Eye On Real Estate
By Lore Croghan
Brooklyn Daily Eagle
Seven million dollars is a big number, even in sought-after Dyker Heights.
That's the asking price for a 14-room mansion at 1065 83rd St. — which will be a record-breaker for the predominantly Italian-American neighborhood if the new house commands anything close to that sum.
Sam Sallam, a Ben Bay Realty agent who has the exclusive listing, said he is marketing the property “privately” because “the owner didn't want that much exposure.”
The for-sale info, which is not posted on Ben Bay's website, appeared only briefly on the Brooklyn Multiple Listing Service (MLS).
What do you do to get the word out when the seller wants to keep it low-key?
“You contact the heavy clients with the deep pockets,” said Sallam, who is based in his firm's Bay Ridge office, where Charles Fabbella is the broker-owner.
The house — which is 8,000 square feet in size, sits on a 60-by-100-foot lot and comes with custom-made furniture — has never been lived in, Sallam said.
In 2004, Carmela Basile paid $1.4 million for the house that previously stood at the site, which Rocco Basile of Basile Builders Group then demolished and replaced with the home that's now for sale, city Finance and Buildings Department records indicate.
As the Brooklyn Eagle previously reported, the development firm kicked up controversy in 2007 by buying three Victorian houses on 74th Street in Bay Ridge and saying they would be restored, but then demolishing them for multi-family construction.
The 83rd Street Dyker Heights mansion has a grand circular staircase, a kitchen fit for a chef and a master bedroom suite that takes up half the second floor.
“This is the house you need to throw parties in,” he said.
For this kind of money in south Brooklyn, who are the prospective buyers?
“It would be somebody trying to upgrade his living style or move into a better neighborhood, somebody who has come into money,” he said.
“In Brooklyn, there are a lot of sleepers, people with a lot of money who don't flaunt it.”
Because Dyker Heights mansions are one-of-a-kind and sell so infrequently, comps — meaning data on sales of comparable homes within the past six months — are hard to come by.
Real estate firms have their own ways of determining the asking prices, said Sallam. For the 83rd Street house, considerations included what it cost to build it and what its future value could be.
He recalls a $3.8 million deal as the priciest previous single-family Dyker Heights home sale.