Rate It: 513 MacDonough Street Sells for $420,000
This three-story, three-family brick townhouse at 513 MacDonough Street just sold for $420,000.
This three-story, three-family brick townhouse at 513 MacDonough Street just sold for $420,000. GMAP
Thanks for the response, DIBS. But how will a loaf of bread fare during that time?
***Bid half off peak comps***
Posted by: Brownstones Half Off at November 4, 2009 1:49 PM
You probably eat Wonder bread. That price won’t change. Nor will it get moldy. A nice ciabatta or an olive & rosemary sour dough will go up.
A nice gourmet grocery with freshly baked bread is likely to open in this neighborhood in the next few years…that’ll boost home prices by about 15%.
Ralph Ave? I’ve always associated Ralph Ave with East Flatbush and Brownsville, basically north and EAST of Marine Park. This is Bed Stuy? How friggin far east is this? It’s strange how narrow Brooklyn is along that central Eastern Pkwy corridor.
Huh? Oh, sorry, I was busy polishing up some of the extensive quarter-sawn oak woodwork that is intact throughout our townhouse, one of the many grueling duties we Eastern BedStuy folks endure in our poor depressed “hood” if we can fit it in with the original-brass hardware polishing and quiet garden tending, etc.
(I’m sure BHO has the luxury of hired help to dust the sheetrock and Depot light fixtures in his/her $600,000 1Br in the Slope.)
I hope the 513 MacDonough buyers are reading BHO’s obviously envious comments. Further cause for them to rejoice.
BTW, we get $1,300 for our top floor 1BR apt.
Thanks for the response, DIBS. But how will a loaf of bread fare during that time?
***Bid half off peak comps***
We get $1500 and $1595, respectively, for our recently renovated two and 1.5 bedroom floorthrus on Macon Street. Tenants have been with us since we moved in a few years ago. And we are outside the historic district.
“While a loaf of bread goes 20 fold” Maybe BHO. I believe in Time. In prime Park Slope a brand new brownstone went for like 1000 bucks in the 19 century,during the 70s it was 30k, now in the 21 century it’s 2 million.
It’s all good we will never agree because I’m really on that “Bull” Shit and I think the longer you wait the better Kansas will look.
The house is worth somewhere between $300,000 and $600,000, BHO.
And yes, in 30 years or less it will triple in value. It may actually triple in 10-15 years.
I see all the loones are out today.
wasder, these people don’t understand a word you’re saying.
“For a buyer such as myself reselling in 4 years is not in the cards.”
That’s God’s decision. The wildcard is always in the deck. People tend not to account for this risk. Look at all the beautifully renovated brownstones for sale. I’m sure they were for the long haul as well.
***Bid half off peak comps***