Rental of the Day: 128 Clinton Avenue
Here’s a pretty spectacular three-bedroom rental in a 1839 Clinton Hill “farm house.” The house, at 128 Clinton Avenue, looks well-preserved with unique details throughout; we’re even loving the bathroom. (The house was on the Clinton Hill House Tour a few years ago, we believe.) With a backyard garden and a front porch, that’s about…
Here’s a pretty spectacular three-bedroom rental in a 1839 Clinton Hill “farm house.” The house, at 128 Clinton Avenue, looks well-preserved with unique details throughout; we’re even loving the bathroom. (The house was on the Clinton Hill House Tour a few years ago, we believe.) With a backyard garden and a front porch, that’s about the closest to (high-end) country living in Brooklyn that you’re going to get! It is listed for $5,250 a month. Sound like a fair price to you?
128 Clinton Avenue [Douglas Elliman] GMAP P*Shark
This place was for sale when I was looking. I seem to remember that it has a mural painted on the ceiling — a la baroque babies or something like that, and the seller was a designer of operatic sets and travelled all over the world on different productions. I wonder if he sold it or it is still his. Is that north of Myrtle?
I remember it being pretty far north.
I really prefer the area of Clinton Hill closer to Fulton. I would personally never rent or buy anything within a block of the elevated BQE. In a trench, covered by the Promenade, sure, but over my home? No way, i already have asthma, don’t need the aggravation. It’s really too bad, there are so many wood frames in the wallabout area, but as a residential neighborhood it’s not viable until they bury the BQE.
By Minard Lafever on July 29, 2010 1:45 PM
My guess is that some posters own property with very little going for it except that it is far away from the BQE.
Saucer of milk, Minard?
I used to live that close to the BQE.
You can hear the trucks smell the exhaust.
To some it does not matter.
Just telling my actual experience.
quote:
bought by an opera singer
oh hells noe! they are the WORST neighbors!!!
*rob*
No, Maly @ 1:06. That one is narrow narrow narrow. And a story for each month it’s been sitting. Rentals in NYC are not supposed to move that slow!
***Bid half off peak comps***
this house was sold at or above a high ask from back in the day (think it was ~$2M). bought by an opera singer or something like that.
that frame house next to it detracts from this move-in ready gem
“I’d be afraid renters would ruin it.”
This is what you should be thinking about before buying a brownstone at today’s comps. This is an owner’s unit and it looks like things are not quite working out as planned (“a home is a place to live, not an investment!” – even though ‘investment’ is always in the subconsciousness). Even if I’m wrong, its appearance/condition serves as an excellent example.
5,250 x 2 (w/ two floors above) x 16 (prevailing rent roll factor) = 2 mil. Yeah, that’s probably what they think the whole house is worth. But a further -37.5% decline in prices would allow 10/16 x 5,250 = $3,280/mo, a lot more reasonable for this location, huh?
But, mortgage service has to come from somewhere.
***Bid half off peak comps***
My guess is that some posters own property with very little going for it except that it is far away from the BQE.