Co-op of the Day: 200 Hicks Street
This three-bedroom co-op at 200 Hicks Street in Brooklyn Heights is gorgeous. The recent renovation managed to inject a modern, light feel to the place without stripping it of its prewar character. (For some reason, we don’t even mind the recessed light–perhaps because it’s embedded in the soffit.) While the listing doesn’t say so explicitly,…
This three-bedroom co-op at 200 Hicks Street in Brooklyn Heights is gorgeous. The recent renovation managed to inject a modern, light feel to the place without stripping it of its prewar character. (For some reason, we don’t even mind the recessed light–perhaps because it’s embedded in the soffit.) While the listing doesn’t say so explicitly, we’re guessing that this is the ground floor unit, based upon the shape and size of the windows. This is the only negative we can find with this place, but it may prove to be a meaningful one given the asking price of $1,995,000. Thoughts?
200 Hicks Street [Brown Harris Stevens] GMAP P*Shark
“If you would have told me that conversations where 2 million dollars buys you an apartment in Brooklyn would exist twenty years later, I would have said you were nuts.”
Please join us in the 21st Century where there are 2 million dollar apartments in Los Angeles, Chicago, Seattle, St. Louis, Baltimore (the new Ritz Carlton condos are sweet!), Washington DC, Austin, Texas, and yes…even in this silly little podunk town called New York City.
Imagine that!!
3:03. no, they’re not. they’re moving to London.
I think recessed lighting is perfectly appropriate for this type of rehab. Did someone want to hang a period brass combination gas/electric one with matching wall sconces??
Thanks for bringing it up Nokilissa.
I am 46 years old, a native of Brooklyn and bought my 4 bed 2 bath Bay Ridge house twenty years ago for 169k. If you would have told me that conversations where 2 million dollars buys you an apartment in Brooklyn would exist twenty years later, I would have said you were nuts. What is even nuttier is that people talk about this with barely an outrage. Let’s see 2 million plus maintenance, neighbors on the 2nd floor walking above you, roaches (they live in every apartment building, whether you see them or not) and people leering into your apartment, where do I sign up?
200 Hicks is an “important address” like 1 Pierrepont and 2 Montague Terrace. This is the smallest apartment in the nicest building. Believe it or not, for a certain segment of the population this IS their starter apartment. Close to the Casino. Close to Grace. Close to the subway to Wall Street.
It’s like buying a shack “south of the highway” instead of big place on land north. There are people for whom that is just not how it’s done.
Nice building, nice apartment. Nice alternative to a $2.75m house for someone who doesn’t need the extra space or headaches of ownership. Low deductibility on maintenance suggests it is going to maintain the building — all those white gloves — rather than to an underlying mortgage, so probably the building financials are sound.
Still, it costs approximately 15k/month, even assuming a very low opportunity cost on the downpayment and ignoring the likelihood of price declines. For that price, I’m not seeing it.
The people selling this are moving to the Vermeil (condo) in Park Slope.
Are the pics pre- and post- staging? The chairs seem to have changed between the pics.
This is going to be like the co-op at One Pierrepont that was universally hated here (who would pay THAT?) and was in contract within the week. Brownstoner readers don’t get this kind of place — but there is an audience