Sunday, February 22, 2015

Open House

We've seen this one before. 337A (center, above) has been hanging around the market for almost a year, with a couple of other brokers handling the sale before Corcoran. Sold in April of 2013 for $570,000, it's been listed for as high as $1,795,000, but the sale price now is only $1,550,000.

Two unit, three story townhouse on a serene tree lined street, this meticulous and completely renovated house allows you to move right in... 
The house features great dimensions, open kitchen/Living Room plans, lots of sunlight, hardwood floors throughout and great closet space. The basement is completely finished with a half bathroom and ready to create to your specifications. Beautiful stucco exterior. EVERYTHING IS NEW. This property is the great example of living in your own house while enjoying rental income. Subways are D/N/R . P.S 10, a charter school is around the corner. Enjoy all the 5th ave restaurants and shopping have to offer. Since this house was built in 1930 there is no C of O. This house is vacant and showings are easy. (Corcoran)

This is a lovely block, with Greenwood views up the street, and harbor views down. The broker-speak for this listing, however, has a few too many imaginative embellishments.

Meticulous?  The reno here looks like a low-budget job, with forlorn looking kitchenettes shoved in the corners of the living rooms.
The house may be described as a two unit building, but it's not a legal two-family right now.  It's true that an application for a change from one to two-family is in the works but it hasn't been approved yet.
The R train is in easy walking distance, but the nearest N & D trains are either at 36th Street (south) or Atlantic (north), via the R.  Not super-convenient
Was this house really built in 1930?  An E.B. Hyde Brooklyn map dated 1903 clearly shows a building on the lot similar in size to this one (minus its recent add-on), though it is not evident on maps made a few years earlier.

The Open House is today.  See what you make of the place yourself.

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