First Comes Flip, Then Comes Reno on Hancock
Speaking of Bed Stuy, here’s a semi-recent sale that was brought to our attention. This 22-footer at 215 Hancock recently traded hands at the end of last summer for $899,000. We hear that the seller was a broker who flipped it for a tidy profit of about $375,000 in less than a year’s time. We…
Speaking of Bed Stuy, here’s a semi-recent sale that was brought to our attention. This 22-footer at 215 Hancock recently traded hands at the end of last summer for $899,000. We hear that the seller was a broker who flipped it for a tidy profit of about $375,000 in less than a year’s time. We also hear that the interior of the five-story brownstone had suffered a great deal of water damage but that many of the woodwork survived. It looks like a beautiful building to us–we hope the new owner can restore it to its former glory. GMAP P*Shark
the house was sold to three jazz musicians, very nice guys, who paid cash. they were in contract for about a month. i do remember that roman mentioned he had offers for $925,000 and a million, but he took their deal because it was all cash and there are, as you know, issues with the c of o. the new owners are doing a minimal renovation. nothing is being taken out, but there will be no full restoration.
the antique dealer who sold to roman took all of his stuff out– plus some — including the built-in library. he had three huge moving trucks parked on the block for three days.
though there are not that many five story houses, there are at least two dozen houses between bedford and tompkins on hancock that are breathtaking in their detail.
As someone who lives in the ‘other 15% of crap’ that falls outside of your designated ‘Bedford Heights’ area can I please ask you to show some respect for the families and people who make up the larger part of Bed Stuy. Brownbomber for someone who purports to live in the Stuy you seem to be quite dismissive of the rest of us. We may not all live in mansions but that doesn’t mean we live in pits either.
more importantly, more pictures please!
CHP, I totally agree with you. The socio-economic problems that plague the community must be addressed in a real and credible way. No question about it.
I am an agent at Ardor NY. For the record the “Crown Heights” designation was just added. Our system just got updated with BK neighborhoods. They are assigned via zip code to old listings so they are not exact. Going forward the area will be assigned by the agent, which will be slightly more acurate, but will probably never please everybody! This is a drool worthy house though. Truly spectacular, on an amazing block!
While I essentially agree with you, Bomber, I hope plans for these areas include programs for the “15% of crap and projects”. To further ghettoize these areas by surrounding them by pockets of affluence is both morally reprehensible and socially dangerous. The irony of being too poor to live in Bed Stuy may be upon us soon enough, but creating more pockets of desperate people with no options,is not the way I’d like to go about doing it. I would love to have many more landmarked areas, which would also prevent some of the godawful buildings going up, as discussed in other threads, but it shouldn’t be at the expense of the greater good.
I hate to be a snob but this section of Bedford-Stuyvesant definitely needs to be designated a historic district. Bed-Stuy is too large of a community (the largest neighborhood in New York City). It deserves to be broken up for various socio-economic-political reasons. Stuyvesant Heights is a beautiful community but it gets dragged down by the 15% of the Stuy that’s essentially nothing but projects and crap. Having the historic designation of Stuyvesant Heights next to the proposed “Bedford Heights” creates a formidable base that can really catapult the community and serve as a catalyst for future growth and development. It’s in everyone’s interest to get the historic designation completed, including Clinton Hill since its South Eastern border is adjacent to the proposed “Bedford Heights”. There are already a handful of ad hoc organizations working on this initiative but they need all of Brooklyn’s support. The A/C train line (10-15 mins from Manhattan) connects Fort Greene, Clinton Hill, “Bedford Heights” and Stuyvesant Heights. These communities are indelibly tied to one another for better or worse and they will be as strong as its weakest link. Fulton Street is the last frontier and under NO CIRCUMSTANCE can the battle for Fulton Street be lost. If we lose Fulton, forget about everything east of Flatbush Avenue.
There should be a new historic district in Bed Stuy. Bedford Heights was a name that was suggested in conversations regarding this move. The bounderies should be somewhere between Marcy, Bedford, Gates and Throop. Some of the finest housing in New York City, bar none, is in this area. Also beautiful and historic churches, schools, and even an armory. Jefferson, between Nostrand and Marcy was once the home to THE Woolworth. You also have the Kelley home, pictured here once, on Hancock between Marcy and Thompson. This is also one of the most beautiful blocks in the area, as are Jefferson between Marcy/Thompson, the block this Hancock house is on,between Nostrand/Marcy, as well as McDonough between Thompkins and Throop, and Macon between Nostrand/Marcy. Thompkins Ave is becoming home furnishings Ave, between Jefferson and Hancock, with antique shops and the most excellent shop Ibo Landing. Housing stock in the area is mostly brownstones, but there are also free standing mansions,great looking apartment buildings, and the fabulous Boy’s High School, which is not housing, but a joy to look at.
Wow, even the crappy pictures are fantastic. What a house. Forget what I said earlier about rental apartments. I would keep it a single family too. I’m in love. What I wouldn’t give for a gem like that, restoring that would be a lifetime’s labor of love. I would want it exactly in the condition it’s in.
You will note on the listing, they said the house was in Crown Heights! WHA???? Talk about moveable bounderies. Don’t these guys look at a map?