House of the Day: 2106 Albemarle Terrace
We’re loving this new listing at 2106 Albemarle Terrace. At $975,000, it’s priced quite a bit higher than Kenmore-Albemarle Terrace nieghbor that was House of the Day last winter. But, man, it sure is purdy: The original details are in great shape and the new kitchen is modern but totally in keeping with the vibe…
We’re loving this new listing at 2106 Albemarle Terrace. At $975,000, it’s priced quite a bit higher than Kenmore-Albemarle Terrace nieghbor that was House of the Day last winter. But, man, it sure is purdy: The original details are in great shape and the new kitchen is modern but totally in keeping with the vibe of the house. Waddya think: Is the market in this neck of the woods strong enough to pull off this asking price?
2160 Albemarle Terrace [Brown Harris Stevens] GMAP P*Shark
I know this is way after the fact but I thought it might be useful to hear from someone who actually lives on this block. I moved here from Fort Greene 14 years ago when there were no amenities there (I would have killed for a grocery store that didn’t smell like cat pee). I couldn’t afford to live in FG even with the cat pee and being mugged on my block, so after dreaming for years about Albemarle Terrace (we fell in love after we saw it), we bought. The houses are unbelievably cute and my neighbors are awesome. The park is close and the B/Q is speedy. It really is an amazing place that you should visit if you dig New York. If you ask someone will probably let you see their house.
About the neighborhood: If you want fancy, this isn’t for you. I personally have never felt unsafe and I walk from the subway at all hours. I feel unsafe when there are no people around, and it’s a busy shopping district. Agreed that some buildings are better maintained than others, but I have seen A Lot Of Change since I have moved here. Meaning the tattoo types are moving into the big deco apartments.
To be honest, something about these comments rubs me the wrong way. The community is mostly working class immigrants from the Caribbean and Mexico, and African Americans. There are lots of amenities for those groups (hi, taco truck!). And some for me. And I’m a white lady from the burbs. I guess it’s how you define amenities.
Finally, about price: A house sold on the block last year for 1.1 million. Go figure.
Anyway, that’s my honest perspective. I’ve thought of selling but I think I would regret moving. It’s a really special place.
ugh, pass. In 2007 I looked at a house near here, slightly better location, but needed some updating, for $550,000. I passed then and don’t regret it. THat nabe blows.
Re: the area – Oh man, this is dePRESSING! I saw the picture of this house and literally gasped, it’s so what I’m looking for (fireplaces! painted window shutters! a backyard! French doors!). And I can afford it, without putting myself (that much, anyway) into hock. And now it turns out that it’s in a place that’s apparently scary. Drats!!
i never heard of albermarle terrace until now, but when i see you have to get to it off east 21st street, i literally lol’ed….almost spilled my beer too. $975K to live off of east 21st street? thats arguably the worst street in flatbush…when’s the last time any of you guys who had a positive review on this house walked on east 21st street at 10 PM on a saturday night?
Tybur6 is spot on. Gorgeous little enclave in a very dodgy area–one that used to be the historic heart and soul of the Dutch village of Flatbush(Church Ave. and Flatbush Ave). I can live without much decent shopping (and by decent I mean decent, not Union Market foofie), but the walk home from the subway at night (or to the Elysian Dining Fields of Cortelyou Rd, for that matter) would concern me. And for a million?…
“This location has a clear limit to gentrification.”
The limit being after the neighboring house on the corner lot.
I believe a charter school is coming, and some hipster locavore vermont style eatery/grocery store, but this neighborhood isn’t going to turn in 5 years and maybe not 10. Accordingly, this house is overpriced by 20%.
Minard — that’s the thing. This location has a clear limit to gentrification. And it’s there. Unless they knock down the huge apartment blocks, this house is maxed out with gentrification. This isn’t like 4th Ave in the Gowanus… those places are being priced for 4 or 5 years from now. The immediate area surrounding this little enclave will be the SAME in 5 or 10 or 15 years.
The home prices in Brooklyn tend to be years ahead of the actual gentrification of the neighborhoods. This is a case in point.