House of the Day: 1230 Dean Street
As careful a renovation as the owner of 1230 Dean Street did, this place had no business being listed at $1,650,000. Which is why, after six weeks, the asking price has been reduced to $1,499,000. Unfortunately, we suspect that the three-car garage and landscaped garden won’t be enough to get the deal done at this…
As careful a renovation as the owner of 1230 Dean Street did, this place had no business being listed at $1,650,000. Which is why, after six weeks, the asking price has been reduced to $1,499,000. Unfortunately, we suspect that the three-car garage and landscaped garden won’t be enough to get the deal done at this price. But don’t feel too bad for the sellers—after all, they bought the place for $427,450 back in 2004.
1230 Dean Street [Corcoran] GMAP P*Shark
That was confusing, Reservoir Hill is a little worse than ENY and Bolton Hill is their PS.
Reservoir Hill makes Crown Heights look like Prospect Heights and Bolton Hill is like FG without the stores.
Reservoir Hill has slipped back quite a bit. I think prices are more in the 250K area these days.
Not doing well at all.
I think crime in both Bolton Hill and Reservoir Hill are probably at or above levels in Crown Heights.
600K people live in all of Baltimore City. And they have about 300 murders a year.
We’ve got 2.4 million in Brooklyn alone. I’m guessing of the 500 or so murders a year we have in all of NYC, Brooklyn makes up about a third?
In any case, Baltimore has nothin on Brooklyn.
And I love Baltimore.
Good question, 12:56.
1:08 – Are Bolton Hill and Reservoir Hill comparable to Crown Heights with respect to income/crime?
I think if it sold for $427,450 in 2004, that’s about what it is worth plus the cost of renovation.
Posted by: guest at December 5, 2007 8:25 PM
Baltimore City has Brownstones for more than that, arears like Bolton Hill the prices are above 700k and in Reservoir Hill they are 400k. Brooklyn should be more expensive than Baltimore, and Crown Heights has the Botanical Gardens and borders Propect Pk on the southwest. I have a brownstone to sell in Baltimore that I wish I knew how to add pictures to this comment so I could share.
These beautiful blocks in CH must be hidden because whenever I drive along Atlantic it looks bleak, bleak, bleak.
And when heading along Atlantic with my back to Flatbush Ave I look out the right side but never catch site of anything close to nice. Best that can be said is that it looks marginally better than what I see when I look left.
I know, I know, I have to take right turn and check out all the pockets of goodness that are hidden in there.
Posted by: guest at December 5, 2007 6:23 PM
How much of Park Slope Brownstones do you see from 4th ave or Flatbush?
I would guess that Montrose and other Crown Heights residents didn’t buy their homes for 1.5 million.
Here’s the problem: Crown Heights very much may be a great place to live. If the house is nice and affordable, people like myself don’t really care if the neighborhood isn’t especially fancy, and has some pockets of unattractiveness.
But, I’m not somebody who has the cash to plunk down 1.5 million for a house, and neither are my friends, working professionals with families in NYC. Maybe, at a stretch, we could afford $600,000 for a single family, and a bit more with rental income. Believe it or not, that’s alot of money for most people not making more than two hundred thousand a year, or who who don’t have some other property in Manhattan they can sell at a huge profit.
People buying 1.5 million single family homes are out of my league, and they often DO care about those other amenities that us less rich folk don’t. That’s why, all the talk about Atlantic ave not being so bad, etc., is much less relevant when you are talking about the high end market. And yes, you can say this is cheap compared to Manhattan all you want, but that doesn’t make it affordable for anyone but the richest of New Yorkers. Does that segment of the market care about the surrounding neighborhood? My guess is yes, which makes this property overpriced.
Monstrose Morris, you always say that you are not going to “take the bait” (i.e. at 3:05), but you always wind up doing it anyway (i.e. at 4:05).
Nostalgic, my friend, interesting and touching, as always. I would have loved to have seen the school. Its replacement is a very nondescript senior high rise residence. A needed facility, so I’m glad they didn’t tear down the school for a parking lot. The churches are still here, two of the most magnificent churches in the city, especially the Union United Methodist Church. The other is now the Hebron French Speaking 7th Day Adventist Church.
Kids still play on the stoops on Dean Street. Hopefully they will for a long time to come.