650 49th street sunset park 12015

We don’t usually feature houses with no interior photos, but Sunset Park listings are rare and the broker has included a floor plan and lots of info. The bow front limestone exterior at 650 49th Street with pressed metal Renaissance Revival cornice and triangular entrance pediment is quite attractive, but inside “this is a handyman special,” according to the listing

Some original detail remains, but it sounds like a gut or partial gut will be needed. The two-family has an original entrance banister, interior window moldings and some original floors. There are also drop ceilings, wood paneling, tile and carpeting. It will need a new gas boiler, water heater, kitchens and baths. The house is also narrow at 16.67 feet.

Considering how prices have gone up in the area and the work needed, does $850,000 sound fair?

650 49th Street [Corcoran] GMAP


What's Your Take? Leave a Comment

  1. I would bet this sells for over $1 million easy. Houses on the same block have sold for $1.2 in the past few months though they may have been wider Usually close to 8th Ave. the condition doesn’t really matter as they are almost always gutted and turned into 3 family housing.

  2. Assuming you want a single family home, if you want good public schools and low crime (for now) with that train access, $750k will get you…maybe Howard Beach? Ozone Park? You can basically forget Brooklyn, though there are a few houses in Bay Ridge and Dyker Heights. $750k is tough in NE Queens too, even without the train access.

    If schools aren’t important, get thee to Flatbush.