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]
CWB, I hear you (so to speak). Having lived in Manhattan above, below and next to noisy neighbors, I was so thankful when I moved to my place in BH and no longer had to deal with it any more. I don’t think I could go back at this point. I too would move to another neighborhood if I had to deal with noisy neighbors, but I’m very fortunate that I don’t. By the way, is Mrs. CWB still lurking here?
Biff – Yeh, certainly everyone has a different idea of X features are worth Y dollars. There are several Brooklyn neighborhoods I like more than the Heights because I want lots of restaurants and bars around, don’t care about children/schools in the slightest, and would STRONGLY prefer to have no one living above me.
I don’t think I ever said that other people should feel like me. I just said I don’t get the people who don’t. 😉
cwbuecheler, it seems we’re all agreeing to each his/her own, including the hundreds of thousands of rich people in Manhattan living in noisy apartments who could answer your question “if you were rich, why would you want to hear people stomping around above you?”.
(by the way, I hope Nostalgic on Park isn’t offended by your last paragraph!)
sam –
Even if I was rich, I wouldn’t own a condo in BH … if you were rich, why would you want to hear people stomping around above you?
THAL –
Thanks for your positive estimation of my intelligence. However, I don’t think I recommended going and buying a brownstone in Crown Heights or a house in Queens. The Prospect Heights historic district is very nice, and all of ten more minutes of a commute to Manhattan than Brooklyn Heights. If it were me, there’s no way I’d spend 1.5mm to live in Brooklyn Heights when I could get much more for the money in an area that’s still really nice, and very close to Manhattan.
Brooklyn Heights is arguably the best neighborhood in Brooklyn. I understand that. There are some amazing historic houses there, the promenade is awesome, and it’s one of the few places where you can let your kids wander unsupervised. Many people really like Brooklyn Heights, and for good reason.
But 1.5mm to live in a 2BR condo there? Not interested, no matter how much money I have.
That’s all I was saying.
For what it’s worth, I lived on the UES for three years also, and I’d never buy on Park Ave either. There’s nothing there except cabs and old people.
there are people who are in providence, des moines, etc saying, “for 1.5 mm you could get XXX here!” everyone has a different idea of where the line is when it comes to location.
I know so many people with kids in school in the heights who aren’t interested in taking the kids to school via subway. family-sized apartments will always have a market there. you just have to price it right!
THAL, you forgot to add that another alluring aspect of Brooklyn Heights for many of us who moved there is the “boring” peace and quiet we couldn’t find elsewhere, particularly in Manhattan. It’s very nice being in a peaceful neighborhood while still being so close to more “happening” areas like DUMBO, Park Slope, Cobble Hill, Boerum Hill, Manhattan, etc.
However, I can understand why one would want to live in Crown Heights or BedStuy. There are some absolutely stunning homes in those areas and I can appreciate why people would prefer to buy an entire brownstone there vs. a 2 or 3 bedroom apt. in BH. Everyone has their own tastes and brownstones in CH and BS are worlds apart from the homes in Queens and Long Island and most anywhere else in the U.S. for that matter.
First of all some people on here are clueless…
EXAMPLE:
“but owning my own building a little further into Brooklyn definitely trumps only owning a duplex in BH. Honestly, I don’t even like BH that much. It’s kind of boring. :)”
People buy a place to be in an area. There are a ton of brownstones in bedstuy and crown heights for 500k but who the hell would want to live there. Or buy a house on Long Island 1hr from the city then you can have youir own yard. People want convenience and a great area. I dont live in Brooklyn Heights but its by far the nicest area of Brooklyn yes it doesnt have a ton of restaurants/bars but its one stop to city and borders BH and CH and Dumbo…
Or you can go buy a house In Bensonhurst… People are so clueless sometimes. What about co-ops on Park Ave???? I guess those people should buy a house in Queens to own there own space…
I cant believe I even replied to this person but whateva…
Wine lover, is that cobble or clinton? 650K for a bstone in cobble hill in 97 was a good deal. A nice one in the slope was 600K by then. Just curious.
Some of you guys just don’t get it. Brooklyn Heights is for rich people, It isn’t for regular middle-class people looking to fulfill their American dream of home ownership.