These days, the bloodiest turf wars in Bed-Stuy involve multimillion-dollar real-estate deals.
The median price for homes in the hardscrabble Brooklyn neighborhood has skyrocketed in the past year — from $425,000 in the second quarter of 2013 to $630,000 this year, according to data from real-estate site StreetEasy.
The boost comes as an influx of tony buyers — from celebrities to “Park Avenue princesses” — are ditching the price tags in Manhattan and flocking to the once-gritty outer-borough nabe, best known to outsiders from Spike Lee’s 1989 racial-tension drama “Do the Right Thing.”
“Bed-Stuy is the hottest neighborhood in Brooklyn,” said Ban Leow, a broker with Halstead Property. “It’s really making a name for itself.”
The numbers tell a story of gentrification that would make the Brooklyn-born Lee — a bitter foe of outsiders moving in — blow a gasket. The median asking price in Bed-Stuy jumped to $895,000 in June, a 50 percent hike over the same time last year.
Flip sales are more dramatic: A six-bedroom home that sold for $1.2 million in February was flipped for $2.1 million this June.
The current Bed-Stuy home-sale record is the $2.25 million sale of 22 Arlington Place. The home sold for $400,000 more than its $1.85 million asking price even though it’s just 16 feet wide.
Loew is now about to list a 40-foot-wide mansion at 247 Hancock St. for $6 million. A similar-sized mansion would sell for up to $60 million in Manhattan, he said.
“There’s a new breed of Realtors bringing in buyers who are transplants from Manhattan, New Jersey and Connecticut,” said Lowe. “They are inviting their friends over for backyard barbecues and, in an infectious way, the neighborhood has taken off.”
People are flocking to Bed-Stuy even though its crime-plagued past is not yet behind it. NYPD data show that the 79th and 81st precincts, which cover the area, had 928 and 907 major crimes so far this year, respectively — among the worst numbers in the city.
The new residents include fashionistas who would never have been caught dead in Brooklyn a few years ago. A former Vogue editor and her restaurateur husband even sold their $3.5 million Park Avenue penthouse to move into a $1.8 million Bed-Stuy mansion.
“Now, buyers are going to East New York,” said broker Kathleen Perkins of Douglas Elliman. “Anything to stay in New York City and not move to Jersey.”