-1164days left to input your price
Potential* opportunity for a 3 bedroom at 28 2nd Place, Brooklyn
*This is not a listing or an offering. This is an example of a potential opportunity.
Posted on: 11/19/09
Step 1 – the survey
Evaluate, assign and discuss what you think is a fair value for this home; you tell us what you like and you would pay.
the facts
Carroll Gardens | 3 bedroom, 2 bath | 1315 sq ft | 4 Floors, walk-up | 3 total units | School District: 15
the vision
This property sits in historic, highly-desirable and extremely family-oriented Carroll Gardens, which also boasts its own wing of Smith Street’s restaurant row. A local broker brought the building to our attention about a year ago, and the buyer seems more and more motivated to sell. It’s an extra-wide brownstone that will easily lend itself to generously-sized three-bedroom units. Each would have access to private outdoor space, along with a shared, deep front garden, and the house sits on one of the neighborhood’s most beautiful tree-lined streets. What’s more, the area has recently been rezoned to protect the low-rise character of the area; you won’t find yourself suddenly living next to a high-rise.
the skinny
This opportunity is no longer available
UPDATE on 28 2nd Place
The Walk-Through
the pics
the links
Carroll Park
Brooklyn Bridge Park
Brooklyn Greenway Initiative
Carroll Gardens Brooklyn Neighborhood Association
your price
What would YOU pay for a 1315 sq ft 3 bedroom, in this location. Assume your price includes custom finishes, including bathroom and kitchen, chosen by you.
average 3 bedroom price
| Total ($) | $ per sq ft | ||
|---|---|---|---|
| $ |
808,864 |
615 |
|
our cost to rehabilitate | |||
| 2,094,400 | 350 | Hard Costs | |
| 359,040 | 60 | Soft Costs | |
| 365,024 | 61 | Management Fee | |
| 2,818,464 | 471 | Total rehab costs | |
our project acquisition price
Your custom 3 bedroom can become a reality if the entire property can be acquired for the price below. Check back on March 17, 2010 and/or follow me on Twitter to see the final numbers.
| Total ($) | $ per sq ft | |
|---|---|---|
| $ |
126,169 |
21 |
Step 2 – your home
If you like the idea of being able to customize your new home, then contact Betsy Hoffman at 917-622-3879 or betsy@myhomebrooklyn.com for more details. Using your pricing guidance, we will pursue the redevelopment of the entire project, delivering a product that meets or exceeds the home price you desire. We will contact you immediately if this potential opportunity becomes a reality.
We offer full transparency from property acquisition through unit closing. Let us know if you are interested in learning more about this potential opportunity.
stay informed
click here to be updated on the project’s status.
