Open House Picks
Park Slope 475 4th Street Brooklyn Bridge Realty Sunday 12-3 $2,990,000 GMAP P*Shark Crown Heights 859 St. Marks Avenue MMM Management Sunday 12-1:30 $1,500,000 GMAP P*Shark Crown Heights 1265 Dean Street Corcoran Sunday 2-3:30 $1,100,000 GMAP P*Shark Bedford Stuyvesant 471 Decatur Street Location Location Location Sunday 12-2 $895,000 GMAP P*Shark
Park Slope
475 4th Street
Brooklyn Bridge Realty
Sunday 12-3
$2,990,000
GMAP P*Shark
Crown Heights
859 St. Marks Avenue
MMM Management
Sunday 12-1:30
$1,500,000
GMAP P*Shark
Crown Heights
1265 Dean Street
Corcoran
Sunday 2-3:30
$1,100,000
GMAP P*Shark
Bedford Stuyvesant
471 Decatur Street
Location Location Location
Sunday 12-2
$895,000
GMAP P*Shark
So let me get this right 4:38, quality rich to you doesn’t mean being able to put down 50% on a home purchase?
I agree with 4:46. I wouldn’t buy past Stuyvesant.
The Bed Stuy house is in an awful location. You’re close to the A train, which is good but I would not pay over 600K for a brownstone east of Malcolm X. Actually even Malcolm X is too far east.
“i don’t spend less, in fact i’m making more than i am last year, i have money in the bank, i don’t buy gas, so i don’t even notice. i go out every weekend, spend a couple hundred bucks on booze or whatever, go out to dinner whenever. and i’m not loaded. not even close, i’m a 30-ish person and i make 60k a year and own a small place in park slope.
so not everyone is in trouble, and to suggest so is just being fooled by the media, to a certain extent.”
3:31 I hope you enjoy eating pet food because that’s all you’ll be able to afford when you retire or sooner if you lose your job. If you really only make 60k and spend 10k/yr on booze of your pathetic take home pay, I’m sure you are not saving enough. Let’s hope you stay healthy even with all that drinking because you can’t afford to get sick.
katiem,
Dave and all the others replying about how they paid for their houses are why you don’t want to move near them. They live in million dollar houses but they can only afford them because of being in the right place at the right time. They bought low in Manhattan and then sold high. They aren’t actually quality rich people like yourself who can go out and earn a high salary. Be glad you can’t get a place next to them. They are essentially the beverly hillbillies. Low class, living high, ruining the neighborhood for real wealth.
3:47 –
Laurie is correct the house is a two family, my mortgage broker told me that anything under 528k is conforming for a 2 family. Also we had a commitment from Wells Fargo for a lower interest rate about 2 months ago and this is an extension, probably the reason it is lower than some other rates being quoted now.
Laurie – i see that wamu site has rates on it, I put in my personal information and the maximum they will offer me is a 134k mortgage.
I understand that borrowing is still at very low rates, but for someone that doesn’t have some other piece of nyc property to sell it is not as easy to buy something as some of the posters here would have you believe.
I hadn’t heard that Wamu stopped issuing mortgages. I just got a pre-approval letter from Wamu two weeks ago and they have their current rates up on the site.
As for the conforming loans, the limits are higher if you are buy a 2-family home (or “duplex”), so check with the bank. And one of the provisions in the mortgage bill currently before the Senate would increase the conforming amount to $625K in “expensive housing markets.”
3:59 is correct
there will be a nice limestone coming up for sale on Decateur between Stuyvesant & Malcolm X very soon…in the $850 range.
We live right of Stuyvesant Ave in Bed-Stuy and that house is WAY overpriced to be between Patchen and Ralph. Once you cross over Malcolm X, everything just falls apart. There have been 3 murders in the past month on Patchen right near that street. All I can say is, not for $800k+.