Built in 1930, 3 Spencer Place is a classic piece of Bed-Stuy history. This 1,400 sqft duplex sits on a quintessential brownstone-lined block, offering that authentic Brooklyn charm paired with modern updates like central AC and in-unit laundry.
Property Timeline
| Event | Date | Price |
| :--- | :--- | :--- |
| Sold | Dec 2019 | $2,200,000 |
| Listed for Rent | June 2022 | $4,950 |
| Listed for Rent | March 2023 | $5,500 |
The property saw a major milestone in late 2019 when it sold for $2.2M. Since then, it has transitioned into a high-end rental. While recent asking rents reached $5,500, our current market analysis suggests a more grounded range of $3,300 to $4,200 to keep vacancy low.
From an investment lens, the property is currently valued between $1.69M and $1.87M. Interestingly, the records show $0 in annual taxes, which often indicates a specialized tax status or a pending reassessment—definitely a detail to verify so you aren't surprised by a bill later.
Classic Build: 1930s architecture with high ceilings.
Turnkey: Modern kitchen and private backyard.
Prime Transit: Steps from the C, S, and A trains.