Another fixer-upper hits the market that Platinum Members got an early look at. 69 Greene Avenue is a 4-story 21'-wide house that's asking $1.99M now. With no interior pics on the listing, we took a few shots of the inside. High ceilings on the parlor, tin ceiling's mint...
We were pleasantly surprised by an interior in much better condition than we'd expected. Even when it still had carpet on the floor. Now it's being primed for upgrades that we're sure the right end-user will make. With all the price action in the $3M range we've been seeing over & over, the listing doesn't even sound far-fetched when they say, "If you've ever balked at paying $3 + million for someone elses renovation, this is a rare chance to do custom renovation in a PRIME location." The sprinkler's not the best look as-is, but can be hidden, and is actually a plus that the system's in place. Cousin John says the DOB's been calling for sprinkler systems even on 2-Fam's these days. Some houses like 69 Greene Avenue and 138 Prospect Place come equipped already.
Also like 138 Prospect Place, the short backyard is workable...
Some original mantles intact...
Work to be done, but it ain't too far away...
Even the landmarkin's kept the new project going up next door in line with the look of the neighborhood...
In a climate where Corcoran's supposedly getting more than this across the street for a building with tenants, 69 Greene Avenue is worth a look for those who can afford it.
Pro's: slightly extra-wide, blank canvas, price in line with the neighborhood, totally vacant & ready
Con's: short backyard, not a long residential side street, work to be done
Ideally: presumably mortgageable now, certainly looks like live meat to an end-user in this market
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