This three-story house at 242 Wyckoff Street in Boerum Hill is really gorgeous. In particular, the parlor floor, with its plaster moldings and original wide-plank floors, is a real gem; the backyard is quite pretty too. Based on the house itself, then, the asking price of $1,650,000 seems quite reasonable. The price, however, reflects (in part at least) the fact that the house is located just down the block from the Gowanus Houses. The question is what the appropriate discount should be for that proximity. Thoughts?
242 Wyckoff Street [Corcoran] GMAP P*Shark


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  1. everyone, calm down. it is two stories plus basement plus a cellar. are some of you confusing an urban basement with a suburban basement -Hmmm?
    Look at the picture, see the story beneath the stoop that is partially submerged underground? that is a basement. It is known in realtor speak as the “garden level” but guess what? it’s still a basement that is partially underground.
    Now beneath that, in some houses, is a cellar. That is a level entirely underground with no windows whatever. OK?
    And yes, Dave, some of us can read floorplans.

  2. I saw this house yesterday, the photos make it look better than it is, it is nit in good condition and only really has 2 bedrooms so I think the price is really high, a 2 bed house flanked by projects at either end of the block that needs at minimum new baths and a new kitchen should not be over 1.5.

  3. dave, I always cause a hubbub when I refer to the basement as a basement on this blog. homeowners become incensed because they think I am devaluing their real estate. But traditionally houses like this one were described as two stories plus basement. look at the facade, it is differentiated between the brick upper floors and the brownstone base, or basement. that is how they are described for instance by the Landmarks Commission in their historic district reports.
    In real estate, they are described differently but realtors will say anything.

  4. Dave, you are grasping at straws. My statement implied no sich thing. As a native New Yorker, we always called that level “the Basement” as a suburban replant, you are thinking of your colonial in the country with its “basement” mostly underground as opposed to mostly above ground.

  5. blayze, 1.6 million for a three-story house sandwiched between housing projects is a lot of money. No one here is rushing out to buy it.
    I doubt anyone will at that price even though, I’m sure you agree, the parlor is lovely.