houseBoerum Hill
243 Dean Street
Cobble Heights Realty
Sunday 1-4
$2,595,000
GMAP P*Shark

houseStuyvesant Heights
404 Stuyvesant Avenue
Halstead
Sat 12-2, Sun 12-2
$1,475,000
GMAP P*Shark

houseVictorian Flatbush
2119 Albemarle Terrace
Brown Harris Stevens
Sunday 2-4:30
$1,250,000
GMAP P*Shark

houseBedford Stuyvesant
73 Lexington Avenue
Agent Mike
Sunday 10-1
$919,000
GMAP P*Shark


What's Your Take? Leave a Comment

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  1. From the owner of the Albemarle Terrace home: The homes that sold recently needed considerable work. The price here appears high because the renovation is exhaustive. Every bathroom is basically brand new as is the kitchen. The steam-room bathroom was done in slab marble with matching seams. The Mexican bathroom has Talavera (google it!) painted ceramic sink toilet and accessories and stone tile on the walls. All of the lighting has been replaced. The doors and door hardware has been updated, repaired or replaced. The roof has been replaced. Boiler and Hot water heater are new. Some work has been done in the back yard and it is beautiful. The exterior of the house has been newly and appropriately serviced and maintained. While a considerable effort and expense was spent on the basement it could be quite useful in a non recording application. The studio was designed to be modular, so there is no hidden permanent wiring except for generous AC. The insulation is remarkable. There are many more features, but for now I hope that answers the questions that were raised.

  2. Interesting, 5:17. That’s what I had anticipated would happen, that the tons of new condos in Brooklyn would lower the value of coops. It made me anxious so we sold our coop to get a house sooner than we initially had planned.

    That said, I think the coops in limestone and brownstone buildings on pictureque, well-located landmarked brownstone blocks of Park Slope won’t lose value. A slower appreciation maybe with the flood of condos. The brownstone coops’ real competition are the condo conversions in neighboring brownstone buildings, not the big new construction buildings on 4th Ave and the like.

  3. The listing last summer for a similar house on Albemarle Terrace was 850K, but it was not as nice as this one. There’s one on Kenmore for sale at 950K with a garage. These houses are amazing little gems, but the surrounding area isn’t that great.

  4. If I had a recording studio in my basement, and I wanted to sell my house, I’d either rip it out so it just looked like a ready-to-finish basement, or I’d make no mention of it in the ad. Then, I’d offer to either rip it out or leave it in, whatever a buyer preferred.

    Featuring it in the listing, in this location at that price in this market, is just a red flag to buyers. Although maybe you could use it as another income stream…

  5. Oh, it’s also not really Victorian, built more than a decade later than the other Victorian Flatbush and are an early exponant of the British Garden Suburb (which is why they’re of such architectural importance).

  6. There are no identical houses on Lefferts. That’s the whole thing about Albemarle Terrace. It’s a one of a kind, or architectural importance on a national level.

    I’m not sure the price is on target, however, given the location of this gorgeous little oasis. Although it is in Flatbush and considered to be one of the Victorian Flatbush neighborhoods, it is not contiguous with the other neighborhoods, is not as large as homes found in those neighborhoods. I think around the million mark is more accurate. Houses on Albemarle and Kenmore in good condition but in need of updating have sold for around the $800K mark in recent years.

  7. 5:48–those with houses in Brooklyn have. And so has every single broker in Brooklyn. And actually, the owner’s relatives DID post on the auction thread last year, so why wouldn’t they now?

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