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We don’t usually like houses that look too newly renovated, but this listing at 476 Degraw Street strikes us as being quite attractively done. While the three-story, two-family brick house is certainly very cute, it’s not very big (though the listing touts lots of excess FAR that a new owner could play with). It’s also in a location that some house-hunters might see as suboptimal–a block from the Gowanus Canal and a block from the Gowanus Houses. Think it’s worth $1,595,000?
476 Degraw Street [Corcoran] GMAP P*Shark


What's Your Take? Leave a Comment

  1. That area is funky in a good way, but the commercial space next to the house used to be a truck repair shop. Not a great neighbor.

  2. Not nuts about the kitchen choices, but so what? I could live with it for a while. I love this little house. Now if only I could afford it. 🙁

  3. actually thought this baby was in contract shortly after it came out cause remotely recall the listing disppeared off corcoran site and only re-appeared just now

  4. Taste-specific renovations like this severely limit the pool of potential buyers. I’d say it would go for around $1.4mm if it was in PS 29 or 58.

  5. I was suggesting a real comp…just the notion that proximity to gowanus houses and canal was not worthy of certain prices when someone just paid close to $2m for something closer to projects. Just trying refute notion that gowanus was a signicant issue or factor.

  6. Yes, this was here recently.

    Pluses: Excellent floorplan

    Nice kitchen
    Nice bathrooom (spring for the framelsss shower enclosure)

    Negatives: Engineered flooring

  7. DS – it’s four blocks south of the BH/CG border.

    Of greater impact is its two blocks east of PS 29 – being zoned for PS 32 isn’t going to be a selling point.

    This area has a history of slow moving houses (or I guess overpriced starting point would be more accurate). 345 Hoyt has gone through numerous price chops over the last 18 months; ditto for 128 2nd Street (705 days on the market and still chopping). The former is much larger than the HotD, the latter is…ahem…let’s just say there is no accounting for taste.

    Anyway, this one is in between them price wise, and I think its a nice little house. I wish them well.

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