House of the Day: 2101 Albemarle Terrace, Reduced
When 2101 Albemarle Terrace was the House of the Day back in August it was listed at $819,000, a price we questioned given the amount of work that was needed. Needless to say, the beautiful single-family brick house failed to sell at that price and just last week the asking price was reduced to $749,000….
When 2101 Albemarle Terrace was the House of the Day back in August it was listed at $819,000, a price we questioned given the amount of work that was needed. Needless to say, the beautiful single-family brick house failed to sell at that price and just last week the asking price was reduced to $749,000. Based on the fact that the pricing widget in August generated an average reader appraisal of $708,881, this new asking price should be a lay-up. We shall see though.
2101 Albemarle Terrace [Brown Harris Stevens] GMAP P*Shark
House of the Day: 2101 Albemarle Terrace [Brownstoner]
The house is off of E. 21st St, not Ocean.
This is not PLG. FYI.
Great bones. I went to the open house on Sunday. The interior has not been touched in 40 years. Lots of plaster damage. All ceilings were popcorned in the 70s. All woodwork has been heavily painted. Kitchen is a 60’s dark wood disaster, needs to be redone. Two bathrooms both from the 30, need to be redone. Center stair railing, nothing special. Original floors very worn, will need a lot of patchwork, and repair. Original fireplace is gone. I love old houses, but this three floor brick has no interior details worth saving. The basement is a maze of small dark rooms. I did not have a chance to inspect roof or other roof surfaces. One good piece of news is that the windows were done in the last 15 years. Unfortunately this landmarked beauty will need a full gut renovation. Please do right by her and bring your classically trained architect and check book!
The inside is a museum of the previous owner, all covered in plastic. Shampoo and toothpaste untouched for a year in the bathroom. The ceilings and some of the walls have that drippy, upside-down meringue look. The layout is wonderful, however.
Yes, the one on the tour was around the corner. Here, there’s clearly some potential here, but the view is bleak. That stretch of Ocean is extremely sketchy. We live in the general neighborhood and went to look at the house that wound up on the tour last summer and we turned around before we got there. Agree the Terrace is a cute street, but to get there you have to walk through a less than desirable few blocks – the view’s going to seriously hurt the price.
“Wasn’t this house on last spring’s Flatbush house tour?”
It was either this one or its twin, not sure. I don’t remember the one on the tour being in ‘bring your contractor’ condition, though.
There was also one around the corner on the side street, which if I remember right was owned by the realtor on this place.
Anyway, I like the houses. Garage is a huge plus as parking is bad (round the corner from Church Ave).
I like that vintage stereo. I guess it’s he same vintage as the last time they did the bathrooms.
As I stated back in August, it’s the garage, the porch and the terrace above the garage on the backside of this place that are incredible. From what i remember though the view from the porch just ain’t so good.
Love it.