Wednesday, January 7, 2015 Lead Hits the Open Market: 45 Sterling Street

Available on since August 2014, this great little limestone in Lefferts just hit the open market with an open house this weekend.  With an asking price of $1.499M and a bunch of renovations the owner touted to us this morning, the expectation is that 45 Sterling Street will go over asking price.  Which has been happening a lot in Lefferts at this price range.  But the market will tell the story, not us.  The listing only has one interior pic so far...

But when we first saw the house this summer, we were surprised at its condition even then, and original details...

The listing says more of the post-reno photos are coming soon.  This is a great little 1 or 2-Family on a nice block, at the very opening corner of Lefferts.

The backyard is walled-in a bit, but we actually like it.  With 4-story fixer-uppers in Bed-Stuy and Crown Heights commanding this price and higher, it's nice to see a quaint little house like this with nice upgrades at a price that's beats condos in BoCoCa, and even some condos in Bed-Stuy.  When the fixer-uppers in Lefferts this size command over $1.3M, a finished product with all the work already done for $1.5M-$1.6M ain't too shabby.

Pro's:  curb appeal, original details, block, "smart home" upgrades, price in line with market

Con's:  not all the pics are in yet, competition will be more fierce now that it's not a secret anymore, back yard isn't for everyone, sticker shock if you've been living under a rock for the past 1-2 years

Ideally:  a condo alternative with all the work already done for ya

1 comment:

  1. Wowza. The place is a beauty. Maybe it can find a place as competition for Alicia Boyd's AirBnB home/hotel.