House of the Day: 53 South Oxford Street
This four-family brownstone at 53 South Oxford Street is looking pretty darn expensive to us at $1,975,000 given the kind of renovation it just received. While not completely devoid of detail, the kitchen photo, complete with baseboard heating, doesn’t give us a high degree of confidence. Nor does the fact that the property just traded…
This four-family brownstone at 53 South Oxford Street is looking pretty darn expensive to us at $1,975,000 given the kind of renovation it just received. While not completely devoid of detail, the kitchen photo, complete with baseboard heating, doesn’t give us a high degree of confidence. Nor does the fact that the property just traded at $1,345,000 back in July. A couple layers of poly and some Home Depot cabinets later and the owner’s trying to mark it up 50 percent. We don’t think it’s gonna fly. He also made the strange choice of going with a brokerage firm called Prospective Properties that can’t seem to get its website under control. We’re thinking $1.6 million, $1.7 if he’s really lucky.
53 South Oxford Street [NY Times] GMAP P*Shark
When my friends lived at #53, the back ‘yard’ was the home to a miserable dog the size of a subcompact car that belonged to the mother of the owner of the building. Once my horrified friend watched the beast capture and slowly dismantle a cat that had strayed too near. Potential buyers should beware of hidden piles of ancient dog poop and possible kitty poltergeists.
msanon – actually we’re talking about both arenas and condos – if you want to create your own fictitious construct, that’s fine. And many stadiums/arenas that have been built recently have great hoods around them: Enron Field, Coors Stadium, etc. It used to be that you put a stadium in the cheapest area to buy the land – that’s why much of the areas around the older stadiums are not great. Couple this stadium with a bunch of Gehry condos, and I don’t really see the hood prices dropping (now, whether we need all of those many condos is another question).
Unions Sq, Chelsea and Gramercy are not close to MSG by NYC standards (they might look close on a map but they couln’t be more different in terms of feel, look, businesses there, residences, etc..)
The area around MSG is nasty. But in fairness, thats not just b/c of the arena. Its also right near Penn Station and Herald Sq which attracts TGIFridays and other such establishments that prostitue the area. I imagine Atlantic Yards will have the same kind of commercial quality but its hard to say now.
..Oh and I forgot, the Meat Packing District?
Isn’t Union Square, Chelsea and Gramercy Park close to MSG?
we’re not talking about condos here-this is about the stadium. have you ever seen a desirable neighborhood in the vicinity of a sports arena? i think not.
Development of Yorkville into Condo Hell with 50 babies a square foot didn’t diminish the landmarked areas of Carnegie Hill.
You can’t make a better investment than Ft Greene, now more than ever.
I would, however, be concerned about making any investment in a Sh-hole with no character left. Hard to put that back.
you are 110% wrong 4:46. you’ll see.
the arena wont be close to this house
the house is ugly but the arena wont affect it at all
not that i care but i think all those who think ratnerville is going to depress real estate in the area are 110% stupid idiots.
developement is good for the bk and good for all.