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]
you move here after your kid has been admitted.
(no wonder you were shut out… not too smart!)
The kitchen is nice. . . .
Alternatively, a condo under the BQE for only $1.75M:
http://realestate.nytimes.com/detail/44-1194322
If a price cut (from ask) on a duplex down to $1.85 million is taken as a sign of crashing Brooklyn real estate values then I’m feeling good about owning a house.
Moving to Brooklyn Heights to raise a family is a real bonehead move right now. There are no spots in the schools. You practically have to bribe the admission committee to even see you (before turning you down).
If there is no sibling already in the school or if one of the parents is not an alum, forget it.
And PS 8 sucks, and it has become overcrowded too.
Having a kid in Brooklyn Heights is as difficult and as expensive as having a car there.
the garden is nice — you gotta give that to them
I am a seller of bridges in Brownstone Brooklyn. We have experienced very strong interest in our product over the past few weeks. I am sure a willing and able buyer will show up soon.
don’t hold your breath
I am a seller of real estate in Brownstone Brooklyn. We have experienced very strong interest in our product over the past few weeks. Mostly young couples from Manhattan looking for a place to raise a family. The majority of which are employed in the finance industry. While this particular co-op might be overpriced considerate of its condition versus say newer condo product, it is still priced at a significant discount to similar sized Manhattan real estate. I am sure a willing and able buyer will show up soon.