Co-op of the Day: 110 Hicks Street, Reduced Again
It’s been a tough slog for the lower duplex at 110 Hicks Street. Since getting listed back in October for $2,400,000, the price of the brownstone two-bedroom has been reduced twice, most recently from $1,990,000 to $1,850,000. (It was listed as part of a larger combination last summer.) We suspect this is getting pretty close…
It’s been a tough slog for the lower duplex at 110 Hicks Street. Since getting listed back in October for $2,400,000, the price of the brownstone two-bedroom has been reduced twice, most recently from $1,990,000 to $1,850,000. (It was listed as part of a larger combination last summer.) We suspect this is getting pretty close to a market clearing price, given what a stand-alone townhouse in this part of Brooklyn Heights would run you. Think this most recent cut will get the deal done?
110 Hicks Street, Unit 1 [Douglas Elliman] GMAP
Co-op of the Day: 110 Hicks Street, Reduced [Brownstoner]
Co-op of the Day: ‘Spensive on Hicks [Brownstoner]
in contract
I went to a open house at this place a couple weeks ago and upon entering it I had the highest hopes. It’s dripping with pre-war detail: fireplaces, mantels, chandeliers, hardwood pocket doors, even a painted mural on the vaulted ceiling. The kitchen is very modern and quite exquisite. But it all end there. The powder room feels like it’s built inside a tiny pantry, you have to walk downstairs to get to the bedrooms and the staircase is steep and narrow. The bedrooms are not comfortable, the tub in the children’s bathroom looks more like a handicap bathtub and the washer/dryer door bumps into the bathroom door. The home office is a weird plywood attachment and the convertible nursery room is a laughable walk-in closet. There’s also a big fence blocking one’s entrance to the garden, which otherwise would be a lovely retreat. I’ve been to similar townhouses in the area for $1.6M and I’m still waiting for those to drop a bit. I don’t know, if the owners could pay an architect to draft up a good renovation plan, I’d take a look at the blueprints and consider plopping down $1.4M
Not too many good Italian joints in the Heights. We eat Chinese food or plates of fresh cash here.
Why is everybody so nasty? It’s an expensive apartment but it’s in a nice neighborhood.. It’s $10K a month but if you’re in the max tax bracket, it’s about 5K real dollars, which is probably cheaper (or as cheap) as rent. Of course you can get twice the house (or more) for the same money in Connecticut. You could get 10 times the house in Ames, Iowa. If you like Italian food, you’d rather live on Hicks Street.
Back in the Bush I recession, banks would not lend on a small co-op. If one owner had problems it could bring down the whole building. I would think that this may be the case today.
what’s up with the brokers on this place? scarey and frankly that woman june is a bottom feeding predator (sorry, bad experience with her…)
oye. BH is beautiful and has nothing to offer. Park Slope is beautiful and has everything to offer. Interesting that a 3 bedroom on PPW (white glove building) is asking 3.5M and a 2 bdrm plus (small, self managed building) is askng 1.8M.
These prices are ridiculous no matter where you are so stop bickering about BH vs. PS and realize what you can get for that money in Connecticut!!!!
All you people passe enough to put in recessed lighting are SO embarrassed. Just shuddup already and get on with making the rest of your house look like a hair salon too.
i have friends that bought a lower duplex in a coop in the south slope a few years back, at the time, is was $420K – maybe in 2004ish? that’s a reasonable amount of money, now, a 30 something couple has to have way more cash. their place, with an addition – would probably be worth at least $900 although perhaps it is a million.