Gladys would sit on her stoop some mornings just to see how many people would come to Manny’s to eat when it opened.
She hadn’t seen a restaurant near her home in Bed Stuy since 1953.
Back then luncheonettes and bars lined Fulton St and Reid Ave (now Malcolm X Blvd) filled with people from the neighborhood chatting about the day’s news and events.
Watching Manny’s set up shop on Patchen Ave reminded her of how things were when she arrived here from South Carolina.
“Places like this give people a reason to get to know each other … to be neighborly and friendly to one another” she’d remark while sweeping the sidewalk in front of her brownstone on Macon St.
But as times change, so do the people who steward these late 19th century Brownstone row houses.
And this Brownstone is offering an opportunity that only a few would have a chance at … until now.
this Brownstone on Macon Street
Just across from the Excellence Charter School on Macon Street is a 2 story brownstone row house, estimated to have been built around 1899.
This 2 story townhouse sitting on an 18.75 by 100 lot offers 2,724 sq. ft. living space on 3 levels, without including its unfinished cellar.
The legal occupancy inside this 18.75 x 45 building are 2 residential units, further enhanced by its 2 story brick extension off its rear.
It features some of the most beautiful architecture you’ve come to expect in an authentic 19th century brownstone row house.
From oak wood floors to ornate wood mantled fireplaces to detailed plaster ceiling medallions, this property delivers a townhouse living experience built custom to its first owner’s taste and status.
Its current owner began remodeling the premises for seasonal use by family, friends and guests traveling to Brooklyn on business and for pleasure during extended stays.
Their design choices complimented the row house walk up with high-end appliances in its kitchens and baths, without altering its appearance or aesthetic.
There are a number of unfinished remodeling projects remaining to complete but the materials (such as flooring, tiles, etc…) are stored on premises.
And there are additional home improvement projects awaiting its new owner.
A rare Bed Stuy opportunity
This Brownstone (which had its facade restored back to its original brownstone appearance) is on a block with neatly lined row houses uniform in appearance in the heart of Bed Stuy.
Now the location isn’t so much why it’s a rare opportunity. My seller isn’t interested in a traditional market sale for the property.
If we were coming to market, its list price would easily range between $1.2 million and $1.4 million.
But they have unique circumstances that require we offer the opportunity wholesale to its next owner who will use the available equity to continue with its remodeling.
We’d usually give this opportunity to real estate investors we know but decided to offer it to savvy home buyers interested in buying in Bed Stuy well below market value.
However, this comes with some unique circumstances and conditions a first time home buyer wouldn’t normally have to consider if they were buying a home retail.
Which is why this opportunity is by invitation only.
If you want a chance at this
Then sign up using the form below.
We’ll confirm you’ve registered and send you more information about the process before it starts.
We don’t anticipate this taking more than 5 days to
- provide disclosures
- opening for bidding
- announce the winning bid
- provide access to premises for winning bid (including 2nd and 3rd place bids)
In the meantime, review the floor plans we’ve provided in the article. It offers a view into the property’s layout with estimates of room size dimensions.
And share this with others … you never know who might be looking for an opportunity like this.