Co-op of the Day: 110 Hicks Street
This is our fourth post on 110 Hicks Street since two of the units came on the market more than a year ago. In that time, both the lower duplex and the 2nd-floor one bedroom have had their asking prices reduced numerous times. Both units got trimmed again this week, bringing the duplex down to…
This is our fourth post on 110 Hicks Street since two of the units came on the market more than a year ago. In that time, both the lower duplex and the 2nd-floor one bedroom have had their asking prices reduced numerous times. Both units got trimmed again this week, bringing the duplex down to $1,550,000 from a starting price of $2,400,000 in October 2007 and the one-bedroom to $650,000 from an original $795,000. Where does it stop?
110 Hicks Street, 1 BR [Douglas Elliman] GMAP
110 Hicks Street, Duplex [Douglas Elliman] P*Shark
Co-op of the Day: 110 Hicks Street [Brownstoner]
Co-op of the Day: 110 Hicks Street, Reduced Again [Brownstoner]
Co-op of the Day: 110 Hicks Street, Reduced [Brownstoner]
Co-op of the Day: ‘Spensive on Hicks [Brownstoner]
I stand corrected, this is a 4-unit building: the lower duplex and 3 floor-throughs.
The teeny tiny one bedroom is simply adorable, even with no entry, and I would gladly pay $125,000 or $150,000 for it, if it were in a quieter neighborhood with better parking and restaurants.
Rich people do not engrave their name on their stationary, only their address.
This is a Miss Manners moment brought to you by Sam.
Bottom line, neither of these is a good deal. 1.5m could buy any number of 3brs throughout BH, on much quieter streets. This location isn’t good at all, right across from the St. George. It’s a taxi-chute half the day.
“What rich people care about is a good address, and to be near other rich people. They don’t give a rat’s ass about footsteps above them or below them. Trust me, they have their weekend retreats for peace and solitude.”
sam, I agree with you for the most part, which is why I pointed out above that there are tons of rich people, especially in Manhattan, who are willing to put up with noise to live in a building they deem desirable. But there are certainly rich folks in BH who prefer quiet surroundings, even during the week, which is why (amongst other reasons) they would rather pay millions for a brownstone than millions for a penthouse at One BB Park or 1 Pierrepont Street.
I think right Sam people in that live in affluent area neighborhood drop all the time. When I was looking to buy I was only looking in Park Slope , Prospect Heights and Ft Greene but everything I lived was way out of my range or just too small. I wanted space and nice architecture so Stuy-Heights became the place for me… I got a whole brownstone for the same price as a condo and very happy with that and my commute is the same as when I lived in PS thanks to the A.
@Biff — of course! I don’t speak as much as the hubby, but I’m pretty obsessed with Brownstoner (I tried to abbreviate that as BSer, bad idea) myself.
Biff – She peeks in on occasional threads but is not as regular a reader as I am. 🙂
Sam – Well, I am not rich, and do not know the rich (not in this city anyway), so I’ll have to take your word for it!
What rich people care about is a good address, and to be near other rich people. They don’t give a rat’s ass about footsteps above them or below them. Trust me, they have their weekend retreats for peace and solitude.