Bed Stuy

Dixon Puts Ornate Bed Stuy House With Luxe Reno on Market for $2.995 Million

An elaborate row house and one-time wreck before it was restored and updated by Australian real estate investment firm Dixon is back on the market.

by Cate Corcoran

09/06/2023 0

An elaborate row house and one-time wreck before it was restored and updated by Australian real estate investment firm Dixon is back on the market. Located at 259 Decatur Street in the Stuyvesant Heights Historic District, the pale stone Renaissance Revival house was built in 1895 and designed by noted architects Axel Hedman and Magnus Dahlander.

Over the top even by Bed Stuy standards, the house is festooned with rare features, stained glass, bay windows, and unpainted woodwork. Six cabinet mantels exhibit uncommon details such as triple reeded columns and, in the rear parlor, a white onyx surround. The middle parlor is kitted out like a chapel with paneling and stained glass. The entrance hall brooks no rivals with its arched screen incorporating stained glass, hall tree with bench, and thorough paneling.

It was in the hands of the same family for decades until 2014, when the estate of the longtime owners sold it to an LLC for $875,000. A spectacular wreck with water damage on three floors and abundant original details, it was flipped three months later to Dixon for $1.5 million. Dixon thoroughly restored and updated the house, keeping most of its original features intact (it lost some period gas lighting and kitchen and butler’s pantry built-ins). In 2016, Dixon listed the single-family house for rent for $7,995 a month.

Early to the whole-house renting game, publicly traded Dixon has been selling off assets in the New York area to pay down debt, and still owns 87 townhouses in Brooklyn, according to its 2023 spring report. Now the house is back on the market and looking well kept with a modern kitchen, sliding doors to the backyard, spruced-up oriel window, horizontal fence, and 5.5 contemporary bathrooms, including one with a clawfoot tub. While the listing is mum on central air, slot registers are visible in some rooms.

An open house is set for this Sunday, September 10. Listed by Ari Harkov, Christian George Emanuel, and Warner Lewis of the Harkov Lewis team at Brown Harris Stevens, the house is asking $2.995 million. Worth it?

[Listing: 259 Decatur Street | Broker: Compass] GMAP