Tuesday, August 20, 2013

Listings: Bushwick Single-Family - 65 Harman Street

New to the Listings section of the blog, it's 65 Harman Street.  This single family house in Bushwick just came out for $599K.  Now we rarely venture to Bushwick, but listing broker Lou Belisario has brought us value in Bushwick before, even if it's vinyl siding.  And we've shown you big players in brownstone Brooklyn heading to Bushwick for value, even if it's vinyl siding.  Besides, one broker told us he puts brick facades on these for $10K, so let's see the rest of the house...

It may not wow you, but we can't argue with 'em when the listing asks, "Why buy a condo for the same price?"  Even a modest renovation could touch this house up nice.  And when's the last time you got a yard in Brooklyn under $600K?

Whether you rent a 2BR floor for some income, or take the whole house on yourself, it looks like an opportunity for the right buyer.

Pro's:  pricepoint, totally turnkey, backyard, condo alternative

Con's:  vinyl siding, not everyone's favorite neighb', not everyone's taste, could use some upgrades

Ideally:  on the top of the shortlist for sub-$600K listings in Brooklyn

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