House of the Day: 112 Butler Street
We posted some photos of the (at-the-time) newly constructed house at 112 Butler Street back in 2007 and they met with almost unanimous rave reviews in the comments section. Now the 3,150-square-foot two-family house is back on the market with a price tag of $2,250,000. That’s not cheap for this block of Butler, to be…
We posted some photos of the (at-the-time) newly constructed house at 112 Butler Street back in 2007 and they met with almost unanimous rave reviews in the comments section. Now the 3,150-square-foot two-family house is back on the market with a price tag of $2,250,000. That’s not cheap for this block of Butler, to be sure, but the rental does generate $3,000 a month, which takes some of the sting out of it.
112 Butler Street [Corcoran] GMAP P*Shark
I live on that block, closer to Smith. This place is closer to Hoyt. It is a great block, full of young families and kids. We have two kids under 3yrs old. It is a great location for the subway as well and being right off Smith is great. There is one downside, the projects are at the end of the block. That being said it is not a thruough block so you do not get that much traffic speeding by like on Baltic or Wykoff. You also do not have the subway like on Warren. Ive been here 3yrs and have been more than happy, we sit on our steps and drink all the time. you do get the odd characters who are working their way down to the PJs but usually that is more older nutty folks, not shady thug types.
I hope they get over $2M for the place, gives me hope about the value of mine.
Having lived in the top floor rental a couple of years ago, I can say that at least then Butler was a great block. There was always a presence out on the street that made it feel safe and welcoming at all hours. My wife and I would return from the Bergen subway stop late at night and feel totally secure walking home. That meant a lot to us.
And as for the building, I can only speak for the rental, but I will say that to this day that has still been the nicest place I have lived in in my life. If only I could find that two million dollars I lost the other day I’d pick the building up and head back there…
the block is modest and varied. Mix of frames, 80’s condos, regular brick townhouses, etc.
Across street from this is major gut (real gut) going on in a large townhouse.
Problem is that this house is very close to Hoyt where bodega type stores and ‘sketchy’ goings-on and bit on the noisey side at times.
what’s the block like?
who are their new neighbors?
bought in feb 2008. selling in aug 2010. asking for a 12% gross return.
audacious, i’d say.
skeptics may yell *upside down*, but the mortgage is only 300k, so something else is going down here.
maybe they got scared by their new neighbors???
I love this house and I really like the architect and her many projects, check her out at tinamanis.com – we had interviewed her and liked her immensely to renovate our apartment a few years ago but she got the commission for this house at the same time and she honestly told us she did not feel like she could follow too many projects at once. She subsequently renovated a Cheever place house (also on her webiste) for some friends of ours. I wish I had gone with her! She is very approachable, matter of fact and a Brooklyn resident. I thought she deserves a shoutout!
I’d definitely hit this!
LOL, Pete!