House of the Day: 407 Vanderbilt Avenue
While everyone else has been at the beach, Mr. Minsky was teeing up his latest townhouse listing, a three-story converted carriage house at 407 Vanderbilt Avenue on the Clinton Hill-Fort Greene border. It looks to us like the interior was completely gutted and renovated from scratch. We’re not particularly partial to nouveau traditional stylings (it…
While everyone else has been at the beach, Mr. Minsky was teeing up his latest townhouse listing, a three-story converted carriage house at 407 Vanderbilt Avenue on the Clinton Hill-Fort Greene border. It looks to us like the interior was completely gutted and renovated from scratch. We’re not particularly partial to nouveau traditional stylings (it feels kinda suburban to us) but the quality is probably decent and this is quite a large place (PropertyShark puts the square footage at 6,500). Nonetheless, the asking price of $3,500,000 seems aggressive. After all, it took the Pfizer mansion at 280 Washington Avenue a couple years to sell and it ultimately fetched only about $3,200,000. And that was back when you could get a decent jumbo mortgage.
407 Vanderbilt Avenue [Corcoran] GMAP P*Shark
Still on the market nearly 3 months later. Has the Minsky magic faded?
LOL, Minsky at his BS prices again. Will he enlighten us with his 20 years of RE experience again? How about telling us how great his father is? Or is he going to say “when people don’t buy, I buy”…. We can write a book about his ridiculous ego and how he made a complete fool out of himself at our closing. LOL@Minsky.
If we had to say who we were we could not be nearly as nasty and all our competitors would know we are making fun of their properties.
I don’t like this house b/c I can’t afford it.
What is the reluctance of people to create “non-guest” ids on this site?!
Although this is the very top of the market in terms of price. It also represents the largest (by a long shot) done home we have seen in this area. I am a broker, but don’t work for the big C or have any particular good reason to bail Jerry out here. But I just think it would be nice to know what the houses on Carlton recently had their deals for. They are much smaller and much less done than this one. So on a price per square foot basis this one seems reasonable. Where this particular buyer is going to come from who knows? The AY dialogue on here is just a snooze. I hate AY more than the lot of you all combined. But it’s not a relevant concern at this point in terms of housing prices. But it is so worth debating on all other points.
The concerns that I would have (as a neighbour that lives around the corner) is the amount of graffiti that happens on Vanderbilt between Greene and Gates. Just take a walk (or ride) down it and you will see that it is covered with tagging. And $3.5 is way too much for a new construction of a carriage house.
Johnny, I oppose AY, too, and I agree that most politicians are stupid whores, but I just don’t think AY is going to ruin that much of Brownstone Brooklyn.
One thing I would be curious about is getting some metrics about how the AY area was, population/usage-wise in, say 1930 or 1940. But anyway..
A stadium the size of Madison Square Garden, more housing units than Battery Park City and several million square feet of retail space, all built in what’s already one of the most congensted parks of the city, and built with my tax dollars to the betterment of a single developer.
Supporting a development of this size in that location is one thing, having our tax dollars pay for roughly 50% of it is entirely another. I oppose Atlantic Yards vehemently. I’d welcome appropriate development with open arm and with an appropriate amount of tax dollars. Unfortunately thanks to a lot of ignorance and political corruption that won’t happen.