House of the Day: Going Back to Cali
You know we’ve been around awhile when we’ve witnessed the full lifecycle of a house, from a guest post on the construction process to post on the finished product to the house changing hands for the first time. Such is the case with 112 Butler Street. This very modern new-build in Boerum Hill received a…
You know we’ve been around awhile when we’ve witnessed the full lifecycle of a house, from a guest post on the construction process to post on the finished product to the house changing hands for the first time. Such is the case with 112 Butler Street. This very modern new-build in Boerum Hill received a very warm reception from readers when we displayed when we wrote about it last May. After less than a year living in the house, the owner and his family have decided to move back to their home state of California. The house (which is somewhere between 2,500 and 2,800 square feet) is now listed with Corcoran for $2.25 million. There’s no way around the fact that this expensive for the location and the square footage but it’s certainly worth a shot given the house’s unique design. By comparison, the 14 Townhouses, arguably in a better location, are priced at $2.65 million and have about 1,000 square feet more space but no garage. What do you think? Do they have a shot at this price?
112 Butler Street [Corcoran] GMAP P*Shark
Behind the Facade at 112 Butler Street [Brownstoner]
New Build Odyssey [Brownstoner]
Is it that it’s 1/2 a block from the projects? It’s been on the market over a year…It’s beautiful, but is it the neighborhood?
I walk down this block nearly every day. I don’t think the Gowanus Houses feel threatening either but you’re crazy if you don’t stay away from them at night. Talk to the precinct. Seriously, with all the new city people, mostly under 40, in Cobble Hill and Carroll Gardens in the last 5 years, I am really frightened that there is going to be a real tragedy near the Houses sometime soon. Don’t be a bigot but don’t be stupid. The decent people in the Houses stay inside past 9 or so. You shd take a cue.
That playground previous poster mentioned in next block north (on Baltic) not across the street.
And Baltic St. block is a construction zone right now. 3 sights being developed and application for a 4th.
I think this house is beautiful. I doubt I could live in it (even if I could afford it), it seems like I’d have to throw out all my stuff and make sure my kid never actually played with his toys to live up to its modernist ideal… To tell the truth, I’m a little intimidated by houses like these. But it is beautiful.
The privacy walls on either side in the back look a little odd, but I guess you can’t have the neighbors checking you out when the blinds are up.
And it was very smart of the broker to take a picture of the back of it at dusk. An all-glass house looks gorgeous when it’s glowing at night…
To all the “flipper” and “reno” comments: this is a brand new house, I don’t think those terms apply, right? Unless you can “flip” and “reno” an empty lot.
To me, this is a better location than 14 town houses. PS 261 is nearby and there is a great new playground and park across the street with tennis courts and sprinklers in the summer. You are a block from Smith Street, the F train and not too far from other subways too. I live near by and these projects are just not that bad. They are kinda ugly, but I never feel like it’s dangerous or has a menacing vibe walking by.
The 14 Townhouses are a few blocks from everything but I think that will change. For now, they are smack in the middle of a construction site — something new going in direclty behind them and The Smith going up in front. The corner of State and Smith to the west will also be built on. So they could literally be surrounded by pounding construction noise. I wouldn’t pay $2.6 million for a house to live in a construction zone.
“Brownstoner helps to inform”???? To some extent . . . but:
“i predict the price will drop to 1.85m and someone will snatch it up then”
“for 2+ Million, I would would want a relatively safe haven for at least 10 block radius around my home/investment.”
“I’d pay $2M with all furnishings included.”
These are helpful??? This site is filled with 20% useful/informational comments, and 80% comments by haters who are no doubt sitting in their futon-filled windowless one-bedroom apartments, looking longingly at their movie/liquor poster adorned walls.
As soon as someone puts up a house with detail (whether it’s one’s style or not is another debate) that might actually be worth some money, the well-informed academics come out of the woodwork.
Hi Andrew,
Could you please post your email address or email me at araczyn@yahoo.com I have a question about your bond St project (very nice building btw). Thanks in advance
Adam
Andrew,
First of all, this is a blog. That means that it exists for individuals to express their opinions. I don’t believe it is a site intended for marketing of any properties.
It seems to me quite obvious that the folks who complain about the comments on this site have financial interest in continually increasing real estate prices, such as yourself, or the many brokers, agents and sellers who constantly say things like “These are peoples homes and there should be some common courtesy and humanity extended…” or “I applaud constructive
criticism” which is short hand for ” i applaud anything said that will help me sell property that I have developed…”
Face it, while people do live in all of these homes, they are also, for many, their largest and most leveraged financial asset. The notion that you can think in financial terms (ie) return on capital in your business, but we as bloggers shouldn’t seems to me a bit disengenuous. You tell me that you haven’t walked into a property and thought to yourself, or said to your associate, “this is overpriced, or in a bad location, or ….” Well that is exactly what Brownstoner allows us to do as well. if you can’t stomach it then you shouldn’t read it. I am sure you will, however, because it will give you an idea of what people think about this market.
Obviously the seller has the right to maximize his/her return. But you should also agree that the buyer has thr right to be informed before making a purchase. Brownstoner helps to inform, so “hate the game, not the player!”
Andrew,
Remember when people who didn’t like you told you to your face and those that did were allowed to speak?
Welcome to Brooklyn 2000 when the inmates are running the aslyum.
Robert Scarano