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842 Carroll Street
Brooklyn, NY 11215
Alyssa Morris with Compass, original listing -
$15,000,000
Conventional
Property
Bedroom
12
Bathroom
Full: 6
Property Type
Conventional
Square ft
7098 Square Feet
Property Description
Spectacular, one of a kind 32-ft+ wide mansion with unrivaled original detail set on bucolic Carroll Street just moments to Prospect Park. Built by famed architect C.P.H. Gilbert in 1887 at the height of the Gilded Age in America, this Romanesque Revival architectural masterpiece features the fine detailing and opulence that Gilbert was famous for. This unique residence is one of just a handful of grand houses in the area that is over 32-ft wide, and one of the only of this breadth that maintains the original footprint and original intact detail. The current owners are just the 4th family to own the home since 1887 when George Kenyon commissioned the house. With 12 bedrooms, 6 full bathrooms and 3 half baths this grand property spans over 7000sf of interior space with an additional 1280sf of outdoor space for a staggering 8400 in total. The garden is a separate renovated two-bedroom, two-bathroom guest apartment boasting a wall of triple sliding doors leading to a large backyard. Ascend the stoop to the jewel of the house at the grand parlor level, where the expansive entry area features a massive mahogany fireplace, a grand center staircase, and powder room. Oversized windows flood the dining room and extra wide south-facing living room with natural sunshine all day long. Original wood-burning fireplaces can be found in each room and is the centerpiece of the grand living room. The kitchen has brand new, never-used appliances and a south facing window-clad seating area that is set amongst the lush trees of the back yard. Up one flight you ll find four sunny bedrooms, three fireplaces, and two full bathrooms. The primary bedroom suite features a south-facing deck and an enormous primary bathroom. The fourth floor has an additional 4 bedrooms, 2 full bathrooms, laundry room, and two fireplaces. The reinforced center staircase allows for a perfect layout with bathrooms in the middle and spacious rooms all around, bringing in the utmost sunshine into each of the bedrooms. The fifth floor is a spectacular, separate two-bedroom loft apartment showcasing vaulted 12-ft ceilings, original beams, a fireplace, full kitchen, 1.5 bathrooms, laundry, balcony, and 2 skylights. It evokes the feeling of a Parisian atelier and would be an ideal staff residence, artist s loft, or guest suite. The present owner has gutted the house twice providing meticulously restored internal upgrades so that the infrastructure is of the highest quality: Central A/C 9 working fireplaces New electric: extra large capacity electric risers with all 2 gauge distribution 1-2 electric panels on every floor and heavily wired throughout All new brass and copper plumbing with extra heavy cast iron All original plaster replaced with skim coated walls Main kitchen s dishwasher, oven, stove and refrigerator have never been used The staircase from parlor to 5th floor has been rebuilt The rear kitchen extension is constructed of high strength steel and encased in mahogany and copper exterior The rear living room bay was totally rebuilt and is mahogany and copper clad The garden guest unit is completely insulated from the upper main New boiler less than 5 years old Alarm system installed Original restored detail intact The grandeur and graceful lifestyle this spectacular house affords ensures that it will be handed down through generations. Set on one of the prettiest park blocks in all of Brooklyn, this trophy home is truly a must see. An opportunity for the most discerning buyer.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Townhouse
Year Built
--
MLS Number
--
Location
Address
842 Carroll Street
City
Brooklyn
State
NY
Zip Code
11215
County
KINGS (NORTHWEST)
Listing
Provider
Name
Phone
(917) 848-9478
Office Name
Office Phone
Agent Name
Alyssa Morris
Agency Phone
(646) 586-8268

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.