The gorgeous limestone mansions at 404 and 408 Stuyvesant Avenue in Stuyvesant Heights have both been on the market for over a year. (In the case of Number 404, it’s been about 18 months since the owner tried an auction approach.) Many open houses and price cuts later, 404 is showing up as having just gone into contract; the most recent asking price was $1,475,000. As for 408, which is listed at $1,550,000, there’s still no buyer. Could have something to do with that pesky rent-stabilized unit.
404 Stuyvesant Avenue [Halstead] GMAP P*Shark
408 Stuyvesant Avenue [Corcoran] GMAP P*Shark
HOTD: Price Cut at 408 Stuyvesant Avenue (Again) [Brownstoner]