Open House Picks
Fort Greene 341 Adelphi Street Arena Real Estate Sunday, 12-2 $2,000,000 GMAP P*Shark Carroll Gardens 43 4th Place Corcoran Sunday, 12-2 $1,495,000 GMAP P*Shark Prospect Heights 482 Sterling Place Corcoran Sunday, 12-2 $1,500,000 GMAP P*Shark Bed-Stuy 26 Monroe Street New York Times Listing Saturday, 1-4 and Sunday, 1-4 $450,000 GMAP P*Shark
Fort Greene
341 Adelphi Street
Arena Real Estate
Sunday, 12-2
$2,000,000
GMAP P*Shark
Carroll Gardens
43 4th Place
Corcoran
Sunday, 12-2
$1,495,000
GMAP P*Shark
Prospect Heights
482 Sterling Place
Corcoran
Sunday, 12-2
$1,500,000
GMAP P*Shark
Bed-Stuy
26 Monroe Street
New York Times Listing
Saturday, 1-4 and Sunday, 1-4
$450,000
GMAP P*Shark
A while back everyone would rag on the high prices in Carroll Gardens. Have to do the same here. So okay, $1.5 million for a blah apartment building (it’s not a house anymore, sorry) with no details remaining to speak of with only the F train as an option. I do love the deep lot but I’d get one of those huge grand Prospect Heights brownstones with the super deep backyards instead, for that same money. And with more trains, more amenities. Don’t get it.
Adelphi street renovation looks like a Crate & Barrel store.
All pretty uninteresting, except Monroe St., which will probably end up as dull as the others when the buyer is done with renovations.
Not if it really is a nice renovation – the block and location are great! $1.875M gets it.
Adelphi Street seems a bit of a stretch.
“I like the loft building. If it cost half as much…”
Stick around.
***Bid half off peak comps***
Unfortunately, this isn’t a loveable block. Between the unimpressive (I think) new condos at one end to the other run-down structures and big vacant lot in the middle, anyone would have to overlook a lot to fall in love with this one – and there are similar buildings elsewhere on less-mangled blocks. I’d really like to see it go for a decent price – like maybe half what they’re asking. Then it has a much better chance of survival. Not likely, however, considering what the current owner paid for it.
I like the loft building. If it cost half as much, it could be made into a very cool living/work space, with a garage to boot, and actually be worth a million five. The facade could be worked on, and this would be the talk of the block. But that’s just me, I enjoy imagining what a building could become. I know full well it would take quite a bit of money to do right, thereby making a sale at this price quite unlikely, unless someone who absolutely loved it, and didn’t care what it costs, goes for it.
The two other condo buildings on this block haven’t done as poorly as Hello Living (I think 475 Sterling is just about sold out), and this building is an eyesore from 475’s front windows (as are other similarly run-down structures on the block). Zoning here is R6, and changing a tax class isn’t that difficult. I would much prefer to see it purchased by someone who would restore it, but that’s not going to happen at this price. What’s really amazing is that the current owner paid over $1.3 million for it in 2006 – maybe he intended to tear it down and got too frustrated w. the paper work and/or ran out of financing?