Condo/Co-op of the Day

Park Slope Condo in Neo-Classical Tracy Mansion With Corinthian Columns Asks $4.2 Million

This stunning three-bedroom condo sits in one of the Slope’s most distinctive properties — the Tracy Mansion, a neo-Classical marble palazzo built in 1912 for a tugboat mogul at 105 8th Avenue.

Brooklyn Apartments for Sale in Park Slope at 105 8th Avenue

by Chris Erikson

11/14/2017 0

This stunning three-bedroom condo sits in one of the Slope’s most distinctive properties — the Tracy Mansion, a neo-Classical marble palazzo built in 1912 for a tugboat mogul at 105 8th Avenue.

Designed by Frank J. Helme, who was behind many a distinguished Brooklyn structure, including the Hotel Bossert and the Prospect Park Boathouse, it’s got quite the grand facade, with Corinthian columns and an arched cast iron entrance door that opens to a marble-paneled foyer.

After more than four decades housing the Park Slope Montessori School, the manse sold in 2015 for $9.5 million (a steep drop from the initial ask of $25 million), and has been reconfigured as a condo building with seven units.

Four units hit the market last May; this is the largest and priciest of the lot. And it’s quite a looker, beautifully restored and regally appointed, from the eight-foot marble fireplace and the extensive mahogany paneling to the stained glass windows and the illustrious curved staircase. (If the latter looks familiar, it may be because it was used in “Boardwalk Empire.”)

The place is a duplex, with a vast “great room” with towering ceilings on the lower floor, along with a dining area, a rear kitchen and a deck with steps down to a private yard.

Upstairs are three large bedrooms, including one with a marble tiled mantel and a curved, bay-windowed front, and a master with a walk-in closet and a master bath with original tiles.

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Said bath isn’t pictured — a good deal of the unit isn’t, in fact, including the other two baths, the dining area, the yard or the kitchen. The latter is reported to have custom maple cabinets, quartz counters, a Sub-Zero fridge and a Wolf range; would be nice to lay eyes on it.

There’s central air and a washer and dryer in the unit, which is listed by Alexander Maroni and Lucy Struever of Douglas Elliman.

The place carries some grand fees to match the physical splendor: common charges of $1,114 a month, and a whopping $1,831 in taxes.

Of course, the asking price isn’t gentle either: $4.2 million. Too much for a condo, or does this one merit such a price tag?

[Listing: 105 8th Avenue #1 | Broker: Douglas Elliman] GMAP