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Thursday, October 2, 2014
As Seen on HomeCanvasr First: 99 Kane Street
Just like dozens of other Brooklyn properties, this great house at 99 Kane Street was on HomeCanvasr.com first before it was listed on the open market and before it appeared anywhere else. Sometimes properties sell for their price quietly in the dark, and sometimes they have to hit the open market to get top dollar. A recent listing in Prospect Heights had over 50 buyer groups at the first open house, but only received 5 offers. When less than one out of ten people you show a house to even put in a bid, no wonder sellers don't wanna bother with one-off showings to a select handful of nobody's. Big brokers tell them, "Let's stick all the nobody's in one room and find out who's really a somebody!" And, often times, they're not wrong. We showed 99 Kane Street to a few buyers who swore they had to be near BoCoCa's beloved PS 29, which is literally 2 blocks around the corner. One of the buyers said it was "too much house", which is something you don't hear everyday. This "Columbia St. Waterfront District" house is being filed under BoCoCa for our purposes, 'cause it really acts a Cobble Hill alternative just a few streets away. Even though it's across the BQE overpass, there's almost no BQE noise on the block. The house is indeed huge. It's 5-stories, with the top floor setback so you can't see if from the street level.
It's got an open house this weekend for you to see for yourselves, but we were impressed since the minute we walked in. 22' wide? You don't see that everyday. 5-stories, also rare. Sliding glass door out to a finished roof deck with harbor views?? Oh yeah!!
Or, instead of our iPhone, let the realtor's overexposed photo do the talking...
Why sit on the dock of the bay when you can watch the ships roll in from the comforts of your own private balcony?? This house is totally renovated with new floors, new kitchen and baths, exposed brick, decorative mantle, new zoned central AC and killer heating system which is itself a work of art...
Huge loft ceilings on the top floor with skylights. A great garden rental, with shared access to the nice yard...
The asking price of $3.2M is downright competitive in this neighborhood. We got inside another off-market piece a few blocks away with offers over $7M on it. This house is much more than half of what that house is. Many will hate on its relatively "generic" interior...
...but someone else will buy it, send their kids to the dopest school, get tons of money from a rental, play baby-West Village on Court and Smith Streets, baby-UES on Henry and Montague, frequent delicious & nearby Pok Pok at the end of the block, and laugh all the way to the bank.
Pro's: huge & unique finished 2-Family at a reasonable price for the neighborhood, great garden rental, owner's quad-plex, totally complete renovation with all the technical bells & whistles, central AC, sick harbor views, 22' wide
Con's: renovation doesn't feature the flowery style that makes folks melt, $3M is a lot of money - don't get us wrong, not as secret as it was before, across the highway overpass from true BoCoCa
Ideally: this property is a winner and it doesn't always take a huge broker to let 'em know that. Another demonstration of the HomeCanvasr concept in action!
in contract...
ReplyDeleteClosed for $2.8M
ReplyDelete