Photo by Michael Gonik
A Gravesend McMansion is Now The Most Expensive House Ever Sold in Brooklyn
The three-story, 10,000-square-foot property set a new record for single-family homes with its sale last week
If you thought the going rate for a home in Brooklyn Heights, Cobble Hill, or any other presumable top contender for priciest neighborhood in the borough was absurd, allow us to acquaint you with Gravesend, the quiet, not-so-backwater where a house just shattered the record for most expensive sale of a single-family home in Brooklyn.
The borough’s new bar was set by a three-story, 10,000-square-foot mansion at 2126 East 4th Street that closed last week for an unthinkable $32 million, according to PincusCo, stealing the crown from a brownstone at 8 Montague Terrace overlooking the promenade in Brooklyn Heights that went for $25.5 million in late 2020 (a pandemic deal?). Another home in the lavish northwestern corner of the borough, with downtown Manhattan as its backdrop, hit the market earlier this year and almost took the crown from the Montague manor when it was listed for $26.5 million, but it’s unclear whether it actually sold, and regardless, the East 4th house ate its lunch, dinner, and every subsequent meal and snack in the pantry.
Those familiar with Gravesend probably aren’t too shocked by the price tag on the East 4th home, which was sold by Eli Gindi, a real estate developer whose family founded the now-defunct (but low-key kinda beloved) Century 21 department store chain, and faces a house with a full private basketball court. It sits just off the stretch of Ocean Parkway, between Avenues V and R, lined with McMansions (some, frankly, far more impressive), that wouldn’t feel out of place looking out on the Atlantic in Miami. Homes in the area can easily hit $5 million or more. In 2022, a house on East 3rd was bought for $14 million by Wharton Properties founder Jeff Sutton. Earlier this year, Sutton purchased the house across the street for $7 million, according to Crain’s.
And while we’d love to get a peek inside, or even around the property, there’s no listing with photos to curiously peruse. It’s even been blurred out on Google Maps, a fairly common practice for homes like this in the neighborhood.
