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We hadn’t realized that this house at 65 South Elliott Place was on the market until it popped up as one of the early listings in the Brownstoner Marketplace. (We did know from this post that the place has been sitting empty for the last couple of years.) For the right buyer with the stomach and the cash for a major renovation, this pre-Civil War era woodframe house could be pretty interesting: There are lots of original architectural details and its on one of the best park blocks in Fort Greene. The asking price is $869,000. What do you think this would be worth fully-restored?
65 South Elliott Place [Filmore Real Estate] GMAP P*Shark



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  1. The renovators on this site must have access to 1960’s priced materials and contractors. I sure couldn’t do this job for anything like $300,000.
    Just hiring an engineer and an architect and dealing with landmarks, plus interest on a construction loan add to the cost.

  2. M4L: New windows, structural work on the staircase, new electric, plumbing and heating. Rebuilding the balcony, recreating the landmarked facade. Landscaping the backyard. All new kitchens and baths. I could go on…

  3. How do you get horses into a basement? Don’t tell me they walk down stairs.

    Agree with Dave, this could be nicely restored for $300,000 to $400,000. Not only could you re-do all the plumbing and electric for that, and of course skim coat all the walls, and add HVAC, but you could also remove and dip all the woodwork and then put it back. Unless there’s some awful structural problem. Buyer should check the condition of floors and other wooden bits not only for termites but also powder post beetle and make sure the whole thing isn’t turning into dust. If you only have $200,000, I bet you could even make it work for that, although it might not be lead free.

  4. The “horse stable” in the basement was highly UNimpressive. Just some wood partitions. I think it would cost more than $500,000 to renovate – all cash most likely.
    Agree it could be nice when finished and probably worth it.
    All of this is moot because according to the broker there were 12 high offers.

  5. By benson on July 12, 2010 1:50 PM

    How the hell can you have a horse stable in the basement?

    There was no LPC or condo boards back in the mid 1800s. I bet they are coal bins and the agent has no clue.

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