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Townhouse Sells for $3 Million, Breaking Bed-Stuy Record

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242 Gates Avenue in Bedford-Stuyvesant just sold for $3 million shattering the previous Bed-Stuy townhouse record of $2.25 million, Brownstoner reports. The two-family house was purchased by Eli Fernald of Ground Architecture & Building in 2007 for $749,000 and renovated, quite fruitfully, as you can see in the pictures. Highlights include five wood-burning fireplaces, an outdoor shower, and various preserved original details. It had been asking $2.65 million. As the sale has yet to hit public records, the identity of the buyer(s) is unknown.

· Bed Stuy Townhouse Record Jumps From $2.25 Million to $3 Million [Brownstoner]
· Listing: 242 Gates Avenue [Corcoran]
· Bed-Stuy Townhouse With Outdoor Shower Asks $2.65M [Curbed]