Open House Picks
Park Slope 638 2nd Street Brown Harris Stevens Sunday 12-1:30 $2,600,000 GMAP P*Shark Carroll Gardens 329 President Street Brooklyn Bridge Realty Sunday 1-3 $2,200,000 (was $3,600,000) GMAP P*Shark Fort Greene 134 South Oxford Street Maggie Hopp Sunday 1-3 $1,350,000 (was $1,450,000) GMAP P*Shark Beverley Square West 239 Westminster Road Mary Kay Gallagher Sunday 1-3 $1,150,000…
Park Slope
638 2nd Street
Brown Harris Stevens
Sunday 12-1:30
$2,600,000
GMAP P*Shark
Carroll Gardens
329 President Street
Brooklyn Bridge Realty
Sunday 1-3
$2,200,000 (was $3,600,000)
GMAP P*Shark
Fort Greene
134 South Oxford Street
Maggie Hopp
Sunday 1-3
$1,350,000 (was $1,450,000)
GMAP P*Shark
Beverley Square West
239 Westminster Road
Mary Kay Gallagher
Sunday 1-3
$1,150,000
GMAP P*Shark
“The listings under $1mil are getting closer to the prime areas now…”
Prime can run but it can’t hide. Half off accross the board.
***Bid half off peak comps***
No way is the Bev. Square place getting over $1 million…but perhaps MKG knows something I don’t. Perhaps it’s a strategy to get 900k.
The listings under $1mil are getting closer to the prime areas now…
I have to admit, although the South Oxford House is very cute inside, it might need to come down a little considering “what’s going on out there”…
The couple who owns this house put in the tub on the ground floor in part, I believe, to avoid lousing up the upstairs floor plans by putting in bathrooms that would be too big. They put in showers, which frankly is all anyone needs most of the time, and thus, the bathrooms are petite. I’ve seen some odd, large upstairs bathrooms in houses like this one. The large bathrooms end up eating into the back bedroom too much.
I hope they can sell their house soon…actually, I wish they could just keep their house and live between both places. They did a nice job on a lot of the renovations and the backyard is sweet.
Go see the house. It is cute and gracious…and VERY convenient and might make a perfect house for a family. It’s move-inable. And you’d end up paying a lot more for a move-in ready wider house in Fort Greene.
Also, it is currently outside the Landmark District so I think, if you want to do work, it is a lot easier getting a permit since you can avoid the whole Landmarks process (we’re IN the district…it has its headaches).
Go see it and offer what you think reasonable/what you can afford and go from there. The brokers/agents who have the listing are two wonderful gals. (Disclaimer: I’m not one of them! But I do know them.)
Happy open house weekend everyone! The interest rates are so low I’m asking why we don’t refinance.
$1.15mm + reno, even gut reno … shouldn’t bring you anywhere near $2.2mm.
I can’t see any way that the rent on the lower duplex would be enough to cover half the mortgage, either. Assuming 20% down and 7% interest, you’re looking at $6440/month plus property taxes and whatever the mansion tax is. I doubt you could get more than $2500/month for a duplex where one level is a windowless basement that can’t be used for a bedroom, and even that price is probably optimistic.
Of course, I know, at prices this high, usually you’re not dealing with a standard mortgage and you’re more likely dealing with someone who’s going to put tons of cash down, or pay entirely in cash. Still, I can’t see why anyone would pay $2.2mm for this when the same price can buy them any number of nice brownstones in the area with more logical rental schemes.
The CG house was purchased for $1.15 million about three years ago. It underwent a 2-year gut renovation. It was put on the market initially at over $3 million about a year ago and had several price cuts before it reached the present $2.2 million (more cuts than the two listed on the realtor’s website). Open houses have been held nearly every Sunday for months, but not one offer has been made so far. The double duplex refers to the ground floor and finished basement (which, of course, as has been stated already, can’t be used for bedrooms). The upper duplex is the parlor floor and floor above. It’s certainly an awkward living space for the lower duplex to say the least. There is no additional floor setback on the roof (I can see the roof from my window). From what I’ve heard, the renovation was, frankly, cheesy and not sufficiently high-end to warrant even the present $2.2 million price tag. The present owner never occupied the house: he purchased it, renovated it, and flipped it. It will be interesting to see how much of a bath he takes on this venture.
I saw the FG house about a year ago (when they were trying to get $1.8)… it’s really cute in a kind of dollhouse way, but there are some weird things too. Like a full bath on the ground floor with a huge tub, but no bedroom down there, only the kitchen. Handy if you want to hop in the bath while your pasta boils, I suppose.
Plus the public row housing along that stretch of S. Oxford makes it not nearly as nice a block as many in FG.
I think the CG house has a long way to go (down, pricewise) to sell in this market.
The 2nd Street has a provenance. The seller is a Brooklyn born and educated writer, Gloria Naylor.
Ah that explains it, thanks.
Still getting used to the difference between real-estate-photo-world and reality, and only glanced at the floorplan which came out really small on my computer.