House of the Day: 74 Hicks Street
[nggallery id=”54117″ template=galleryview] The 25-foot-wide house at 74 Hicks Street just hit the market asking $6,500,000 and it’s a beauty. It’s clearly undergone a high-quality (and tasteful) renovation that preserved the old floorboards while spiffing up the kitchen and bathrooms. It’s currently configured as an owner’s triplex over a garden-level rental though with a price…
[nggallery id=”54117″ template=galleryview]
The 25-foot-wide house at 74 Hicks Street just hit the market asking $6,500,000 and it’s a beauty. It’s clearly undergone a high-quality (and tasteful) renovation that preserved the old floorboards while spiffing up the kitchen and bathrooms. It’s currently configured as an owner’s triplex over a garden-level rental though with a price tag like this it’s going to take more than a few thousand dollars of rental income to take the edge off that mortgage! As for the asking price, here’s where we stand: We’ve got absolutely no idea whether they’ll get it. Seems like a lot, but this is a fall-in-love-and-move-right-in situation so you never know.
74 Hicks Street [Douglas Elliman] GMAP P*Shark
Checking the NYC rolling sales data, I see that a house close-by to this one sold for $6.2mln a year ago, but it was on a smaller lot and had less square feet. Maybe $6.5mln is not so crazy after all. It certainly seems within the realm of reality when compared to previous sales prices of homes of this caliber. Back in, I believe 2007, a renovated 25 foot house on Willow Street sold for $8 mln.
“Minard – sorta like Kato Kaelin living in the OJ compound?”
There’s a alley next to this house for all your bloody glove disposal needs.
Minard – sorta like Kato Kaelin living in the OJ compound?
This is a stunning house and very tastefully done. The renovation respected the original main rooms, which have been restored, while the kitchens and bathrooms are modern, but relate in a nice way to this historic character of the house. Gorgeous.
more4less….curbed.com said something about $3800 being an asking price for the rental unit when it was on the market in 2006.
the separate apt does not have to be an income-producing rental. It could be a guest apartment or an apartment for a grown child or for staff. People like this aren’t in town much so having someone in the house watching over things is a plus. I think they will get close to ask. The super-rich are richer than ever, probably because they have stolen the rest of us blind.
any idea what is the rent on that garden unit?
Good to have the separate garden apartment for when MIL visits.
quote:
$32K monthly mortgage payment.
that’s nuts. coconuts!
*rob*
Nice place. Good to have the rental to knock a couple thou off the $32K monthly mortgage payment.