Given the timing of this listing at 49 Dikeman Street in Red Hook (the seller bought the two-family house in 2007 for $745,000), this has to either be a planned flip or a desperation sale. We'd bet the latter since the renovation looks nicer than your average contractor flip job; in particular, we're impressed that they've tried to preserve the original details. The kitchen, while hardly fancy, is also attractively done. Given the cost of the reno and the broker's fee, no one's getting rich on this deal even if they manage to get the asking price of $879,000, which they might, given the scarcity of attractive houses in Red Hook.
49 Dikeman Street [Betancourt] GMAP P*Shark
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