House of the Day: 118 Kent Street
There aren’t a lot of blocks in Greenpoint with the kind of large brick and brownstone houses you might find in Fort Greene or Boerum Hill. Kent Street is one of them though. This listing at 118 Kent Street hit the market last November with a price tag of $1,900,000 and has had a few…
There aren’t a lot of blocks in Greenpoint with the kind of large brick and brownstone houses you might find in Fort Greene or Boerum Hill. Kent Street is one of them though. This listing at 118 Kent Street hit the market last November with a price tag of $1,900,000 and has had a few small price cuts since, most recently settling at $1,795,000. The house looks great from the outside; the interior looks to be in good shape, though it’s clearly had a makeover that removed at least some of the historic vibe. Given the scarcity of these houses in North Brooklyn, we’re surprised they haven’t gotten a decent offer yet.
118 Kent Street [Greenpoint Properties] GMAP P*Shark
it really is beyond me even considering something over $400/sf even for a historic district on a g-train line in a neighborhood that is a bit of an afterthought. 1.35 tops for my wallet
too much money, but killer area here.
franklin and manhattan have tons of great restaurants and nice shops. franklin street is a great street – probably one of the nicest for cool stuff in brooklyn. it’s very quaint.
area not as polish anymore, and very safe. extremely cute blocks north and south. close to mcgolrick park and to playgrounds to the north and south on franklin. on oak, new kids play center plus close to the preschool and wonderful kids programs at the greenpoint Y which also has tons of terrific summer camp options. and, very reasonable prices. overall, excellent area for families which i think is why greenpoint did so well in the recent neighborhood poll. i know several people that bought townhouses who have 2+ kids because the schools are so good and not crowded. Ps31 is a magnet with 6 k classes and starting full time prek next year. does exceptionally well every year including in national evaluations. truly diverse even though biggest group is white, has people traveling to get there, and is considered to be highly desirable.
can take G to midtown very quickly from here – great if you work there just transfer to E,F or 7 in LIC. if you are going to chelsea, recommend the b62 bus over the G going north to the L or if lower manhattan, b62 to the jmz. the b62 operates efficiently in the area. we use to go to greenpoint frequently.
wish i had considered greenpoint more closely when looking a few years ago.
111 Kent sold in 2005 for mid $900’s . There was a huge 4 family brick on india which sold the low 900’s, gut job. Unless this house is spectacularly renovated , I doubt they see more than 1.2. Even if they could find a sucker for the ask price , what bank would underwrite a loan for this property if it doesn’t appraise.
I recently bought a 2-family and love the neighborhood. GP has some of the best schools in NYC. I would love to eventually live over in that part of GP , maybe if prices stay flat for the next 5 years or so. Wish the listing had better photos.
G train is not that bad.
OTOH, I can’t believe this will go for anywhere above $1.4 million. If one can find three families in Ft. Greene or Clinton Hill for $1.4 to $1.6, a plain jane townhouse in Greenpoint will not exceed that.
No comps in the last 7-8 years, Pete…for once ‘incredibly rare’ has some factual basis.
what have other houses sold for on this block (small historic district)?
Oh! The Polish neighborhood next to Williamsburg and McCarren Park.
I was there once.
Charmingly Polish.
The G train is bad news, though.
Pigeon, it’s a Polish area with some hipster spillover from Williamsburg. Lots of tasty things to eat, close to McCarren Park for recreation and the greenmarket. Also extremely contaminated from a leaking underground oil tank. I think I read somewhere the schools are pretty decent. It’s on the G train, so a little inconvenient. Very old-timey downtown though with everything you need (butcher, organic grocery, Peter Pan donuts, etc.)
The historic district is tiny but lovely, but it’s surrounded by industrial areas, to the North and East, some very polluted. Also, the only train line is the G. There is a large Polish community, and the houses can be a bit vinyl-and-awning happy.