The Real Deal New York

Bed-Stuy brownstone sells for record-breaking $1.34M — $45K above original ask

December 13, 2012 09:00AM

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333 MacDonough Street

Selling for $1.34 million yesterday, a Bedford-Stuyvesant brownstone has set a neighborhood price record, the New York Daily News reported. A New Jersey couple purchased the  three-family townhouse, built in 1875 and located at 333 MacDonough Street, for $45,000 more than the original asking price.

The townhouse is composed of a two-bedroom unit and two one-bedroom units, which when rented will help supplement the owner’s mortgage payments.

“We had 50 people at the first open house,” Brooke Safford of Corcoran Group, a neighborhood specialist who had the exclusive listing, said. “To get this amazing house on this amazing block for this price is still a deal. It would be four times the price in Park Slope.”

According to census date cited by the Daily News, in that area of Bed-Stuy, the number of households earning $75,000 or more rose from 20 percent to 36 percent between 2000 and 2010. [NYDN] —Christopher Cameron

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