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Potential* Opportunity to own a single family at 14 College Place

-608days left to input your price Potential* opportunity for a single family at 14 College Place, Brooklyn

*This is not a listing or an offering. This is an example of a potential opportunity.
Posted on: 3/11/10

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

Brooklyn Heights | 3 bedroom, 4.5 bath | 4231 sq ft | 3 Floors | single family, with garage | School District: 13

the vision

Scarcity: one of the factors that makes this opportunity compelling. There are very few carriage houses in Brooklyn Heights and when one becomes available, if priced appropriately, it generates lots of interest. We think this old garage space, formerly of the College Place parking garage assembly, can be recreated as two spacious and beautiful three-bedroom homes. Each would include 4.5 baths, home office, family room, lots of storage, multiple outdoor living spaces and, the crème de la crème for those who own cars: private indoor parking. Everything but the façade of the existing building has been demolished. Our design incorporates a rebuilt façade that replicates the historic one currently held in place with buttresses. These opportunities don’t come around too often so let us know if you want to join us in creating your custom home in a quiet corner of Brooklyn Heights.

the pics

Brooklyn Map via Google


the links

Pierrepont Playground
Harry Chapin Park
Brooklyn Bridge Park
Brooklyn Heights Association

your price

What would YOU pay for a 4231 sq ft single family, in this location. Assume your price includes custom finishes, including bathroom and kitchen, chosen by you.

    28 entries to date

average single family price

  Total ($) $ per sq ft
$
3,762,500
889

our cost to rehabilitate

1,375,075 325 Hard Costs
275,015 65 Soft Costs
249,629 59 Management Fee
1,899,719 449 Total rehab costs

our project acquisition price

Your custom single family can become a reality if the entire property can be acquired for the price below. Check back on September 21, 2010 and/or follow me on Twitter to see the final numbers.

  Total ($) $ per sq ft
$
1,862,781
440

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.

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