Price Cut at 355 Degraw Street
This has flown under our radar ’til now…This two-family, four-story brick house at 355 Degraw Street in Carroll Gardens hit the market asking $1,950,000 in early April and was just reduced yesterday by a modest $75,000 to $1,875,000. It was recently renovated and has a nice modern feel without having lost its original charm. The…
This has flown under our radar ’til now…This two-family, four-story brick house at 355 Degraw Street in Carroll Gardens hit the market asking $1,950,000 in early April and was just reduced yesterday by a modest $75,000 to $1,875,000. It was recently renovated and has a nice modern feel without having lost its original charm. The new price should attract some interest, dontcha think? Has anyone been inside? Here’s the listing. GMAP
Oldtimer, have you ever done a gut renovation?
Looks like a really nice place to live, airy and bright, even if it’s not one of those 25 foot wide places. That should count for something.
hannible….look up there^^^^^^^^Last Weeks Biggest Sales. Team bear can usually be proven wrong with a mere statement of the facts.
Although this house looks nice, I don’t get why everyone is saying that it is a beautiful renovation. It does look clean and simple but why is it beautiful? There doesn’t appear to be any ‘modern’ features or even much original charm.
And the yard is a box with those stockyard fencing.
I knda agree with the comments on the price drop. Back in the good old days bidding would push a price up. But now I think if I were looking to buy I would be making offers of at least 10% less. There is only one buyer for any house and they will have to listen to the offers that are made.
There are no more million dollar homes in Brooklyn unless you find someonr crazy enough to pay cash for one. This seller bought it in 2004 at 1.3 and wants to make a 300k profit on it now with this market? Good luck to him. He is lucky if he gets what he paid for it.
Beautiful house and renovation. It’s too bad it’s zoned for PS 32. I have no idea about the price. It seems in line with comps, but the difficulty with jumbo loans makes it hard to figure out.
Mr. B, keep an eye on this one. Its selling price (if there will be one) will be indicative of the market, considering this is a pretty attractive property on every level (location, renovation, layout).
The upper apartment does not have much of a kitchen. That is a big minus. This house would work best as a single-family (it’s only 17 feet wide) turn the little kitchen into a half bath and you’re done.
Great renovation! –
but they have to come down more to make people jump and pull the trigger on this place.
A $75K price cut is NOT going to inspire the potential buyers who have already looked at this place and thought “wow what a great house, wish it were cheaper”
and it won’t really inspire any new buyers who’s price range might range into 1.8 territory
Chop it to 1.6mil and you will get a lot of action and might even cause a bit of a bidding war to 1.7