Open House Picks
Prospect Heights 407 Sterling Place Brooklyn Properties Sunday, 2:30-4 $1,725,000 GMAP P*Shark Prospect Lefferts Gardens 190 Lincoln Road FSBO Sunday, 12-2 $949,000 GMAP P*Shark Bay Ridge 317 72nd Street Parkview Realty Sunday, 1-3 $929,000 GMAP P*Shark South Slope 157 16th Street Corcoran Sunday, 2:30-4:30 $650,000 GMAP P*Shark
Prospect Heights
407 Sterling Place
Brooklyn Properties
Sunday, 2:30-4
$1,725,000
GMAP P*Shark
Prospect Lefferts Gardens
190 Lincoln Road
FSBO
Sunday, 12-2
$949,000
GMAP P*Shark
Bay Ridge
317 72nd Street
Parkview Realty
Sunday, 1-3
$929,000
GMAP P*Shark
South Slope
157 16th Street
Corcoran
Sunday, 2:30-4:30
$650,000
GMAP P*Shark
251 Fenimore was a beauty and I believe it received offers above its asking price of $899k. I’m surprised Brownstoner did not pick that up as a HOTD.
The South Slope house is REALLY cute (saw it last week) but there’s a big development behind it, and the backyard is a parking lot. Bummer. The block has a lot of mixed developments on it, too. Not ideal.
Thought I’d weigh in on the South Slope house since I live three or four doors down.
The house does seem pretty small from the outside. It’s one of five or six smaller houses on the north side of 16th Street on the block. It’s in much better shape than most of the other small houses — it really looks like a decent-or-better place to live.
The back yard is probably a brown dirt field right now, I’m guessing. The new condo construction at 175(?) 16th Street has torn up the back yards of about five houses, I think. It’s not pretty (it’s the view from my apartment), but I assume something is going to happen to it sooner or later, as the condos are almost finished.
As for the price, it seems a little steep based on everyone’s calculations. I live in a 600-ish square-foot 1BR right up the block and pay $1,400 a month. That said, it’s a nice, safe block — quite a bit of livery car traffic but that’s about it. The adjacent stretch of 5th Avenue is home to Sidecar, Black Horse Pub, Buttermilk, a great deli, a small Met Foods, a bagel shop, laundromat and pizza place. Fourth Ave. near 16th Street is…well, 4th Ave.
The Lincoln Rd place is 3 full stories, but the ad copy “Make this a 21st century home!” sounds like realtor-speak for “expect to update all systems!”
That 251 Fenimore place is a real beauty.
@Borumresident: Yes, if you’re looking to live there, it’s a different calculus. I was looking at it from a purely investment standpoint (I’m very happy in the house I’m in). So maybe that’s the comparable — someone who wants a big one-bedroom apartment, but prefers house living. Oh, and someone said something up the thread about going up/downstair for the bath: We do that. We put the bedrooms on the top floor where the bath is only a claw-foot tub with no shower, so we go down a flight to the master bathroom for showers (the master bedroom we use as a dressing and guest room).
It would be more home-like if there was even a modest 20-30′ deep garden, but the entire lot is only 26′ deep, so there is nothing to do back there.
Yeah, Google maps are not too friendly to the 16th St place. Looking at those, I would never consider this place. Corcoran has done wonders with their photos, which they do a lot (the problem with that is, you are always disappointed when you see the place in person).
A big plus is, with taxes being so crazy-low, this place has comparable monthly costs to an apt which might cost 150K less. It is a starter “home”, but not a starter apt.
Re: PLG – 141 Lefferts totally not comparable. Smaller house, in historic district but not LM, two-family (one apartment per floor, plus basement). A flip – bought in 2009 for $535K, crappy renovation, originally marketed by Corcoran in May, 2010, for $799K, then BK Properties in June at $879K (when it was HOTD: http://bstoner.wpengine.com/brownstoner/archives/2010/06/house_of_the_da_914.php). Not going anywhere at that price – about $100K too high.
On related PLG news, just heard 79 Fenimore is (finally) in contract.
> I.e., probably $2100 a month after taxes.
Well, that begins to sound more reasonable.
> the house is surrounded by some type of loading and construction zone
Yeah, I was wondering about that.