$1,900,000
Updated 9 years ago
Sold

483 Hicks Street

Cobble Hill, Brooklyn | Kane Street & Degraw Street

8 Rooms4 Beds4 Baths3,000 Square FeetMulti-Family

$1,900,000
floors / apts4 / 4
Lot Size15'x88'
Built Size15'x49'
ZoneR6
Building TypeTownhouse
RE Taxes$4,697
Price Per SF
$633

This property was sold for $1,900,000 on 08/23/17.

Listing Features

  • Spiral Staircase

Outdoor space and views

  • Backyard
  • Deck
  • Skyline Views

Building Amenities

  • Roof Deck

Property Description for 483 Hicks Street

Excellent investment or Live/Invest Opportunity. This 4 story brick townhouse was completely gut renovated 8 years ago with all new mechanicals (separate gas boilers for each unit), electrical, facade work, roof, apartment interiors and common areas. Excellent location for rentals in the center of Cobble Hill and zoned for PS 29. Expenses are exceptionally low since tenants pay their own heat and all other utilities. The first two floors and basement are a two bedroom, two bath duplex with private yard. The upper two floors are each one bedroom floor through apartments, the top floor featuring a private roof deck accessed through the apartment. This home has been thoughtfully renovated with exposed brick walls, a large rear yard, roof deck with fantastic manhattan skyline views, renovated kitchens and baths and solid hardwood floors throughout. A perfect turn-key investment- 4.7% cap rate on conservative rent projections. Can be delivered vacant.

Listing History for 483 Hicks Street

Now
06/30/2017
Contract Signed by Lior Barak
Compass
06/30/2017
Back on the Market by Lior Barak
Compass

Building Details for 483 Hicks Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Bergen St
0.48 miles
Carroll St
0.49 miles

Citi Bike

Henry St & Degraw St
0.11 miles
Columbia St & Kane St
0.13 miles

Ferry

Atlantic Ave/BBP Pier 6
0.43 miles

Contact Agents

Contact Agents

Lior Barak
Compass

Cobble Hill | Brooklyn

Quick Profile

The neighborhood now known as Cobble Hill was originally settled by Dutch farmers in the mid-1600s. Tucked along the East River, in the heart of Brooklyn, Cobble Hill is known for its welcoming, leafy streets, independent mom-and-pop shops, and 19th century brownstones.

Most of Cobble Hill lies within an historic landmark district, and building heights are restricted to 50 feet, which helps maintain its 19th century atmosphere. Building owners will often split the use of their four- or five-story buildings, occupying several of the top floors and renting out the ground floor as apartments or, conversely, occupying one or more of the lower floors and renting out the top floors. New construction and alterations to existing buildings in the historic district require approval by the New York City Landmarks Preservation Commission, which helps maintain the historic character of the Cobble Hill neighborhood.

Although most housing in Cobble Hill consists of traditional brownstones and brick townhouses,, you will also find churches that have been converted to condos, carriage houses that have become luxury apartments and Victorian school houses that have been converted into lofts.

Court Street and Atlantic Avenue are the main commercial streets in the neighborhood. You will find popular Middle Eastern restaurants on Atlantic Avenue. Court Street is home to casual restaurants, many with outdoor seating, relaxed cafes and hip bars.

Many young professionals and families live in the brownstones, townhouses, and single-family homes that line the leafy streets. Cobble Hill is a great place to live if you work on Wall Street, as you can walk over the Brooklyn Bridge to work.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 65276TH