Bedford-Stuyvesant‘s most expensive home has sold for $6.3 million, setting a record price for the neighborhood and sending a message that rising property prices are making their way further into Brooklyn, according to the Wall Street Journal. At nearly twice the previous record sale of $3.3 million in 2017, the Renaissance Revival-style John C. Kelley mansion at 247 Hancock Street is the most expensive single-family house ever sold in Bed-Stuy. The 8,000-square-foot, 10-bedroom townhouse was built in 1887 for water-meter magnate John Kelley, designed by noted architect Montrose Morris and modeled after a Gilded Age Vanderbilt mansion along Fifth Avenue.
247 hancock street
Bed-Stuy‘s most expensive single-family home has a set of new photos that gives us a closer look into the work that’s been put into bringing this storied home back to life. Designed by Montrose Morris and modeled after a Gilded Age Vanderbilt mansion along Fifth Avenue, this spectacular house known as ‘The Kelley Mansion’ was built for water meter magnate John Kelley in 1900. The mansion was a favorite hangout of Kelley’s pal President Grover Cleveland and has for the better part of its existence been affectionately referred to as the ‘Grand Dame’ of Hancock Street. The home fell into disrepair over the decades, but savior Claudia Moran, a retired ad exec, dedicated a great deal of her time and money restoring the mansion after buying it up for just $7,500 in the 1980s. It’s now selling for $6 million.