House of the Day: 401 Grand Avenue
As someone who owns a similar house rather nearby, we’re hoping that the asking price of $1,100,000 for the brownstone at 401 Grand Avenue is just a savvy marketing trick to spark a bidding war! Granted, some of the finishes leave something to be desired, but the parlor floor looks to be intact. For comparison,…
As someone who owns a similar house rather nearby, we’re hoping that the asking price of $1,100,000 for the brownstone at 401 Grand Avenue is just a savvy marketing trick to spark a bidding war! Granted, some of the finishes leave something to be desired, but the parlor floor looks to be intact. For comparison, 385 Grand Avenue sold for $1,225,000 back in January, arguably a much worse time to sell a house. This place’s chances aren’t helped by using a broker that apparently doesn’t even have a website.
401 Grand Avenue [Lifestyle Real Estate] GMAP P*Shark
heads up – this is an SRO with a tenant. the DOB website has it listed as “SRO Restricted” and HPD shows that there are 6 class B units.
by the time we looked at it, broker gave us full disclosure about its condition. We had an inspector come anyway and we backed out– in the end the tenants bought it and paid more than anyone else. They obviously knew what was going on and just loved living in the house.
Putnamsleaze, I will take your word for it. I only went to the Open House, and didn’t inquire further. I hope the new buyers know as much and did their due diligence. The way it was presented on the sales brochure and through the real estate broker, the house was presented as move-in, renovated condition.
By the way, 83 Downing was not in Move-in condition, it needed a new roof (not just a layer), new electrical, and most details had been stripped out and replaced (floors, moldings, etc.) — plus it had some serious beam issues in the basement.
no motives whatsoever schultz. i just think that the people who have lived in clinton hill since the 1950’s should be given a fair price and too me the price is too low, considering that there aren’t that many brownstones in brooklyn and grand avenue happens to be a beautiful block. what is exactly is your motive?
Witchdoctor — how many people can you anonymously malign in one post? Motives?
Wow, not only am I shocked that the price for a house on that block is million bucks – that most of the posters so far think that price is a steal is a real eye opener.
Good.
I live on the other side of Atlantic not too far and I never would’ve thought the houses that close to Fulton would sell for so much.
both of these houses used brokers that really are not/did not get them top dollar and that really is a shame. these people have lived here for a very long time and deserve the best representation. lifestyle? who are they. sad for the sellers in my opinion. the only people benefitting are the yuppies buying the properties.
“savvy marketing trick to spark a bidding war!…385 Grand Avenue sold for $1,225,000 back in January, arguably a much worse time to sell a house [REALLY!?].”
Not just a river in Egypt. Round II of the collapse will be like that tornado. Won’t see it coming. Won’t be no tiiiiiimberrrrr! Just kerBOOM!
Brownie – it’s a great time for you to cash out, rent a duplex and storage, expand your empire and buy back in at half off. On Clinton Ave!
***Bid half off peak comps***