How much do brownstones generally cost in Brooklyn? (Bedford, Stuyvesant: for sale, real estate)
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Depends on where you want to be. I can honestly say that there are no brownstones under a million in places like Park Slope, Brooklyn Heights or anywhere close to the city. If you don't mind venturing into Bedford Stuyvesant, I know my friend at Corcoran just bought a brownstone last year for 800k. All though, it did need a tad bit of work.
In decent shape, it would be closer to $2M, and up, for a Brooklyn brownstone in a stable area. The value can be deceptive, since it depends as to whether or not the house is built-out. Some may not have used the available space that can be developed on the lot, so it could potentially be expanded, which can account for a seemingly smaller house carrying a price tag that's closer to a larger one that cannot have as substantial an addition.
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All the world's a stage, and all the men and women merely players: they have their exits and their entrances; and one man in his time plays many parts, his acts being seven ages.
~William Shakespeare (As You Like It Act II, Scene VII)
Depends on the area and the condition of the house. I've seen brownstones for sale in Bed-Stuy at 500k, as well as some in Park Slope for over 2 million.
And let's not even discuss Brooklyn Heights. I can't post a price because this board prohibiys obscenity. Those who bought in Brooklyn Heights after WWII, when the neighborhood was in "decline" made multi-multi millionaires out of their families. If only we could all have that kind of foresight.
(I'd have said $47 MILLION...needs work. Maybe that would work for a Saudi Prince!)
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