The housing market in Brooklyn’s Bed-Stuy neighborhood has drawn a fair amount comparison to nearby Williamsburg, and for good reason.
Over the last three years, new construction in Bed-Stuy has surged — as have sales prices. The neighborhood continues to gain popularity with New Yorkers due to its proximity to Manhattan, easy access to reliable mass transit — unlike Williamsburg, which is facing the loss of its L-train for 18 months — and relatively affordable home prices.
And while Bed-Stuy hasn’t yet achieved the level of gentrification and development that occurred in Williamsburg over two decades ago, Bed-Stuy is definitely a neighborhood on the rise. The median asking price for the typical home rose from $575,000 in 2013 to $7350,000 today.
Here’s a quick round-up what you can buy in new construction in Bed-Stuy right now for $2 million and under:
1. 577 Madison Street
Located on a quiet tree-lined street surrounded by historic brownstones, 577 Madison Street by The Pros Management houses six distinct residences, ranging in size from 404 square feet to 1,044 square feet. Residences are a mix of duplex one- to three-bedrooms and one studio.
The development is a seamless mix of modern and vintage design. Kitchens boast a modern farmhouse aesthetic with stunning cast iron sinks, while the bathrooms have cast iron clawfoot tubs. Victorian high tank pull chain toilettes add a touch of 19th century elegance to the washrooms.
Amenities include: most residences offer private outdoor space with custom-built grilling stations, and two units feature roof space as well.
Pricing starts at $499,000.
2. 216 Pulaski Street
Developed by ABCNY, 216 Pulaski Street is a boutique condo building with a total of eight units, with sizes ranging from 655 square feet to 972 square feet. The loft-style residences feature exposed brick, tall ceiling heights and colonial grid-style windows for a timeless look.
Amenities include: spa-like rainfall style shower heads and a rooftop lounge.
Pricing for available units starts at $575,000.
3. 312 Clifton Place
312 Clifton Place is a gut-renovated brownstone townhouse by Threefold that houses a total of four distinctive two-bedroom condos. Units have in-residence washers and dryers, ample closet space and fireplaces.
Amenities include: a shared rooftop deck, private terraces, an intercom system, and outdoor space.
Pricing for available units starts at $825,000.
4. Quincy Manor
Developed by M Development, Quincy Manor is a modern spin on the classic Brooklyn brownstone. It has a total of four unique units, ranging in size from 852 square feet to 1,546 square feet. Residences feature thoughtful layouts, oak wood flooring, and oversized casement windows.
Units include central heat and air, plus private outdoor space.
Amenities include: Formica countertops, Haier refrigerators and stoves, Fagor dishwasher and hood, and in-unit GE washer & dryers. Private storage is also available.
Pricing for available units starts at $800,000.
169LEX was designed by Gerald J. Caliendo Architect RA AIA and houses four units, ranging in size from 869 square feet to 1,412 square feet. Residences are full floor two-bedroom and two-bath layouts and include both private and common outdoor space.
Kitchens are chef style with quartz waterfall countertops, white matte and espresso walnut cabinetry, and glass backsplashes. Master baths feature imported orcelain and glass tile, deep soaker tubs and vessel sinks. Most units include on-site storage.
Amenities include: paved roof deck with modern glass railing and a fully landscaped courtyard.
Pricing starts at $899,000.
6. 159 Tompkins
Designed by Strategic Partners Alliance LLC, 159 Tompkins boasts a clean grey brick facade and a marble-floored lobby. It has a total of 10 open-plan units that range in size from 946 square feet to 1,546 square feet. Residences feature 10-foot ceiling heights with floor-to-ceiling windows.
A shared rooftop deck offers impressive views of Manhattan and the surrounding neighborhood.
Amenities include: onsite parking, storage space and available bike storage.
Pricing for available units starts at $1.7 million.