More about Bed-Stuy

Hello Brownstoners. Saw another great brownstone in Bed Stuy this weekend, one we can afford and absolutely love. I think this was the place someone on this board recommended, on Halsey near Stuyvesant. It has almost every original detail intact and has not been “upgraded.” Also ate lunch at Bread Stuy and bought a book at Brownstone Books. We are actually a little bit amazed how fancy Stuyvesant Heights is (yes, I do look funny walking around with my mouth open). Also saw many fine examples of Montrose Morris’ work on the Crown Heights historical tour.

My questions:

*Is $519,000 a reasonable current price for a three-story 16.75-wide house?
*How much do you think prices will drop and for how long?
*Can we rent out the top-floor large one-bedroom for $1400?
*If I lose my job, can we rent out the owner’s 2-bed duplex with yard for $2000 or more? Many thanks for your advice.

By mopar |