Open House Picks
Boerum Hill 398 Pacific Street Halstead Sunday 2-4 $2,175,000 GMAP P*Shark Fort Greene 204 Clermont Avenue Douglas Elliman Sunday 1:30-3:30 $1,650,000 (was $2,500,000 then $1,950,000) GMAP P*Shark Carroll Gardens 274 Hoyt Street Brown Harris Stevens Sunday 2:30-4 $1,495,000 GMAP P*Shark Bedford Stuyvesant 484 Monroe Street Fillmore Sunday 1-3 $579,000 GMAP P*Shark
Boerum Hill
398 Pacific Street
Halstead
Sunday 2-4
$2,175,000
GMAP P*Shark
Fort Greene
204 Clermont Avenue
Douglas Elliman
Sunday 1:30-3:30
$1,650,000 (was $2,500,000 then $1,950,000)
GMAP P*Shark
Carroll Gardens
274 Hoyt Street
Brown Harris Stevens
Sunday 2:30-4
$1,495,000
GMAP P*Shark
Bedford Stuyvesant
484 Monroe Street
Fillmore
Sunday 1-3
$579,000
GMAP P*Shark
Bring out the gimp!
The Bed Sty house is the best deal and it’s overpriced too.
Save your money, folks. In six months Brooklyn will be ON SALE!
1.475 million for the ADJACENT LOT? Are they out of their minds? This looks like a seriously-close-to-gut renovation on the house alone, which with a straight face they are asking nearly 2.2 million. But the LOT? That is beyond a head scratcher.
We looked at the house on Clermont almost a year ago, and found it absolutely charming. A lot of work needed, and quite narrow, but charming. And the price now seems about right – though in today’s market, who the hell knows. It has no yard, but a nice parlor floor level deck and an honest-to-God garage. Heaven.
Amzi: Cross streets on Monroe are Sumner and Lewis.
Dave: I know of duplexes that were getting $2K over 5 years ago in BS and the layout and condition were not as nice.
The house certainly needs improvement, but you can bring this lovely lady back over time. The fireplace mantle is still there in one floor and the hearth is there on another floor. You need summer grills, one new mantle and the patience to strip the paint. And even the fireplaces can be made woodburning again. I certainly know that.
The location is a bit of a treck to the subways, but the busses are everywhere around there, they run frequently and there is a free transfer from bus to subway.
The Pacific Street house is bigger than its neighbors, in both width and height, and if you built the adjacent lot, its facade would have to look just like 398. It is, as someone said, a really unique opportunity.
If I had infinite budget, I would definitely buy both. I’d try to chop that price by 15%. Maybe I’d combine the houses into at least one gigantic duplex. There’s 22′, and then there’s 44′.
I think the lot alone in Pacific would probably be worth north of $1 mil. even in this economy, so $1.4 doesn’t seem outrageous. It’s a really good location.
Here’s my thinking: A developer could do 4 floor through condos for at least 1 mil each, maybe more depending on what kind of finishes etc. The next year will be a good time to start building, because labor costs should be kept down (materials are another matter, but I can’t comment on that).
If you’re a developer, you’ve got to believe that by the end of 2011 (which is when you might reasonably expect to finish) things will be looking better for the economy.
Amzi Hill, who are the “professionals in Victorian construction” of which you speak?
That BS house is a little too updated and stripped for my taste. The fireplaces and built-ins they left look a little forlorn and out of place.
Out of curiosity, what do people think the lot on Pacific Street by itself should be?
That’s the kind of house in Bed Stuy I always thought I would buy in the next few years. That is quite a hike from the subway.
Amzi: where did the train run previously?