Open House Picks
Park Slope 417 11th Street Townsley & Gay Sunday 1-3pm $2,185,000 GMAP P*Shark Boerum Hill 294 State Street Brown Harris Stevens Sunday 11-1pm $1,875,000 GMAP P*Shark Clinton Hill 121 St. James Place Brown Harris Stevens Sunday 1-3pm CANCELLED $1,650,000 GMAP P*Shark Bedford Stuyvesant 247 Stuyvesant Avenue Capelon Group Sunday 1-3pm $1,050,000 GMAP P*Shark
Park Slope
417 11th Street
Townsley & Gay
Sunday 1-3pm
$2,185,000
GMAP P*Shark
Boerum Hill
294 State Street
Brown Harris Stevens
Sunday 11-1pm
$1,875,000
GMAP P*Shark
Clinton Hill
121 St. James Place
Brown Harris Stevens
Sunday 1-3pm CANCELLED
$1,650,000
GMAP P*Shark
Bedford Stuyvesant
247 Stuyvesant Avenue
Capelon Group
Sunday 1-3pm
$1,050,000
GMAP P*Shark
I smell reverse pricing psychology. Advertising a slightly lower price than would be expected to draw buyers in; potential buyer sees house, falls in love, and thinks its within reach. Then, bidding war starts. Prediction: sold within 3 weeks for 200K over asking.
The Stuy house was on the house tour a couple of years ago.
There’s also the fact that if you want a high-end, quality, modern-design townhouse — I don’t have intimate knowledge of 14 Townhouses, this is just my impression — you’ve got very few options. Scarcity drives cost.
I’m not at all surprised that the State Street house is cheaper than the brand new ones across the street. As Brooklyn becomes more mainstream, the market is also becoming more mainstream. The vast majority of people out there will be spend more for Brand New than for old. As last weeks’ Times pointed out, even the pre-war classic apartments of Fifth and Park avenue are losing steam to the new buildings.
IMHO, St. James Pl house is overpriced. New floors, awkward layout in main unit. Upstairs, while more, smaller rental units may get you more income than one or two larger rentals, more tenants brings more headaches and more wear and tear. Plus, one block over on Cambridge Pl (a quieter, more desireable street), nicer houses have gone for $1.6 range. Just my two cents. I’m taking a pass.
guess this is just a rhetorical quesiton, but…why wouldn’t the state st. house have at least removed the 50 bottles of cleaners and other clutter before taking that picture of the kitchen? they only show three pics and don’t even take the time to make them good ones.
State St.: Doesn’t seem strange to me. It’s an illustration of what relatively good deals old townhouses are. Imagine the cost to build a brownstone from scratch, today, land and everything, soup to nuts. The 14 Townhouses are basically the equivalent — albeit with modern design and materials.
Plus, doesn’t account for condition, which I’m always suspicious of with only 3 photos. Also a weird floorplan — the top 2 floors are basically divided into 8 bedrooms.
I admire the overall intent of the Park Slope renovation — and agree with Linus about the rear facade (often the weakest aspect of traditional brownstone architecture) — but I’d like to see the place up-close before rating it. What’s the actual “feel” of the interior? Sheetrock walls and just average hardwood floors with too much stain or really quality, high-end finishes? Could make all the difference coz at that price you gotta love what you’re getting.
The state st house is right acroos the 14townhouses at $2.6 million. for $800,000 less you get a classic historic brownstone. Doesn’t that seem strange?