Unfinished Bed Stuy House Asks $3 Million

We saw this limestone on the house tour a few years back when it was under construction by the contractor who has owned it since 2002. Now it’s on the market for $3,000,000, which would certainly set a record for a townhouse in Bed Stuy, as BK to the Fullest was the first to point out.

It’s in Stuyvesant Heights and it has five units, including a large owner’s duplex with a 20-foot extension on both floors, as well as a parking space. It’s 4,000 square feet and was designed by Axel Hedman, according to BK to the Fullest. There is a catch, however. It’s not finished.

The top floor of the extension is “framed out” for a kitchen, dining room, and master bath. There are two working fireplaces and a jacuzzi, but otherwise it’s just studs, no walls. DOB shows a stop work order and open violation from 2004 for construction without a permit.

There might be another catch too. It was an SRO at one time. HPD says the building has six “B” class apartments, although the BOD shows two prior owners filed to change the certificate of occupancy. It will be delivered vacant, according to the listing.

The current record holder for a townhouse sale in Bed Stuy is a Parfitt Brothers-designed Queen Anne two-family at 254 Gates Avenue. It sold for $2,200,000 in January.

What do you think? Is Bed Stuy ready to command Park Slope prices now?

288 Decatur Street Listing [Kian Realty]
Bed Stuy’s First $3M Townhouse: 288 Decatur Street [BK to the Fullest]