Grand Ave Brownstone Conversion Hits Market
When we bought our house more than two years ago, this brownstone on the corner of Gates and Grand was barricaded up, looking like someone was about to being work. Only it wasn’t until a year or more had passed that the crew showed up. As the reno progressed, we were a little skeptical the…
When we bought our house more than two years ago, this brownstone on the corner of Gates and Grand was barricaded up, looking like someone was about to being work. Only it wasn’t until a year or more had passed that the crew showed up. As the reno progressed, we were a little skeptical the windows, but apparently those fears were unfounded. We had heard rumors a few months ago that the building was going to be divided into condos, but it wasn’t until yesterday, when we saw a sign on the side of the building, that its fate was confirmed. We have not been inside, nor have we seen pictures yet, but one broker we know told us that it was extremely well done. The house is five stories, so evidently they’ve been able to create a five-bedroom unit that they have on the market for $1,585,000 and still have room for another decent-sized apartment. The only bummer about them achieving anything close to this price is that it will make it awfully hard for us, as one of the only other five-story houses on the block, to resist the temptation of doing the same. Hopefully Jerry will have some pix up soon!
Grand Avenue Condo [Corcoran] GMAP
lol, 5:35pm who said rich folk buy their drugs in another neighborhood, talk about NIMBY huh?
Not sure who’s got better access to the good smokes the minsk-man or b’stoner? These prices aren’t realistic. Wanna bet how quick they lower them?
Wheres a good place to learn more about condo conversion for Brooklyn brownstones? Mr. B, mebbe you could post something about it?
People the “just sold in Brooklyn” generally have very little to say about the current market. Most of the listing that are currenly closing are listings from the high point in the spring very early summer – They are at least 3 months behind and sometimes longer. In fact, Mr. B, why do you put them up. At best they contain imcomplete information and at worse they are misleading.
It’s not just a square footage issue. It’s about control of your living quarters for the price you pay. Unless you purchase the other unit, you’ll always be sharing that parlor or ground floor entrance.
But given the “Just Sold in Brooklyn” data these last few months, somebody’ll probably snap it up.
Yeah, but they get their drugs delivered from another neighborhood
Someone said it but I agree, that price is not bad at all for that square footage, for that many bedrooms and bathrooms, and renovated. I don’t get what’s so outrageous about that. As for the drug dealers, boring argument, they’re in every neighborhood. The biggest drug users I’ve ever known were rich white people.
There’s always East New York…
Servants? This is a bad word? I remember touring a plantation in Louisiana where the guide told us the servants quarters was over there. I inquired if the owners of said plantation were particularly enlightened…
I just don’t know what to say about these prices. I myself wouldn’t want to have part of a house for that price; I want the whole thing. (Or I guess in another life I want a fancy apartment in a full service buildign). I really hate that these prices are preventing people like me from buying homes and fixing them up. This whole developer driven high end home thing is a horse of a very different color than people doing for themselves.