House of the Day: 428 East 18th Street
Any house under a million bucks these days is going to come with its set of drawbacks. In the case of 428 East 18th Street, the list appears to include some less-than-attractive siding and a lack of privacy in the backyard. If you can get beyond those two things, though, this place might start to…
Any house under a million bucks these days is going to come with its set of drawbacks. In the case of 428 East 18th Street, the list appears to include some less-than-attractive siding and a lack of privacy in the backyard. If you can get beyond those two things, though, this place might start to look good to you. The house is priced at $899,000 but we hear that the highest offer to come in so far is around $820,000, so it sounds like there’s some room to wheel and deal. We’re digging the nice floors and the two-car garage (with plumbing!). How’s this block in general?
428 East 18th Street [Brooklyn Hearth] GMAP P*Shark
428 East 18th Street [Mary Kay Gallagher]
Yeah…buy now before its price goes up over a million….Oh wait…
With renos you’re talking $1.4 million to live next too-big apartment buildings that cancel out any charm of having a backyard garden? Why do it? I understand people love Ditmas and Victorian Flatbush, but there must be a limit, surely. And I’m all for preservation but this house is SO not spectacular or unique. No, it should not be landmarked. Save the fights for things that are worth saving, please.
This kind of HOTD is like when the volunteers in charity thrift stores put anything older than the 80’s on the “vintage” rack and treat the pieces like they belong in the Smithsonian. Not all old houses are precious. This one isn’t even Victorian. Try early 1900’s.
What’s the zoning? Couldn’t it be torn down for a mid-rise condo building?
OR people can realize that there are plenty of places that can be had for 200-400K and not everyone needs to live in a million dollar apartment.
It is a little frightening.
Older folks better already own or have a rent-control apartment. younger folks better have very high starting salaries and/or rich parents and grandparents.
Wow…. this seems crazy! Is the market this insane?
First the working and middle class are priced out of Brooklyn…. now they’re pricing out the upper-middle class???? What the f*ck is going on???
Even at 850 this place is crap.
If I didn’t own already, I’d be looking for a transfer to Philadelphia!
Serge,
I think this house is closer to 3000 sq. ft but I agree with your $110/sq. ft. And it’s true that central air could push you up towards $300,000.
West,
yes, you could be right. for a 4,000 sq. ft. house @60 dollars /sq ft, you could get away with 246,000. But if you wnat to put in nice windows, and two nice kitchens, and a new efficient hvac system, and new electrical, and chimney liners, it’s safer to go with about 110 to 120/sq ft.
Serge
This house is not landmarked. The landmarked homes are from E 16th to Ocean Ave btw Dorchester & Ditmas. I for one think that landmark status is a huge positive when buying in this area given what atrocities some people have created as additions to these historic homes. What’s a little extra time & paperwork when it means you’re protected from idiots with bad taste?