Open House Picks
Boerum Hill 243 Dean Street Cobble Heights Realty Sunday 1-4 $2,595,000 GMAP P*Shark Stuyvesant Heights 404 Stuyvesant Avenue Halstead Sat 12-2, Sun 12-2 $1,475,000 GMAP P*Shark Victorian Flatbush 2119 Albemarle Terrace Brown Harris Stevens Sunday 2-4:30 $1,250,000 GMAP P*Shark Bedford Stuyvesant 73 Lexington Avenue Agent Mike Sunday 10-1 $919,000 GMAP P*Shark
Boerum Hill
243 Dean Street
Cobble Heights Realty
Sunday 1-4
$2,595,000
GMAP P*Shark
Stuyvesant Heights
404 Stuyvesant Avenue
Halstead
Sat 12-2, Sun 12-2
$1,475,000
GMAP P*Shark
Victorian Flatbush
2119 Albemarle Terrace
Brown Harris Stevens
Sunday 2-4:30
$1,250,000
GMAP P*Shark
Bedford Stuyvesant
73 Lexington Avenue
Agent Mike
Sunday 10-1
$919,000
GMAP P*Shark
“I have no idea where your home is in relation to other points in Brooklyn.”
http://maps.google.com/
12:18:
That’s right, that’s the way it works. The market will help determine the price.
But there’s also emotion in real estate, and someone may just love this place and pay the asking. (My own parents’ house, for example, sold well over asking — a big surprise for me — because a young couple had been admiring it for years and started a bidding war.)
The “right price” is in the eye of the potential buyer. For you, the house on Albemarle isn’t there yet. But for somebody else — who knows?
NOP
“At the right price, this one should go in a flash!”
REALLY??? is that the way it works????
too bad this one is far from the “right price”
10:58am — I had a very similar thought when I looked at the home. It absolutely is beautiful, but I also remember being advised years ago, long before getting into the NYC market, that you shouldn’t buy the nicest home on the block, or a renovation doesn’t pay off if your home is renovated much more than your neighbors’ homes.
Gee, I was a kid in Brooklyn and never saw Albemarle Terrace. Just Googled it. It’s a beauty! And this house is sweet, with or without the music studio.
Neo-Georgian houses are special in Brooklyn. There were several around Brower Park in Crown Heights, where I was a boy, and there are a very few in Park Slope, where my family’s lived for four generations.
Less dark than brownstones, and cozy with brick, they always said “house” to me.
At the right price, this one should go in a flash!
Nostalgic on Park Avenue
This was a bad thing about the low cost home improvement loans and all the pressure to do high-end gut renovations all at once right way – sometimes the location of a property isn’t worth a huge investment. I’m not dissing Abermarle. I’m just pointing out the old rule of real estate which used to be to never do renovations that weren’t on par with where the neighborhood and similar houses were at. You can see this example in other parts of the country when someone builds a mansion in a modest town or neighborhood then someday tries to sell it for all they put into it and the kind of buyer they want doesn’t show up. Sincere good luck wishes though, owner of Abermarle. It’s a lot of work you did. Hope it goes well.
Albemale Terrace owner: The house looks nice, so congratulations on a good renovation. But, with all due respect, I think your price is crazy. I’ve seen two houses on AT that were lovely and in good shape and which were asking in the 800’s. Your renovation does not justify an extra $400,000–in my opinion. Most of what you’ve done is standard stuff, and the few “extras” aren’t to everyone’s taste or needs. Personally, I can’t see it going over 1M. But, as always, we’ll see what the market says…
We used a BHS broker and got a floorplan immediately as well as professional photographs. It’s not about the realty firm, it’s about the individual broker. And everything the owner of Abermarle mentioned should be on the listing description.
Owner, thanks for posting. Your house does look beautiful.
One comment — since you are using Brown Harris Stevens as your “exclusive” broker, you really should demand a far better website from them. I’m assuming they want 6% — how about posting a floorplan?
Also, as someone not familiar with Albemarle Terrace but who thinks the house looks beautiful — there is no map nor directions to the open house — the link doesn’t work. So, I have no idea where your home is in relation to other points in Brooklyn. If I want to attend the open house, I have to go through mapquest. Yes, I could do this myself, but for the huge fees brokers charge, they should be making it easy for potential buyers.
(If I missed the floorplan and directions, I’m sorry, but either link didn’t work or there was no link at all for me.)
I’m not another broker, nor am I advising you to change brokers, as BHS seems like a fine place for attracting potential Manhattan buyers, but I do advise you to demand more services from them. Otherwise, you might as well do a FSBO.