Is Brooklyn’s Most Expensive Mansion Worth $25 Million?

Is Brooklyn’s Most Expensive Mansion Worth $25 Million?

Tracy Mansion

Source: Halstead Property

Tracy Mansion


This landmarked, century-old neoclassical mansion in Brooklyn’s Park Slope neighborhood has 23 rooms, 9 bathrooms and approximately 10,000 square feet of space. The home recently listed with Halsted Property for a potentially record-setting $ 25 million.

As a point of reference, the priciest home to ever sell in Brooklyn sold earlier this year for less than half that amount, $ 12 million. That was the Brooklyn Heights townhouse once belonging to Truman Capote, which went through numerous price cuts over nearly two years from the original $ 18 million asking price.

“The price is based on offers received by unsolicited offers in the past,” said the property’s broker, Marc Wisotsky. “We’ve listed at the price [the owner] asked and the market will speak.”

The property’s other broker, Jackie Lew, added, “That is just the asking price. There is negotiability.”

In terms of impressive factors that might contribute to that value, consider this: in 100 years the house has had just three owners, beginning as the residence of the Tracy family, who made their fortune in stevedoring. Ownership then transferred to the Knights of Columbus. Current owner Anil Kumar Sinha bought it in 1969 and converted it to a private Montessori school, which closed earlier this year amid


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