House of the Day: 380 Degraw Street
Okay, let’s get the paint job out of the way upfront. You gotta wonder why the sellers of this brownstone at 380 Degraw Street didn’t spring for a more neutral coat of paint before putting the house on the market. If it were only one room, we could roll with it, but every room in…
Okay, let’s get the paint job out of the way upfront. You gotta wonder why the sellers of this brownstone at 380 Degraw Street didn’t spring for a more neutral coat of paint before putting the house on the market. If it were only one room, we could roll with it, but every room in sky blue? It’s a little much. With an asking price of $2,645,000, spending $10,000 to repaint a few rooms would have been well worth it, we think. While this is a great house in a great location overall, other aspects of the recent “modern” renovation were only partially successful as well: The shiny blond floors (which, to be fair, could be worse on camera than in person) and the choice of white paint for the exterior of the windows both aren’t working for us. The kitchen reno looks very good, though, and there’s lots of nice original detail still in place, like the crown moldings, door frames and bannister. There’s an open house on Sunday from 1 to 3. It’ll be interesting to see hear how this place shows in person.
380 Degraw Street [Brown Harris Stevens] GMAP P*Shark
This house closed on 8/8/07 for $2,860,000.
361’s two rentals have rent-control tenants. Tough sell.
As for 380, you should have seen the place before the current owners did the work. They did everything, top to bottom and in between.
expat bklynite (aka clueless) – if I remember correctly 361 was a 3 family delivered with tenants & needing reno. Big big diff
I don’t understand this. You people were all over 361 Degraw Street for being overpriced $1.5mm, yet this place on the same block is almost a mill higher and duplex condos actually sell for $1.8 around the corner. You people are so clueless.
I live on this block. As to the comments from 1:12, 2:44 and 5:14. The projects are really a non-issue unless you are a complete racist and dont like black or hispanic people walking on your block. The bigger issue for many residents is the late night noise from drunks leaving the bars on Smith Street. Safety is not an issue at all.
To call this block or neighborhood sketchy is way off the mark. Granted, the retail on Hoyt and Bond leaves a lot to be desired, but thats why there is shopping on Smith Street and Court Street.
There is no parking lot right behind about to be developed as there are no open lots on Sackett Street.
Also, I lived here prior to the reopening of the Gowanus Flushing tunnel and there is no smell this far west of the canal. Another non-issue.
There are many Spanish speaking people in the neighborhood, and a Spanish church on Douglass.
Finally, to 4:21 – You are correct. This is not priced for an investment. This is priced for someone to move in now without much work and enjoy the house. As long as you dont plan to flip for an immdiate profit, it doesnt matter what you pay as long as your horizon is long term.
I’m amazed that this is called a bad neighborhood. I know of at least two “rainmaker” partners at law firms who live on this street (one on this block, one on the next over on the other side of Smith). I also am aware of a federal judge with a home on this block.
Slums, I tell ya.
Our governing assumption is that, while prices may fall in the near term, they will continue to increase over time particularly as the Gowanus area gets developed, and that that will be beneficial for this area of CG. Are we smoking something here (if you consider the 15 year perspective?)
The point about the flushing tunnel is that it will be out of service during repairs. So it is possible the Gowanus will be stinky again for quite a while.
Exactly, I asked the same question above in an earlier post. I completely agree that using Property Shark as a reference doesn’t make sense, especially if there is a realtor floor plan with dimensions already included in the listing.