70 Willow Street Hits Market
The listing’s not up yet, but the historic and storied house (Truman Capote lived there from 1955 to 1965) at 70 Willow Street in Brooklyn Heights is reportedly hitting the market today with an eye-popping asking price of $18,000,000. Here’s an excerpt from today’s Daily News article about the 18-room 1839 mansion: With 11 fireplaces,…
The listing’s not up yet, but the historic and storied house (Truman Capote lived there from 1955 to 1965) at 70 Willow Street in Brooklyn Heights is reportedly hitting the market today with an eye-popping asking price of $18,000,000. Here’s an excerpt from today’s Daily News article about the 18-room 1839 mansion:
With 11 fireplaces, parking for four cars, a mural copied from the Kennedy White House, a back porch and a garden like something out of a Southern estate, the Brooklyn Heights mansion is touted as the finest house in the borough’s finest neighborhood. “It’s like living in a country estate in the middle of New York City,” said Karen Heyman, the Sotheby’s broker selling the property. “It takes your breath away the minute you walk in.”
If the asking price were achieved, it would be 50 percent higher than the standing record for a private house in the borough. Until the listing’s up, you can see a couple of interior photos on a post we did back in 2007 when the house was on the market as a $40,000-a-month rental. GMAP
Update: The listing is now online!
The Jehovahs building is entered from the other side, facing Columbia Heights, through a very pretty formal garden courtyard, so actually I don’t think the use of the building will effect Willow Street at all.
Unfortunately, the chances of it being demolished at some point is slim as it is larger that what can be built on the site today, but one can dream.
Benson – UA Court reference brings up an interesting debate I have been having (not sure if you have been in Brooklyn long enough to weigh in but…)
UA court building (i.e. including Barnes and Noble) – plus or minus for B.H. as compared to former burned out Porn Theater????
“If this house were in Manhattan it’s be $40 MM, fsrq.”
And if it were in Newark it would be well under 1M – so f’ing what.
Its in B.H. which commands a very nice premium – but Brooklyn has not yet attracted the ‘trophy’ property syndrome (where the overall market is irrelevant for certain individual properties)
Sure certain properties command above market (based on usual metrics) but not the “lets compare this property to a Van Gogh” kind of suspension of RE market limits.
Maybe this house will be the exception but I doubt it and therefore based on comps (which include some impressive RE) the ask is about 30-40% to high.
I think the owners are very smart to sell before the dorms move in next door (which seems inevitable to me .. and another commenter).
I always admire the arrangements in the window boxes here, altho this year they’ve seemed not quite so expensive. Times are tough I guess.
By benson on May 10, 2010 11:54 AM
I wonder if the owner of this place will catch a flick at the UA Court St. theater.
…
Setting the over/under line at 2.
I think Truman’s apt would today be illegal: I think it’s less than 50% above ground.
I wonder if the owner of this place will catch a flick at the UA Court St. theater.
“I was recently in the house for a Truman Capote “reading” -it’s what people in the Height do Benson, believe it or not”
Haha – I almost spit coffee all over my keyboard.
Minard;
Happy to oblige.