Open House Picks
Boerum Hill 357 Pacific Street Brooklyn Properties Sunday 12-2 $2,200,000 (was $2,499,000) GMAP P*Shark Prospect Lefferts Gardens 165 Fenimore Street Corcoran Sunday 1-2 $795,000 (was $849,000) GMAP P*Shark Crown Heights 1183 Lincoln Place Fillmore Saturday 2-4 $549,000 GMAP P*Shark East New York 420 Vermont Street Elliman Sunday 1-2:30 $299,000 GMAP P*Shark
Boerum Hill
357 Pacific Street
Brooklyn Properties
Sunday 12-2
$2,200,000 (was $2,499,000)
GMAP P*Shark
Prospect Lefferts Gardens
165 Fenimore Street
Corcoran
Sunday 1-2
$795,000 (was $849,000)
GMAP P*Shark
Crown Heights
1183 Lincoln Place
Fillmore
Saturday 2-4
$549,000
GMAP P*Shark
East New York
420 Vermont Street
Elliman
Sunday 1-2:30
$299,000
GMAP P*Shark
Whoever took the pics for Fenimore is a photography genius. It doesn’t even look like the same house when you tour it. Agree with shillstoner – needs A LOT of work and lacks the potential of other houses available in the ‘hood. Also, not on one of PLG’s prime blocks. Price still has a ways to go…
I was visiting friends in PLG today and took a detour to see the Fenimore house. It is very nice, and has potential, but it needs a fair amount of work and it will never be a stunning house like so many others in the area. It feels like lower middle/working class housing, like the Tudors on Chester and Rutland. And that block has issues, too. I’d bet that the price still has a way to drop before it finds a buyer.
Boerum Hill should sell for $1.75. That reno cost about 100k tops. nothing to right home about.
Prospect Lefferts Gardens, that nabe is down from prices 2-3 yrs ago about 15-20%, and might come down another 10-15%. Lets say 725k for that house.
BH- that’s what I was trying to convey. The work is crappy, but he didn’t do much to the bedrooms, which were simple and beautiful.
>> 357 pacific sold in 2007 for $1,865,000.
Now going for 2.2 in a down market? Hopefully there were some *really* amazing renovations done.
…
Everything the contractor designed is either ugly or already coming apart, ie. the kitchen floor and the bathrooms. That said, the spaces the contractor just cleaned up are lovely and the house has a ton of potential if it were priced properly.
…
Posted by: stoppedlurking at February 12, 2010 3:01 PM
Wat?? Not sure what you are saying…
So 357 is kind of a weird deal. The guy buys if off the heirs at an auction, does a half-baked job of renovating sans permits, more or less finishes NOTHING (I started to lose count of the number of small jobs that needed finish work, but it was like numerous doors missing handles, plumbing in half bath never completed, 18 inches of the bannister missing, etc), and then thinks he can do a quick flip. In this market (he started listing last year IIRC).
He has lowered the price from high 2.4s and switched brokers, but he’s still not going to get a deal done IMO.
“not open to negotiation.”
LOL
Is this the same house that had the for sale sign in the window for a long time with some real estate company listed that I have never seen around here? I called the number and was told that the ask was $2.7 or something in that range and it was not open to negotiation. It was right along this part of the block, but I think it was a wider house.
“$2,200,000 (was $2,499,000)…$795,000 (was $849,000)”
Damn, the market is crashing in real time!
“contractor is unfortunately unable to accept the proper pricing”
Ponzi breakdown.
***Bid half off peak comps***