Cobble Hill townhouse to hit market with $16M price tag

Property would snag the spot for the most expensive in the borough

TRD New York /
Oct.October 24, 2013 02:47 PM

A couple of Park Slope townhouse listings are battling to set a new record price for a Brooklyn single-family home and now, a new listing in Cobble Hill totaling more than 10,000 square feet is slated to get in on the action.

The property, at 177 Pacific Street between Court and Clinton streets, is set to come on the market today asking around $16 million, The Real Deal has learned. That’s $4 million more than the current Brooklyn record, which was set by a Brooklyn Heights property at 70 Willow Street in 2012.

Douglas Elliman’s Alexander Maroni and Bren Salamon, both of the firm’s Carroll Gardens office, have the listing.

Maroni called the property “the most exquisite renovation project” he’d ever seen in Brooklyn. “Getting 10,000 square feet in brownstone Brooklyn is virtually impossible,” he said. “On a price per square foot basis, [$16 million] is high, but it’s not unheard of high. It should be a record breaker.”

Other Brooklyn homes with potentially record-breaking price tags include a Federal-style townhouse at 104 Willow Street asking $12 million, the 50-foot-wide Tracy Mansion at 105 Eighth Avenue asking $15 million and a seven-bedroom property at 45 Montgomery Place asking $14 million.

The Tracy Mansion originally asked $25 million but later dropped its price.

The four-story carriage house on Pacific Street has four interior parking spots and amenities such as a 20-person movie theater, a gym, a wine cellar and bar, a 2,600-square-foot roof garden, and an outdoor kitchen and elevator.

There are six bedrooms and nine bathrooms as well as a 60-foot atrium, according to the listing.

The home is owned by 177 Realty Corp., a company with an address on Victory Boulevard in Staten Island. The company appears to have purchased the property for just $1.5 million in 2011, property records show, but Maroni said that figure was inaccurate. The resident’s identity was not clear, and Maroni declined to comment other than to say that the seller was New York-based and had spent close to $5 million renovating the property.

“He customized this house for himself to live in,” Maroni said, “but then decided he was willing to sell it.”

The Willow Street property was once home to famed writer Truman Capote.


Related Articles

arrow_forward_ios
John Giannone and Jac Credaroli (Credit: iStock)

Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans

Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans
Jacob Sudhoff and Scott Durkin (Credit: Sudhoff Companies, Emily Assiran, iStock)

Douglas Elliman is coming to Texas

Douglas Elliman is coming to Texas
Douglas Elliman chairman Howard Lorber (Credit: Getty Images and iStock)

Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax

Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax
Ed D’Ambrosio (center) with Dottie Herman and Rory Golod (Elliman, Twitter)

O Brother, where art thou? Dottie Herman’s brother leaves for Compass

O Brother, where art thou? Dottie Herman’s brother leaves for Compass
(iStock)

Manhattan apartment vacancy smashes 5% barrier

Manhattan apartment vacancy smashes 5% barrier
(iStock)

Suburban housing market surged in August while Manhattan trailed

Suburban housing market surged in August while Manhattan trailed
Douglas Elliman chairman Howard Lorber (Lorber by Chip Somodevilla/Getty Images; iStock)

Douglas Elliman’s New York revenues fall by half

Douglas Elliman’s New York revenues fall by half
In the Hamptons, the median sales price hit $1,080,000, up 9 percent over the first quarter (iStock)

Home prices set new records as inventory falls across Long Island

Home prices set new records as inventory falls across Long Island
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...