Saturday, March 26, 2011

Vinyl Siding Reno & Price Drop & Open House: 209A 14th Street

South Slope is getting a barrage of 2-Family's just in time for the spring selling season. We all know "spring" is a relative term in New York. At 38 degrees in the sunshine, mother nature didn't get the memo that it's spring, but at least the agents & the sellers have. 209A 14th Street is a 16' wide, vinyl siding 2-Family now listed for $1.165M. Originally listed on 1/31/10 for $1.395M, it's now re-listed and having an open house tomorrow from 2:30-4pm. Despite a few flashy interior pictures, the original price was way-steep, almost reminiscent of 128 2nd Street a vestige of the crisis from 2008:

This catches our attention because of the interior, location, and price. However, the vinyl siding and small size give us pause. Might still be another condo alternative candidate, but with brick and brownstones out there for this price, somebody would really have to fall in love with those black floors or something to make a move over here, unless the price keeps falling.

Pro's: interior renovation, not out of the Slope, backyard, back deck

Con's: vinyl siding, 16' x 30', only 3BR's

Ideally: does $999K even do the trick?

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