House of the Day: 43 Love Lane Revisited
Back in early 2007, when 43 Love Lane was a House of the Day, the carriage house replica had an asking price of $3,500,000. Needless to say, it didn’t sell. Over the course of 2008, the asking price ticked down gradually, actually getting as low as $2,195,000 in early 2009 before getting taken off the…
Back in early 2007, when 43 Love Lane was a House of the Day, the carriage house replica had an asking price of $3,500,000. Needless to say, it didn’t sell. Over the course of 2008, the asking price ticked down gradually, actually getting as low as $2,195,000 in early 2009 before getting taken off the market. Now it’s back, and the asking price this time around is $2,500,000. We shall see.
43 Love Lane [Corcoran] GMAP P*Shark
Another Price Cut for 43 Love Lane [Brownstoner]
Love Lane Buyer, Wherefore Art Thou? [Brownstoner]
House of the Day: 43 Love Lane [Brownstoner]
buttermilk –
OK, they can’t make the turn from Hicks…yet somehow they end up in Love Lane.
(UNLESS…Duane Reade is secretly hiring trucks painted with CVS on the side…just to ruin their cred with the nabe)
We’re gonna need Philip Marlowe. Think we’ll call it The Love Lane Truckers.
On a serious note, glad to hear positives about Love Lane Mews. Wonder when they will launch the marketing campaign?
Here’s an earlier link to this listing, with more pictures and a more detailed description (and apparently, the owners rented the house out for awhile):
http://www.corcoran.com/property/listing.aspx?ListingID=1446321&Region=NYC
What’s wrong with baseboard heating?
I saw it during one of the earlier listing iterations – it’s been a long haul for this puppy. From memory… You’re talking about 1500sqft above grade plus a den in the basement which is at grade on back. Only outdoor space is roof terrace which is a bit boxed in by the taller buildings fronting onto Pierrepont. The kitchen and at least one of the bedrooms are tiny. It does, however, look like the garage conversion is creeping towards completion and is decent so I think the risk/disruption from that is largely out of the way and the price may not be a million miles away from the current market given the dearth of inventory especially sub-$3mil houses in Heights + Cobble Hill. FWIW, my observation is that there’s a couple of year’s worth of pent up demand from people that are now anticipating a V-shaped recovery so chasing slim pickings and bidding them up… (I’ll be watching to see if the recent choppiness in equity mkt has any impact and whether the Spring strength flushes out some new sellers)
This little white elephant was comically overpriced to begin with, and I bet it will continue to sit on the market.
Love Lane Mews is nearly complete, and the conversion looks great. Large layouts, and parking below. It’s been a very low-impact construction site in terms of noise. I think the development will have positive reviews once it is officially launched.
Regarding CVS… tractor trailers can’t make the turn from Hicks. CVS deliveries are usually during daytime hours with smaller trucks. When D’ags was there, the deliveries were much more frequent, and earlier in the day.
No. I am serious. I live in Brooklyn Heights, so I’m not a neighborhood hater. That alley with the garage, CVS, backs of buildings etc. is not attractive or neighborhoody. I don’t know if I’d go as far as to say it is the worst street in the Heights, but it must be in the top 3.
Is that true in Brooklyn Heights, that most houses are selling for under $1K per foot?
Looking at this again:
26×32 = max 2500 sq ft, of which you lose a good chunk to mechanicals, subterreanean space, and the rest is nearly windowless, though you do get a terrace.
So we’re talking $1k/PSF. Most recent houses have sold for less.
For all of you people complaining about the garage conversion:
What happens when the CVS gets demolished and something bigger gets put up. This house already has basically zero sun most days. It doesn’t have a garage, it doesn’t have details, it isn’t particularly nice or unique in any way, it is small, and it is still $2.5 million, which is more than 10x the average for the US.