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June 24, 2009

One Pierrepont Mansion in the Sky Goes Into Contract

one-pierrepont-street-1108.jpg
It took a while, but the seller's patience ultimately was rewarded as the 10-room co-op at One Pierrepont Street, the premier apartment building in Brooklyn, finally went into contract yesterday. The four-bedroom pad first hit the market last November with an asking price of $6,250,000, before the price was reduced to $5,500,000 in December. That was the most recent ask so of course we're dying to know what the contract price was. Come on, you know you want to tell us! Update: We added a pricing widget below so we'll see how good the collective wisdom is.
1 Pierrepont Street In Contract [StreetEasy] GMAP
1 Pierrepont Street, #8A [Brown Harris Stevens] P*Shark
Co-op of the Day: 1 Pierrepont Street [Brownstoner]






Posted by Brownstoner at 9:31 AM | Comments (24)
Categories: Brooklyn Heights, Co-ops, Sales

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Comments

"the premier apartment building in Brooklyn"

wtf does that mean? says who?

Posted by: randolph at June 24, 2009 9:33 AM

jeez. prime example in those pictures of how money does not buy taste!

*rob*

Posted by: PitbullNYC at June 24, 2009 9:42 AM

Oh, calm down, Randi. It's the 740 Park Avenue of Brooklyn.

Posted by: brownstoner at June 24, 2009 9:43 AM

I'd pick 2 Montague Terrace as the premiere apt bldg in the Heighst, but still...

Posted by: denton at June 24, 2009 9:45 AM

I am with Mr. B 100% on this one. This is a building for the mega-rich. Beautiful apartment in a near-perfect location. My only complaint about the apartment is I'm not crazy about the long row of bedrooms; I would prefer them split up. But otherwise, this is a dream home.

Posted by: Biff Champion at June 24, 2009 9:47 AM

Close call, Denton...Now to the matter at hand: Who knows the contract price?

Posted by: brownstoner at June 24, 2009 9:47 AM

I agree rob. Except for the carpets, this place is quite poorly furnished & decorated. Maybe its because they have a number of young kids.

Posted by: daveinbedstuy at June 24, 2009 9:53 AM

I'd guess the seller was there for thirty years and got all the furniture at Thomisville or somesuch. Is this a guess? I guess $4,900.000.

Posted by: denton at June 24, 2009 9:58 AM

Denton, 2 Montague Terr is another absolute gem for sure, although I suspect for those who are most concerned about the impression the address of their home has on others, they would pick this one.

Posted by: Biff Champion at June 24, 2009 10:00 AM

Mr. B., put up a widget.

Posted by: daveinbedstuy at June 24, 2009 10:01 AM

Yes, it's nice. And handy to the Casino.

As for the interiors, Brownstoners must be of a younger generation not to "see" them.

My parents filled their places in the exact same way.

Very North Shore (Long Island) of a certain era.

And I'm still struggling to clear out all their stuff from the family apartment. How do you parse through 60 years accumulation?

As we used to say in Brooklyn: Oy Vey!

Posted by: NOP at June 24, 2009 10:12 AM

Widget's Law:

Final widget number * 1.25 = Actual Selling Price

Posted by: Biff Champion at June 24, 2009 10:13 AM

NOP, I'm curious to know based on your extensive knowledge and experience what would you consider the "trophy" residential building in Brooklyn, if you had to pick one?

Posted by: Biff Champion at June 24, 2009 10:16 AM

The loos are small for today's tastes.

Posted by: DeLepp at June 24, 2009 10:21 AM

Biff:

For quiet authority, it's probably this one, with 2 Montague Terrace, 161(?) Hicks at the corner of Montague Street, and the coperative at the intersection of Henry and Pierrepont rounding out the Heights' "top" addresses.

Back in the day, buildings like them almost never advertised, but were traded word-of-mouth and by "gentlemen's agreement" -- in other words WASP only. Because I've lost touch with the Brooklyn scene, I don't know if they're quite so exclusionary now. (Though looking at that interior, maybe things haven't changed!)

But personally I prefer the Rosario Candella and Emery Roth numbers on Grand Army Plaza and Prospect Park West. You can't beat them for location.

But on strictly architectural terms, there's Montrose Morris' Imperial Apartments on Grant Square, proving that occasionally there's justice. This building, which I truly believe rivals the Dakota in beauty, has been renovated as "affordable" apartments.

I'd live in any of them, including the Imperial, but I could only take what may parents left behind (and my siblings didn't want!).

Posted by: NOP at June 24, 2009 10:44 AM

I know someone who lives in this building. They have a full floor. This is one of 5 homes they own and they are a rather young couple with 2 kids...maybe early 40's. The wife is a knock out. I saw their pad once and it was pretty freakin' incredible.

Posted by: 11217 at June 24, 2009 10:54 AM

Oh and p.s. They are not "friends" of mine. At all. Just met them because they are on the board of an arts organization in the city. Just so you don't think I'm bragging about my friends. ;)

Posted by: 11217 at June 24, 2009 10:59 AM

11217, I have to say, I like the "new" you. Keep at it :o).

M4L will be so disappointed. You made his lunches very entertaining.

Posted by: Kensingtonian at June 24, 2009 11:01 AM

NOP, thank you for your response. I always love hearing your thoughts.

Posted by: Biff Champion at June 24, 2009 11:03 AM

Thanks Kens. I'm learning to play better in the online sandbox. ;)

Posted by: 11217 at June 24, 2009 11:11 AM

There was another one over here that I said would get ask. Where was it? This one doesn't compare.

***Bid half off peak comps***

Posted by: Brownstones Half Off at June 24, 2009 11:14 AM

Well, Biff, occasionally Brownstoner needs to hear from the "old heads."

Posted by: NOP at June 24, 2009 11:26 AM

Holy smoke, this is one old-school luxury building. (It's totally by the book. It's got the wing of entertaining rooms, the wing of servant/kitchen/butler pantry/pantry, the wing of bedrooms each with their own bath.)

I LOVE the decor. This is also totally old-school, 1960s, haute WASP cultured whatever. Yes, it has not been updated since the 1960s. I also like that. Rob and Dave, you are responding to the fact that it is out of date by your lights. If you look carefully, you will see the furniture is very nice. Good quality antiques, but not showy.

Posted by: mopar at June 24, 2009 2:43 PM

This place reminds me of the types of places St. Anne's house-parties were held when I would go with a friend to visit his wealthy former classmates. As a working-class kid who grew up in BK in the 80's early 90's this was how "the other half" lived. Def. very North Shore actually as well, furniture does reminds me of places I visited in Manhasset as a child.

Posted by: Joe from Brooklyn at June 24, 2009 4:57 PM

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