Is the pricing spread between Brooklyn Heights and Cobble Hill narrowing or is everything just getting that much more expensive? This new listing at 149 Baltic Street in Cobble Hill has a whopping asking price of $4,500,000. Granted, it’s a lovely house and, at 25 feet wide, generously proportioned. Still, that’s some serious dough. Thoughts?
149 Baltic Street [Corcoran] GMAP P*Shark


What's Your Take? Leave a Comment

  1. Nucky: CH is lovely. However your idea about BH being for rich ex-manhattan suckers is not true (at least for the houses). Just look at the deeds (which I have). Most BH townhouse buyers are trading up from co-ops in the neighborhood or even other houses. Simply a fact.

    Also I agree that CH will approach BH in price on the basis of services, but I seriously doubt it will ever surpass BH because it has what CH can never have-closest proximity to manhattan and the best harbor views. You forgot that real estate is all about location. Services can change, manhattan proximity can’t.

  2. Nucky: CH is lovely. However your idea about BH being for rich ex-manhattan suckers is not true (at least for the houses). Just look at the deeds (which I have). Most BH townhouse buyers are trading up from co-ops in the neighborhood or even other houses. Simply a fact.

    Also I agree that CH will approach BH in price on the basis of services, but I seriously doubt it will ever surpass BH because it has what CH can never have-closest proximity to manhattan and the best harbor views. You forgot that real estate is all about location. Services can change, manhattan proximity can’t.

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