I like the price on this house, though I’m sure there’s a good reason. Like, it’s across the street from the parking entrance of a big ugly old-folks’ home. The block has some of those newer “affordable” townhouses but they’re made to look like brownstones, so they’re kinda cool, in a way. Aside from that, the house is solid — new roof and siding, inside looks to be well-maintained and while the kitchen is sort of tacky, it is new. Three-bedroom duplex downstairs and two-bedroom upstairs, big back yard, and close to the train. It’s also 22 feet wide on a 25-foot lot, which in my experience makes houses feel more spacious with the same square footage.
70 Palmetto Street | $489,000
3080sqft | 22ft-wide | 2-family, 3ba | frame
Gates JZ
Joseph October 30th, 2008 at 1:25 pm
With the way things are going, in a few more months you should be able to get a nice brick, bow front house for this price. At under $500K I might be willing to take the plunge.
Joseph October 30th, 2008 at 1:28 pm
Did you notice that the property taxes are only $732 per year. Nice to see that something is still a bargain in NYC. The taxes on a $500K house in Nassau county could easily be $10K.
Dresden October 30th, 2008 at 2:24 pm
My taxes are $1141. I have a two family.
mopar October 30th, 2008 at 5:33 pm
You can already get a brick, bow-front house for $500,000 or less. The inside will be a mess though. But no worse than this. Jeremy, this kitchen is older than you are. It dates from the late 60s or early 70s. Although the black and white tile backsplash appears to be from the early 80s.
will October 30th, 2008 at 11:24 pm
One reason for the semi-reasonable price just may, may be because the housing market is melting down and the economy as a whole is crashing, hard. That may slightly influence the price.