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]