Time was when one would tread into Brooklyn's Bedford Stuyesant neighborhood with eyes in the back of the head. Once an affluent enclave with many legitimate brownstone townhomes, it deteriorated into a drug and crime ridden place. In 1986, Claudia Moran bought an old mansion that had become an illegal SRO there for $140,000. She just sold it for $6.3 million. Mansion Global reports
A historic mansion in the Bedford-Stuyvesant neighborhood of Brooklyn has sold for $6.3 million, a record price for the area and the latest sign that rising property prices are spreading deeper into the borough.
The brownstone, known as the John C. Kelley mansion at 247 Hancock Street, is the most expensive sale ever for a single-family home in Bedford-Stuyvesant, according to brokerage firm Halstead Property, LLC. It almost doubles the previous record sale of $3.3 million in 2017, Halstead said.
The Bed-Stuy townhouse, which has 10 bedrooms and five and a half bathrooms, was built in 1887 for water-meter magnate John Kelley. It was designed by Montrose Morris in the Renaissance Revival style and features a bar, a basement and a backyard.