Selling Farmhouse to Finance Brownstone
This is admittedly way off topic and we won’t even pretend to have a clue about this market (no second homes for us–we’re all tapped out), but given that the weekend will soon be upon us and this property is tangentially related to Brownstone Brooklyn (the seller needs the proceeds to help finance the purchase…
This is admittedly way off topic and we won’t even pretend to have a clue about this market (no second homes for us–we’re all tapped out), but given that the weekend will soon be upon us and this property is tangentially related to Brownstone Brooklyn (the seller needs the proceeds to help finance the purchase of a Fort Greene brownstone) we decided to go with it. Located 90 miles upstate from Brooklyn, the 1860’s farm house sits on 100 acres of land and has views of the Shawangunk (huh?) mountain range. The 1800-square-foot house has been recently renovated; the property has lots of trails and stone walls too.
Phillipsport Farmhouse [Prudential Rand]
Either way – it’s a bit over priced if you ask me. A friend just purchased a place w/ 22 acres of land 1 or 2 more exists up for $250k. It’s a 10 bedroom 1867 farmhouse. I know it’s 2 more exists, but $650k plus $7.5k a year in taxes is a lot of money for a 3 bedroom.
Ellenville is Ulster County but this property is
Phillipsport just few miles south of Ellenville in Sullivan County. But if school district is Ellenville as listing says- not a plus – so those of you think you can move up and get good public school for your $7000+ yearly taxes – forget about it.
It’s in Ellenville, which is in Sullivan County in the Catskills. It’s actually about 25 miles west of New Paltz, which is in Ulster County. Incredible that prices have reached this level in the Catskills! I wish they’d included some pictures of the interior.
Hmmm. I think I’d rather sell my Brooklyn brownstone and buy a farmhouse with 96 acres of land. My favorite part of the listing is where is says, “Only 90 miles from soho.”
Personally, I think it’s interesting from an architectural/progress/urbanization standpoint. I mean, when you look at pictures of Park Slope from the 1860s, the landscape isn’t much different from the house that’s for sale. And frankly, considering just how dense Park Slope is these days, I think it would be great to stand in the way of progress by owning a huge chunk of land like that.
Nope, no rock climbing for us…
Guess you’re not a rock climber. The Shawangunks or ‘gunks’ probably most popular rock climbing spot in NorthEast. (Ever hear of New Paltz?)
This place must be other (west) side of range.
I guess its the acreage that carries the steep price tag. For all the myopic folks that think
hefty price increase in real property is only NYC or Brownstone Brooklyn based….I see that condo I used to own in New Paltz is now triple what I sold for 5 1/2 years ago.