Good point, Denton. It worked for me for 5 years, but now, unless I can convince my wife to keep that baby in a while longer...

Posted by: greenwood slope at September 14, 2009 7:37 PM in response to Price in Greenwood Heights

Thanks again.

The renovations were top to bottom.

How many br's does the owner apt have?
one

How many bathrooms?
3. 1 each apt

Can the first 2 floors be used to create an owners duplex easily and keep the top floor as a rental?
Not sure

Is it on 6th avenue?
Yes, btn 19th and 20. coffee shop, Lot 2...

Just keeping tabs on the local market? or are you looking?

Posted by: greenwood slope at September 14, 2009 4:54 PM in response to Price in Greenwood Heights

Thanks Gemini. Both of their leases are up in June.

Posted by: greenwood slope at September 14, 2009 1:19 PM in response to Selling a house with tenants

I meant the selling process and when and how to show the apartments to prospective buyers.

Posted by: greenwood slope at September 14, 2009 1:06 PM in response to Selling a house with tenants

Right, sorry.

3 floor and basement/cellar.
1800sf
getting $2,900 for 2 rentals
owner apt (1st fl) has exclusive yard and could get up to $1600 rented

House is in pretty good shape. boiler/heater 3 yrs old, roof w/in 10 yrs old. Apts 2 and 3 just renovated. hall/stairs just renovated. apt 1 not recently renovated but still move-in

Posted by: greenwood slope at September 14, 2009 12:22 PM in response to Price in Greenwood Heights

Must be a shitty block - seems like a low asking for a house that looks to be in good condition.

Posted by: greenwood slope at August 4, 2009 2:00 PM in response to House of the Day: 638 Saint Marks Avenue

"It's an historic piece"

No, its A historic piece.

I have an hard time seeing why people make this mistake.

Posted by: greenwood slope at June 15, 2009 5:22 PM in response to Quote of the Day

Forget trying to address it by "the usual suspects" - daveinbedstuy and pitbullNYC are just annoying. That's why I don't check the comments as often as I used to.

Posted by: greenwood slope at March 27, 2009 11:16 AM in response to Let's Talk About Commenting

I barely go to the comments anymore because "the usual suspects" normally shanghai the topic every time. There's only a handful of them, but they are on every post. Ban them.

Posted by: greenwood slope at March 27, 2009 10:52 AM in response to Let's Talk About Commenting

afraid to touch the real issue here, BS? I don't blame you. :)

Posted by: greenwood slope at January 15, 2009 10:58 AM in response to Kent Avenue Bike Lane Issue Reaching Boiling Point

I also agree with "long time reader."

I have been asking myself why I even check the comments.

Posted by: greenwood slope at December 15, 2008 11:06 AM in response to A Thought on Comments

Where is this?

Is there a reason some stories don't have a GMAP link?

Posted by: greenwood slope at November 21, 2008 2:12 PM in response to Playa Now Open For Business

I like having the option now of paying for the Battery Tunnel instead of waiting to get on the Brooklyn Bridge for free (from the FDR).

Posted by: greenwood slope at November 10, 2008 11:29 AM in response to East River Bridges May Not Be Free For Long

Great coffee (strong!)

And not exactly a low traffic area either, between Kitchen Bar, Toby's and Safe Haven, its a nice little stretch. Southside seems to be doing well - there's always a crowd when I stop in. Now if we could only get another store/cafe for the space across the street that used to be an Italian deli.

Posted by: greenwood slope at October 17, 2008 2:56 PM in response to Streetlevel: Coffee Shop for the South Slope

Awesome, Marvin Milquetoast.

You should be able to look at a bar and know whether its the kind of place where they specialize in scotches, and whether or not its a good place to order wine (or if the one opened bottle has been there for a week). You probably had no cash on you either, Eli.

Whats the big deal here? Marvin Milquetoast should not have to feel comfortable in Farrels, just as Johnny Steamfitter doesn't wouldn't like it in Commonwealth.

I love Farrels. My grandfather went there. My father went there. You don't have to like it, but you should try to understand the significance to the neighborhood (and NYC as a whole).

(And to use a photo where the from the one day where the patrons are extra-yahooish is a cheap shot)

Posted by: greenwood slope at September 26, 2008 3:08 PM in response to [Virtually] Duking It Out Over Windsor Terrace

Related to Brooklyn how? I'm not sure why I come to this site anymore. And I doubt this will make it past the comment gatekeeper...

Posted by: greenwood slope at June 4, 2008 10:17 AM in response to Wednesday Links

I agree with Brenda.

I love Farrels and the people that hang out there. I think it would officially be the end of old Brooklyn if it goes.

So 5:00, you're taking a group of people and making an assumption about them (that they're racist). Do you find that ironic at all?

Posted by: greenwood slope at May 28, 2008 5:50 PM in response to StreetLevel: Windsor Terrace Getting a Little LES Love

Biff, you're the new annoying guy on the posts.

Posted by: greenwood slope at April 24, 2008 12:53 PM in response to Inside Third & Bond: Week 34

I feel its my duty to be a an aggressive biker on the bridge to give the tourists authentic NYC attitude. Its part of the experience.

Posted by: greenwood slope at April 18, 2008 11:20 AM in response to Closing Bell: The Brooklyn Bridge on Two Wheels

We went to Toby's Saturday night. They did a great job with the interior - tile, woodwork, tin ceiling etc. The truffle oil pizza was delicious but it was 18 bucks, not sure how often I'm gonna want to spend that much on pizza.

Also re that stretch of 6th ave - the store that used to be a salon (fifa i think?) on SW corner of 19th and 6th is going to be a cafe. We nosed our way over when the new tenants were there and they said they would try to open in 3 weeks.

Posted by: greenwood slope at March 19, 2008 5:31 PM in response to Wednesday Food & Drink Round-Up

This is what I hate about Brooklyn

- the buck fush t-shirts, bumper stickers, i-hate-bush-more-than-you-so-i'm-cooler bullshit
- the assumption that if you don't drink the blue kool-aid you are a moral reprobate
- the assumption that Brooklyn is blue

This partisanship is a new kind of racism, and its bullshit, and smoke and mirrors...

Posted by: greenwood slope at January 9, 2008 10:20 AM in response to Brownstoner Democratic Primary Results

Some very helpful mortgage calculators here:

http://www.vertex42.com/ExcelTemplates/

including an ARM calculator. Just punch in the values and you can play around with different scenarios

Posted by: greenwood slope at January 4, 2008 11:50 AM in response to Mortgage question--are variable rates no-nos?

That block stinks. Its narrow with busy 2-way traffic that trucks use to get to and from MacDonald Ave. Its a mish-mash of crappy to less crappy houses.

With so many comparable condos just up in the area, why would you pick a shitty block like this?

(but i don't understand why people would look for a condo and not a house if they're looking in this area anyway)

Posted by: greenwood slope at November 29, 2007 12:52 PM in response to Condo of the Day: Prices Cut at the Fusion

I'm interested in how this process works as well. I wonder if it would be possible to see what becomes of some of the previous foreclosures of the week...

Posted by: greenwood slope at November 14, 2007 4:37 PM in response to Foreclosures of the Week

Its difficult to get a cup of consistent, good quality coffee as Starbucks. I am torn on this. Saying yes to this chain will make it that much easier for others to come through . i like them in Manhattan.

Has Beans is weak. Cafe Sutra used to be good but i believe is under new management and is no longer good.

Posted by: greenwood slope at November 8, 2007 3:07 PM in response to Streetlevel: A Starbucks on Every Corner?

I agree with 9:23. It seems odd to stop at 18th .

Posted by: greenwood slope at November 6, 2007 10:45 AM in response to A BID to Maintain and Improve 5th Avenue

Ok well I just sold my house and I had tenants
It's REALLY important to have a talk with them about the fact you need to sell and that it will be a bit nutty for the next couple of months in terms of showings and open houses. Hopefully they will understand and be on board to help anyway they can. However and it's unlcear from your post when their lease is up, but I found it in my best interest to then be sorta lenient about the end of the lease. I let them out of it 3 months early once I knew I was heading into contract.
It's important to have your tenants on your side so when they are there during showings they won't "trash talk" the bldg or you.
I also made a rule with my broker that they had to call me 24 hours in advance if they wanted to show the house. I would then email my tenants to check with them first if they would be amenable to a showing. Sometimes it worked out and sometimes it didn't. Many times they stayed during showings, but were gracious enough to leave for the open houses. I think we had 4 OH's. I also took off $100 off of their rent for one month as a token for the upheaval.

Posted by: gemini10 at September 14, 2009 1:10 PM in response to Selling a house with tenants

Thanks Gemini. Both of their leases are up in June.

Posted by: greenwood slope at September 14, 2009 1:19 PM in response to Selling a house with tenants

Many people buying investment properties, or properties where they'll be relying
on rental income to help meet their mortgage, are happy to purchase a building where the owner can document that existing tenants are reliable, cooperative,
and market-rate. Don't assume that your tenants automatically detract from your sale. Speak with a broker regarding the pros and cons, and definitely speak with your tenants.

Posted by: vinca at September 14, 2009 1:51 PM in response to Selling a house with tenants

You could probably list it at $900-950K and see what sorta traffic you get. There is a house I went to see on 18th btwn 5th and 6th that is 3 floors and about 1900 sqft and they are asking $700K and I thought THAT was way tooo much money for the shanty shack (am not suggesting your house is like that, but your apt by your own admission doesn't seem to have been recently renovated.) and when you say the top units have been renovated, what exactly does that mean?
Also there is a nicely renovated house on 22nd and 6th avenue I think on the market for 825K however it's a single family, but it's 3 floors....

How many br's does the owner apt have? How many bathrooms? Can the first 2 floors be used to create an owners duplex easily and keep the top floor as a rental?
Is it on 6th avenue or 19th street and is it btwn 5th and 6th or 6th and 7th?
all these details can change the asking price by a few thousand up or down...
imo.

Posted by: gemini10 at September 14, 2009 2:38 PM in response to Price in Greenwood Heights

most buyers like houses and building to be vacant. why don't you wait till their contracts are over and sell.

Posted by: armchairwarrior at September 14, 2009 3:51 PM in response to Selling a house with tenants

Thanks again.

The renovations were top to bottom.

How many br's does the owner apt have?
one

How many bathrooms?
3. 1 each apt

Can the first 2 floors be used to create an owners duplex easily and keep the top floor as a rental?
Not sure

Is it on 6th avenue?
Yes, btn 19th and 20. coffee shop, Lot 2...

Just keeping tabs on the local market? or are you looking?

Posted by: greenwood slope at September 14, 2009 4:54 PM in response to Price in Greenwood Heights

Looks like more of an investment prop than a home. 3 floors, 1800 sft total. So the owner's apt is 600 sft? Not many people are gonna be cool with that. But all it takes is one to disagree :-)

Posted by: denton at September 14, 2009 5:58 PM in response to Price in Greenwood Heights

Good point, Denton. It worked for me for 5 years, but now, unless I can convince my wife to keep that baby in a while longer...

Posted by: greenwood slope at September 14, 2009 7:37 PM in response to Price in Greenwood Heights

Greenwood Slope - nah, I just sold my place so am pretty content not having to move into another house -they are a lot of work :)
Good Luck - I would say price aggressively even if it means asking $50K below what you think your house might be worth.... you will get traffic and hopefully bidders!

Posted by: gemini10 at September 15, 2009 11:06 AM in response to Price in Greenwood Heights

When you say "I got a hold of some comps" do you mean sale prices or ask? Asking prices for nearby houses for sale are helpful for the purpose of marketing but don't count as comps when appraising value. For that, you have to find what comparable houses actually sold for recently.

Posted by: BKLee at September 15, 2009 11:24 AM in response to Price in Greenwood Heights