Open House Picks
Bay Ridge 7601 Narrows Avenue Brown Harris Stevens Sunday 12-1:30 $2,500,000 GMAP P*Shark South Slope 409 Prospect Avenue Betancourt Sunday 1-3 $1,169,000 GMAP P*Shark Kenmore Terrace 221 East 21st Street Corcoran Sunday 12:30-3 $1,150,000 GMAP P*Shark South Slope 270 10th Street Century 21 Sunday 1-3 $775,000 GMAP P*Shark
Bay Ridge
7601 Narrows Avenue
Brown Harris Stevens
Sunday 12-1:30
$2,500,000
GMAP P*Shark
South Slope
409 Prospect Avenue
Betancourt
Sunday 1-3
$1,169,000
GMAP P*Shark
Kenmore Terrace
221 East 21st Street
Corcoran
Sunday 12:30-3
$1,150,000
GMAP P*Shark
South Slope
270 10th Street
Century 21
Sunday 1-3
$775,000
GMAP P*Shark
Boofer – what about that Bayridge house don’t you like?
I think I kinda dig it – you add a lot of your own style to a place like that
just wondering what about it makes you say it’s awful?
so u would be willing to pay that much for Bay Ridge?
I’m sorry but that bay ridge house is kind of awful…really awful actually. Whoever said McMansion earlier hit the nail on the head. The floors are truly heinous. Look at the streetview..the homes on this block are nothing spectacular and this house looks totally out of place. This looks like my parents ugly house in Fairfield, New Jersey. From there you can commute to midtown in 30 minutes and pay half as much for this same house. $2.5 is INSANITY for this thing.
Buckfast,
This is ONE home in Bay Ridge.
The majority of homes in Bay Ridge cost no where near this price. You are overgeneralizing big time.
The average listing price of the 90210 zip code (Beverly Hills) is over $6,000,000 according to Trulia.
Not even Brooklyn Heights has an average price that high.
I heart the Bay Ridge house. Its a little sterile without furnishing but it would be pretty amazing with a stylish homeowners touch. Its a LOT of space (albeit for a LOT of money).
don’t forget to factor in paying for all utilities plus upkeep, in the owning scenario.
Not that I’m a rental advocate … even if you’re losing money while owning, you’re losing LESS money than just throwing it away on rent.
11217.i did not say Beverly Hills was a bargain.what im saying is that when u start comparing prices of Beverly Hilly,and Bay Ridge BK,and they look similar.something is very very wrong.
Of course Maly!
And I think that you shouldn’t buy a house (PERIOD!) unless you LOVE it, so I guess we are in agreement!
True!
So let’s say your marginal tax rate is 31% and you are not subject to AMT (fat chance, really, but let’s dream), you’re looking at $1,700 per month maybe? so your net cost is $3,170, not too different from the rental value.
Meanwhile, between your closing costs and your downpayment, you could have 250K making some income if invested in safe corporate bonds.
You’re taking all the financial risks with no upside, so it would only work if you love, love, love this house, and nothing else will compare.