House of the Day: 242 Washington Avenue
We had already started to write up 242 Washington Avenue as a House of the Day when it hit us: We’ve been inside that house. We were guests at a lovely al fresco dinner party last summer. In fact, Mrs. B had just been talking about how the owner’s duplex would make a good interiors…
We had already started to write up 242 Washington Avenue as a House of the Day when it hit us: We’ve been inside that house. We were guests at a lovely al fresco dinner party last summer. In fact, Mrs. B had just been talking about how the owner’s duplex would make a good interiors post. Given the conflict of interest, we’ll steer clear of opining about the $2,300,000 asking price, and just say that the owner’s duplex of this five-story, 5,500-square-foot house is really nicely done in a simple but elegant manner. We’ve never seen the upper three rental units, but judging from the photos they’re not as nice. They do, as the listing points out, generate over $50,000 a year in income. This’ll be an interesting one to watch.
242 Washington Avenue [Corcoran] GMAP P*Shark
Hey,
all you who love posting negative comments about this and other ‘overpriced’ houses in Clinton Hill- I bet you’re all loser renters who never owned anything in your lives. Get some money together, buy something and stop whining.
242 Washington is gone from Corcoran’s website. What happened?
wow — all of you just completely off the topic – which is this way overpriced 242 Washington… worth at most 1.6 if not less with everyday passing by. not to mention that even if you scrub 1.6 and move in, next thing to face would be hard commute on the “greatest” NY subway lines C and G…
good luck!
and by the way – brokers don’t read and write on this blog. get a life…
What are you talking about^ and really who cares what anyones profession is> THe truth will speak for itself. Your all jealous and homeless!
12:43- that is the first post that I can say is verifiably written by a broker (well maybe not verifiably, but seems pretty obvious) – thanks for confirming my 11:36 theory.
I don’t believe Brownstoner has ever tried to assert power, as you put it 12:43.
I think he enjoys writing on his blog and happens to make a living off of it.
It’s you that is trying to asset power by acting like you are smarter than everyone else.
Which is clearly not the case.
So sad.
Ok while 11:55AM taskes his meds I would like to charm in. Being bashed on “Brownstoner” does not make people who have the means to actually buy these homes ashamed of buying the property.
Really it is a well known tactic to overprice and then let brownstoner do his thing. It just goes to show that the last laughs are on you morons.
Everyone who really knows the market knows that brownstoner has 0 credibility. Zilcho, and that it is going down with the market which is why Mr. B chooses to feature things that will get all you morons onboard.
Matrkets were not created here and certainly not end here. The Power of Brownstoner as one said earlier….NOT!
Really? That’s you in the 1998 E-Class? You’re too funny, little broker. Hope you squirreled away something for winter. I’ll take the undercarriage wax, thanks.
Oh –and this “junior associate” has a friendly piece of advice to all you little odd-lot traders, whose money is 99% tied up in a white elephant in a marginal neighborhood: grab your fucking nuts with both hands, here comes the big one! And ps: good luck passing that crumbling POS on to your kids, once the inheritance tax becomes confiscatory under HRC.
11:36, very likely, but very questionable strategy b/c these overpriced houses get TRASHED on brownstoner & then it would just be humiliating to buy the place at almost any price.
I mean, I used to think that 40 2nd Place was a nice house (though I would NEVER consider it at the insane price, but setting that aside). Now I have been convinced that it is far too narrow a house for me to ever consider, at any price. I would not want to set up my property for such insult & degradation.
Re: mortgage fraud. That is interesting…definitely need to learn more about the money laundering & mortgage fraud aspects of this. Someone needs to call the DA to check it out. I think it would be great for Corcoran to be investigated.
I just think it is so funny that if you buy $5 worth of stock in a public company, you are protected by a massive infrastructure of securities laws to protect you from fraud & all kinds of shenanigans & price manipulations. But then we have real estate – most people’s single biggest financial investment/commitment, and it is virtually unregulated & the most opaque marketplace imaginable. (I know there are some protective laws – so don’t jump on me – but COMPARATIVELY I mean.) The internet has helped immensely in making the market more transparent – and for that matter so have blogs like brownstoner — but shouldn’t there be something more? Look what has happened to this country – this bubble (and its burst) is all about people being wildly misled.