Co-op of the Day: 111 Hicks Street, #25A


The listing for this co-op at 111 Hicks Street doesn’t say who the seller is, but the interior design screams “sponsor.” The design is too bad, since the apartment itself–1,450 square feet with plentiful windows and incredible views from the 25th floor–has so much potential. As you may recall, this building also has painfully high maintenance charges ($2,683 in this case), which explains the relatively low asking price of $995,000. Too bad you couldn’t have bought this for $795,000 and done the renovation yourself.
111 Hicks Street, #25A [Fenwick Keats] GMAP P*Shark

11 Comment

  • The views are astounding. Will they remain so? Nice big, light space, and the renovation is generic, but not at all bad, IMHO. But that maintenance! Could not bring myself to take that on, even paying cash for the place.

  • the design is at least tasteful, though it looks really suburban. however those floors are inexcusable. prefinished hardwood floors have to be one of the worst things to happen to building construction ever.

  • I have no idea sometimes what brownstoner is talking about when it bemoans a renovation that looks perfectly nice. I mean, what’s wrong? Not expensive enough bathroom tiles? Sheesh.
    You are paying Manhattan maintenance in this building, which is full-serve and extremely conveniently located. Is it worth it? It is to many folks.

  • I have no idea sometimes what brownstoner is talking about when it bemoans a renovation that looks perfectly nice. I mean, what’s wrong? Not expensive enough bathroom tiles? Sheesh.
    You are paying Manhattan maintenance in this building, which is full-serve and extremely conveniently located. Is it worth it? It is to many folks.

  • Is the floor the problem?
    What’s wrong with it? Too shiny?
    Am I the only person still alive who likes a little gleam on the floorboards?
    This isn’t a farmhouse, its a 1930′s highrise Art Deco apartment building.

    • Actually, Minard, I also like gleaming floors. Then again, I use area rugs, so the floors are not a vast expanse of high gloss. And, in any case, they eventually do get somewhat duller with age.

      For me, the main bathroom (with the dark wall tiles by the bath/shower) is less than stellar, though.

      • Well said morralkan. Nice furniture and rugs look best on a floor with some gleam to it. I don’t have servants to wax the floors every month so a finish with gleam to it is what I like. It’s easier to clean too.
        I like the bathrooms, they are kind of posh.
        I don’t like the baseboards but that is often tricky in a 1930′s building where you don’t want to go all Victorian. The simpler the better. and no crown moldings at all in spaces like this. they look ridiculous and make the already low ceiling look even lower.

  • Is the floor the problem?
    What’s wrong with it? Too shiny?
    Am I the only person still alive who likes a little gleam on the floorboards?
    This isn’t a farmhouse, its a 1930′s highrise Art Deco apartment building.

  • I like the floor plan. It is a good one.

    Windows in all the rooms, big plus. No, I am not liking the floors at all, I hate shiny floors. I like dark wood matte finish floors, IMO, they look better.

    I think the baseboard heat things should be painted the same color as the wall, to hopefully blend in and not call attention to it, since it is ugly and nothing you can do about it.

    I hate everything all trimmed out in white.

    OMG those ceiling fans, blech!!!

    Not loving the recessed lighting either.

  • I would never look in this building because I find the maintenance prohibitive.

  • This building’s incredibly high maintenance is a huge, huge obstacle for most potential buyers. We looked at an apartment we liked in that building a few years ago but we were able to find another one not far away with similar square footage, a similar layout and half the maintenance. And the asking price was lower.

    Is there some way for this building to address their high maintenance issue? Can they building as a whole find some sort of financing solution that would bring the maintenance down? It’s such a shame because it causes the apartments in this building to stay on the market for unnecessarily long periods of time.