Open House Picks: Townhouses
Carroll Gardens 361 DeGraw Street Brownstone RE Sunday 1-3 $1,650,000 GMAP P*Shark Bedford Stuyvesant 53 Monroe Street Corcoran Sunday 12-2 $1,150,000 GMAP P*Shark South Slope 212 16th Street Douglas Elliman Sunday 12-1:30 $1,100,000 GMAP P*Shark Crown Heights 271 Brooklyn Avenue Ettelson RE Sunday 1-3 $799,000 GMAP P*Shark
Carroll Gardens
361 DeGraw Street
Brownstone RE
Sunday 1-3
$1,650,000
GMAP P*Shark
Bedford Stuyvesant
53 Monroe Street
Corcoran
Sunday 12-2
$1,150,000
GMAP P*Shark
South Slope
212 16th Street
Douglas Elliman
Sunday 12-1:30
$1,100,000
GMAP P*Shark
Crown Heights
271 Brooklyn Avenue
Ettelson RE
Sunday 1-3
$799,000
GMAP P*Shark
From http://www.dhcr.state.ny.us/ora/progs/oraprogs.htm#underrc it would seem that if the tenants have been living there since befor 1971 it’s a dead cert they’re benefitting from rent control no matter how many units there are in the building:
“The rent control program applies to residential buildings constructed before February, 1947 in municipalities that have not declared an end to the postwar rental housing emergency. There are 55 municipalities that have rent control, including New York City, Albany, Buffalo, and various cities, towns and villages in Albany, Erie, Nassau, Rensselaer, Schenectady, and Westchester counties.
In order for an apartment to be under rent control the tenant must have been living there continuously since before July 1, 1971. When a rent controlled apartment is vacated in NYC or most ETPA localities, it becomes rent stabilized (where the building contains at least six units), or completely removed from regulation.”
DH and I saw a three family in Park Slope with a rent-controlled tenant on the garden floor, hence the asking price (tenant is in her early 60s and has lived in the apartment for 40 years). Corcoran has the listing:
http://www.corcoran.com/property/listing.aspx?Region=NYC&ListingID=867334
Downing Street link does not work.
It is possible to be RS or RC in 3 familly building depends what happend in the past
(for exemple it was SRO back in the days)
Not common but possible generaly RS/RC applaing to 5 fam + Przemek Godyck
Monroe st looks nice but narrow triplex with tenants upstairs is kind of not ideal
Mr. B for tomorrow’s apartment listings, can you please (pretty please) feature the pierrepont street apartment that BHS is showing. I have no interest in the apartment (I wish !), but am dying to hear what people think about the listing.
degraw has some weird tenant situation, it isn’t a 4 family but I think it was and these tenants are rent-stabilized somehow
“Carroll Gardens House is a 3 family. No such thing as rent control on 3 family houses. ”
Disagree. There have been one or two weird examples of this in the Neighborhood with respect to 3-families. I remember one on Pacific Street between Nevins and 3rd and another on Bond Street between Degraw and Douglass. The tenants had been there for more than 20 years. Unusual, but one could still run into it, especially in CG given the number of old-timers.
Degraw Street and Brooklyn Avenue are the only two that appear to be priced realistically. The pricing for Degraw would be on-target if the building were being delivered vacant. (I have generally interpreted “established tenants” to mean a combination of below-market rents/long leases.) The Corcoran crack pipe was obviously in use before pricing for Monroe Street (I think the broker is a College classmate.)
not true anon 12:04, Carroll Gardens House is a 3 family. No such thing as rent control on 3 family houses.