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When the monstrosity at 220 Greene Avenue (at left) was getting built, we would periodically feel sorry for the poor bloke who owned the lot next to him, whose value was being destroyed with every new block of Jerusalem stone. Now that the lot’s on the market and we’ve taken a look at the property’s history, we feel a little less sorry for the guy. He got the lot from the city, according to Property Shark, for nothing back in 2001. Corcoran’s 2006 Brooklyn Rookie of the Year broker Philip Henn has the listing, which just hit the web at $650,000. If you want a real eye-opener, check out the photo of the property from, we guess, the 1970s. Grand Avenue looks like a wasteland. Update: We just heard that the owner of this lot is the one who sold the next door two years ago.
218 Greene Avenue [Corcoran] GMAP P*Shark

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What's Your Take? Leave a Comment

  1. I lived on Greene and Cambridge in 1986 and believe me, Grand was a wasteland. I used to walk down that street to the laundromat on Lafayette, and it was not a pleasant walk. Anyone who invested money then and stuck it out through bad times in Clinton Hill deserves to turn a profit.

  2. While I’ve reluctantly come to accept the Soviet-era aesthetics of most new construction in Brooklyn, 220 Green St really takes the biscuit. Let me guess who the architect was: the GC’s 2nd grader with a big box of crayons?