House of the Day: 149 Baltic Street
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?…
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
Gorgeous house, on the block between Hicks and Henry so the drone from the BQE is constant. I’m sure someone will fall head over heels with it but location? Not great.
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.
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.