Hidden Gems #4: The $1.9 Million Shack
Drove by this unsuspecting gem traveling home. Immediately got out and snapped away.
Come to find out this piece of property was built all the way back in 1899 (119 years old). You can't see from the street but there is a house located behind this small building. Surprisingly, with all the huge money pouring into this neighborhood the current owners have not sold out with the rising New York City prices. This property currently has an estimated land value of $1.9 million dollars. The house on the property is still inhabited according to sources who have looked into the property. I guess the current landowners are just sitting on it for now to maximize the most land value they can get in this increasing hot real estate market or not.
Quite a jarring sight in a hip Brooklyn neighborhood.
July 4, 2018