A Neoclassical-Style Brooklyn Mansion Is Converted Into Exquisite Condos

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A neoclassical-style mansion in Brooklyn’s Park Slope neighborhood has been converted into seven condominium units, after it failed to sell as a single-family residence, The Wall Street Journal reported.

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Located on Eighth Avenue, the mansion, built with a marble facade, went on the market for $25 million in 2012. Being too large and expensive to house an average family, it was sold to developer Raymond Zagami, a principal of ZR Management Associates, in 2015 for more than half the price, $9.5 million.

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Last week, the mansion, known better as the “Tracy Mansion,” was listed on the market once again, but now as a seven-unit condominium, with the total listing price for apartments nearing close to the original asking price: $23 million.

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Before it was a home, the 10,000-square-foot stone building at 105 Eighth Ave. was a Montessori school. And for many years after, it was home to a family who owned a tugboat company.

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The developer was granted permission from the Landmarks Preservation Commission to add 5,000 square feet, including a penthouse and a rear setback.

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An arched stone doorway of bronze and glass, Corinthian columns, a grand staircase (now part of a duplex apartment), coffered wooden ceilings, stained glass, and an 8-foot-tall mantel are among some of the original details of the mansion. The rear yard was reworked into smaller, private yards for three of the condominiums.

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“The Tracy Mansion offers seven large residences in an intimate boutique building,” says listing agent Alex Maroni of Douglas Elliman Real Estate. “It was renovated by a developer with deep Park Slope roots and a track record of bringing landmark condo conversions to fruition.”

Images courtesy of Douglas Elliman Real Estate

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