Tuesday, October 28, 2014

Platinum Member Closing Yesterday: 1196 Union Street

When the e-mails pour in asking us for something near Franklin Avenue in Crown Heights for a million, we have to shake our heads.  But for the right buyers with the right tools in the tool belt, who are willing to compromise (as all buyers in this market must) on some combination of price, size, condition, location, and tenancy... there are opportunities that can be uncovered.  As one Platinum Member told us, "Luck is what happens when opportunity meets preparation."  And that's exactly what happened here at 1196 Union Street.  When we got the call about this sweet single-family barrel-front limestone pre-market, just one block from Eastern Parkway, and one block from the 3 & 2/5 trains - we dropped what we were doing and headed over.  As soon as we saw it, we knew the right buyers for it immediately.  Platinum Members quickly had an offer accepted pre-market with an open house showing only for back-up offers.  And a great deal was had by all!  Our quick pics from the first day we saw it don't even do the house justice.

Parquet wood floors totally intact in perfect shape throughout the house.  A totally clean & functioning kitchen on the parlor and 2 baths on the top floor.   Easily & affordably upgrade-able to more modern tastes...

A well-done extension full of skylights and baseboard heating.  And when you're on a 127' lot, you still get plenty of back yard even with a large extension.

A great house in its day and maintained impeccably ever since.  A feel-good deal was had by buyers & seller alike.  If this property listed on Corcoran.com today, half you clowns wouldn't even know what you were looking at until it closed.  Luckily, it closed yesterday and $1.25M sounds so nice for a house that's a poised for perfection as this one.

Pro's:  curb appeal, great block, barely off the beaten path, great details and easy to upgrade, extra-deep yard

Con's:  gone already, higher offers were back-ups, not on everyone's radar

Ideally:  another great look at value for realistic buyers without big brokers on the scene

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