Open House Picks: Six Months Later
Comment: Worst batch in a while. Open House Picks 7/16/10 [Brownstoner] Previous Six Months Later Posts [Brownstoner]
Comment: Worst batch in a while.
Open House Picks 7/16/10 [Brownstoner]
Previous Six Months Later Posts [Brownstoner]
We looked at the house on St. Felix Street because it has parking. The house looks cute from the outside and certain aspects of it aren’t bad.
But the price needs to come down. The top floor apartment seems very tiny…because it is. The apartment’s second bedroom is smaller than many walk-in closets unfortunately.
The main apartment, which is a duplex, is okay but also feels quite cramped.
Someone will want to rip out the existing kitchens and mostly likely the bathrooms since they have that off-the-shelf big-box-store (HD or L’s) feeling.
And, sadly, the block is not spectacular. It’s noticeably rumble-down and has infill, low income townhouses that were built, I remember, in the late 80’s I think it was which are okay but not that well-realized. The old houses, for the most part, need work.
The house doesn’t have a basement but does have room for two cars. Right now, the entire backyard is paved and the garage space is separated from it by a plywood door as I remember. The house has much more curb appeal than anything.
Bonuses are going to be dreadful this year, so I wouldn’t expect a giant bump.
that st felix place is really a 1-family size house right?
I don’t know if some Williamsburg houses are priced to sell as potential development sites, but I do know several people who’ve bought houses as family houses to live in, and several that have bought them and rented them out for investment income (as floor thru’s, some did renovations, and others nothing).
Too bad on the St. Felix place, looks nice on the website.
I saw the St Felix house, and I’m not surprised it didn’t sell. It’s really all wrong: cheap and nasty construction, ridiculous choices by the architect/builder. It would work as an investment property, but the price has to be adjusted.
“What is it with those Williamsburg houses? First, there are hardly any for sale, most of them look like crap on the inside, and then they are priced like the walls are lined with gold buillon. But no one’s buying.”
actually, that crazy 1.5 milli house on skillman and lorimer that was HOTD seems to have sold.
http://streeteasy.com/nyc/sale/532989-townhouse-68-skillman-ave-williamsburg-brooklyn
What is it with those Williamsburg houses? First, there are hardly any for sale, most of them look like crap on the inside, and then they are priced like the walls are lined with gold buillon. But no one’s buying.
I love the St. Felix Street place, and am surprised it is still on the market.
These will all fly off the shelves after the big bonuses are paid out assuming sellers are willing to accept lots of deferred stock with clawback provisions.