NOT LISTED FOR SALE

Estimated Value: $5,335,000 - $6,900,909

6 Beds
4 Baths
4,320 Sq Ft
$1,455/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $4,300,000 $995 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $36,902/month

179 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Clark Street
  • 2-minute walk to Pierrepont Playground
  • P.S. 8 Robert Fulton Rated A

About This Home

As of April 2019

DOUBLE DUPLEX. Resting squarely within the Brooklyn Heights Historic District, 169 Hicks Street is a 25 ft wide, 4 story, two family double duplex brick, and brownstone home. Located a couple blocks from the Promenade, Brooklyn Bridge Park, and Montague Street, this townhouse has been well maintained in keeping its old-world details. Move right in and collect rental income, or renovate and configure to a grand single-family home with the option of using over 4000 sqft of usable FAR. Entering up the stoop and into the vestibule, the house is smartly divided with two entry doors leading to its respective duplexes. The door to the left leads to the parlor floor and the lower duplex- featuring breathtaking ceiling heights of approximately 13+ feet, a wood burning fireplace in the front parlor, a wellscaled dining room, an eat-in kitchen with adjoining walk-through pantry, and a powder room. The deck off the kitchen leads down to the garden for al-fresco dining. The garden level has two king-sized bedrooms both with ensuite bathrooms, and one has a full-width dressing room and garden access. The upper duplex has an updated open kitchen with subway tile backsplash, a garden facing dining room, a huge, east facing living room with decorative fireplace, floor to ceiling built-in bookshelves, a powder room, and two home offices. The top floor offers 3 bedrooms including one with a walk-in dressing room (convertible to a 4th bedroom). A shared hall bath and a large oculus skylight round out this floor. 169 Hicks Street is located in a neighborhood rich with history. Block after block of stately brick and brownstone houses look much as the community did at the start of the Civil War, with ample amenities and transportation and recreation options nearby.

Last Agent to Sell the Property

Karen Talbott

Corcoran Group License #40ta1034219 Listed on: 09/03/2018

Corcoran Group

Co-Listed By

Kyle Talbott

Corcoran Group License #10301207778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,895

Year Built

  • Built in 1841

Lot Details

  • 2,439

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 4-Story Property
  • Lot Dimensions are 100.0 x 25.0

Community Details

  • 2 Units
  • Brooklyn Heights Subdivision

Listing and Financial Details

  • Tax Block 236

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,895

Year Built

Built in 1841

Lot Details

0

Listing Details

  • Cross Street: Clark Street & Love Lane
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Brooklyn Heights
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Rooms (Total): 13

Beds/Baths

  • Bathrooms Integer: 4
  • Bedrooms: 6

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 100.0 x 25.0

Building Info

  • Units: 2
  • Total Stories: 4
  • Year Built: 1841

Tax Info

  • Tax Block: 236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2018
Closed on
Apr 1, 2019
Sold by
Estate Of Jerome Pollack
Bought by
169 Hicks Llc
Seller's Agent
Karen Talbott
Corcoran Group
List Price
$6,250,000
Sold Price
$4,300,000
Premium/Discount to List
-$1,950,000
-31.2%
Current Estimated Value
$6,284,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,984,636
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,500,000
Outstanding Balance
$1,326,801
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,083,070

Purchase Details

Closed on
Dec 18, 2012
Sold by
Pollack Jerome and Pollack Risa
Bought by
Pollack Jerome and Pollack Risa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,469
Interest Rate
3.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
169 Hicks Llc $4,300,000 --
Pollack Jerome -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 169 Hicks Llc $1,500,000
Previous Owner Pollack Jerome $6,469
Previous Owner Pollack Jerome $50,000
Previous Owner Pollack Jerome $244,897
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $4,300,000 -31.2% $995 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
09/03/2018 09/03/18 For Sale $6,250,000 -- $1,447 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,895 $474,720 $98,220 $376,500
2024 $31,895 $494,100 $98,220 $395,880
2023 $30,426 $469,440 $98,220 $371,220
2022 $28,215 $396,660 $98,220 $298,440
2021 $29,744 $435,000 $98,220 $336,780
2020 $14,675 $527,460 $98,220 $429,240
2019 $27,390 $432,780 $98,220 $334,560
2018 $25,152 $124,844 $32,465 $92,379
2017 $23,710 $117,780 $28,846 $88,934
2016 $23,236 $117,780 $35,068 $82,712
2015 $13,181 $116,894 $35,881 $81,013
2014 $13,181 $110,278 $31,790 $78,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10413016

Real Estate Board of New York (REBNY)

APN: 00236-0081