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And so it ends. 408 Stuyvesant Avenue, a beautiful limestone mansion in Stuyvesant Heights that we’ve covered closely since December 2006, finally has a buyer, and her name’s Barbara Corcoran. According to The Real Deal, Babs shelled out $1,460,000 for the 4,000-square-foot pad, a good deal less than the original asking price of $2,100,000, but quite a bit more than the $1,115,000 a couple paid for 404 Stuyvesant Avenue last spring. It’s hard to take this as anything but a vote of confidence for the area and particular and the Brooklyn market in general, no? Then again, her foray in Red Hook real estate took a while to pan out.
Barbara Corcoran buys $1.4M Bed-Stuy townhouse [TRD] GMAP
Babs Buys in Bed-Stuy (After Monster PriceChopping) [Curbed]
Houses of the Day: 404 and 408 Stuyvesant Avenue [Brownstoner]
HOTD: Price Cut at 408 Stuyvesant Avenue (Again) [Brownstoner]
House of the Day: 408 Stuyvesant Avenue Revisited [Brownstoner]
House of the Day: 408 Stuyvesant Avenue [Brownstoner]


What's Your Take? Leave a Comment

  1. buckfast:
    not really worried about so-called “scary pj teens! there’s pj everywhere…just as many in ENY than the New Bed_Stuy! as I stated prior; Bed_Stuy is being gentrified each passing day.

  2. if ur worried about being harassed by the “scary project kids”,u shouldnt live in bed stuy either.more projects there then in ENY.when i was growing up in coney island.we used to war with the project kids all the time.

  3. buckfast:
    It’s a no-brainer, the new Bed-Stuy & some what Bushwick are gentrifying each passing day; plus you have transportation issues (e.g., 20 extra minutes each way by train/bus to eny or Brownsville and Less of change of being harassed by rowdy project teens on the subway/bus). Now you have a clue!!!

  4. The Montessori School moved from a location on Madison St. Still not Stuyvesant Heights proper, but closer. I think people who insist on thinking of Stuy Hghts as something new are stuck on themseleves and the belief that this neighborhood has been waiting for them and Barabara Corcoran to legitimize it. We established the historic district in 1971. The only reason that it is not larger (i.e. inclusive of ‘Brownstone Bed-Stuy’in other words everything south of Monroe and East of Bedford) is because the politics of the Landmarks Preservation Commission at that time and some old timers who thought ‘landmarking’ would tie their hands. We shaped this neighborhood and preserved what you see today. There were hits and misses along the way for sure but serious work was done. The new comers, which I welcome and encourage, are benefactors as well. Now with us, you, they and Barbara can continue the work.

  5. yikes… just relocated to Bed-Stuy on Dekalb ave w/family to stay. any time I state…I reside in “Bed-Stuy” to my hipster friends; they all reply with…”oh, you mean “The New Bed-Stuy”!!! What a take on names; such as “SH of Bed-stuy”! now more & more of my hipster friends are relocating to Bed-Stuy…I mean the “New Bed-Stuy” to them, I think!??? what’s your take on the name game??? Inquiring minds want to know!

  6. Thanks all for the house-hunting advise. I’ve done plenty of walking around on sundays or during the week, but maybe more people are out on saturdays. I’ll have to learn to be more inquisitive, beyond the friendly hellos we get/give to everyone!