Here’s a Bed Stuy brownstone that needs renovating and restoration, but offers some period detail that ought to polish up nicely. It’s at 168 Bainbridge Street, in the Stuyvesant Heights Historic District, where it was built circa 1889 by architect John L. Young and builder Walter R. Heineman.
This one sold in May to a buyer who’s turning around and putting it right back on the market. If any work has been done there’s no sign of it.
And the house, most likely, needs a fair amount of it. The spaces shown need cosmetic attention, and there are kitchens and baths to consider (none pictured) and who knows what else.
Reconfiguring is going to be part of the package. A legal two-family, the place is set up with a lower duplex and a pair of upper rentals. An upper triplex and a garden rental would be an obvious way to go or a one-family.
With 20 feet in width, there’s decent space. And as noted, the details are there, including pocket doors, five decorative fireplaces, crown moldings, plaster detailing, a passthrough with a marble sink and a particularly nice staircase.
Listed by Abdul Muid of Compass, the house is asking $2 million. In May it went for $1.425 million, so that’d make for a profitable flip if the sellers can get that much. But is that a realistic price for a place that needs significant work? What do you think?
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