173 Hicks Street #3D
About This Property
The best of Brooklyn is at your doorstep. This charming 1-bedroom co-op, nestled in a meticulously maintained elevator building, marries the quintessential Brooklyn charm with modern conveniences and ease.
Step inside this well-appointed apartment and be greeted by gorgeous hardwood floors that grace the entirety of the space. Natural light pours in through sun-flooded windows that overlook the serene Love Lane.
The generously sized bedroom easily accommodates a king-sized bed, while custom closets and abundant storage ensure everything has its designated place. The recently renovated kitchen boasts stainless steel appliances, including a convenient dishwasher, and ample cabinets to maximize storage and functionality.
Recent upgrades to the building include a new elevator and boiler – installed within the last five years - and a refurbished lobby and hallways and newly installed lockers in the laundry room. The building has a central laundry room in the basement. The building is wired for both Spectrum (TWC) and Verizon FiOS.
The co-op has no underlying mortgage. Cats are welcomed, but dogs are not permitted. Subletting is allowed after two years of primary residence. Co-purchasing, gifting, and pied-a-terres are approved on a case by case basis.
Located on a charming block, you'll have easy access to shops, restaurants, and Manhattan via nearby subway lines (A/C, 2/3, 4/5, M and R). Explore the iconic Promenade and Brooklyn Bridge Park within walking distance. Welcome home.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 25, 2024 | Sold | $643,000 | |
Sold | |||
Jan 29, 2024 | In contract | - | |
In contract | |||
Jan 3, 2024 | Relisted | $660,000 | |
Relisted | |||
Jan 3, 2024 | Price Decreased |
$649,000
↓ $11K
(1.7%)
|
|
Price Decreased | |||
Dec 20, 2023 | No longer available | - | |
No longer available |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/08/2024
|
Studio
|
1 Bath
|
-
|
$300,000
Studio
1 Bath
|
-
-
|
-
|
Jake Mann
Real Street Inc.
|
|
09/15/2023
|
1 Bed
|
1 Bath
|
-
|
$675,000
1 Bed
1 Bath
|
$643,000
-4.74%
04/25/2024
|
-
|
Daniel Chun
Compass
|
|
04/18/2023
|
1 Bed
|
1 Bath
|
-
|
$629,000
1 Bed
1 Bath
|
$625,000
-0.64%
08/25/2023
|
-
|
Courtney Hopper
Cooper & Cooper Real Estate LLC
|
|
11/11/2022
|
2 Bed
|
2 Bath
|
-
|
$1,595,000
2 Bed
2 Bath
|
$999,000
-37.37%
03/10/2023
|
-
|
Michael Patti
Nest Seekers International
|
|
05/17/2022
|
1 Bed
|
1 Bath
|
-
|
$639,000
1 Bed
1 Bath
|
$616,000
-3.60%
01/19/2023
|
-
|
John Edwards
The Corcoran Group
|
|
07/21/2021
|
1 Bed
|
1 Bath
|
-
|
-
1 Bed
1 Bath
|
$605,000
02/28/2022
|
-
|
Abigail Palanca
Serhant
|
|
02/25/2021
|
2 Bed
|
2 Bath
|
-
|
$1,500,000
2 Bed
2 Bath
|
$1,520,000
+1.33%
06/18/2021
|
-
|
Lesley Semmelhack
The Corcoran Group
|
|
01/15/2021
|
1 Bed
|
1 Bath
|
-
|
$699,000
1 Bed
1 Bath
|
$685,000
-2.00%
05/12/2021
|
-
|
Calvin Gladen
The Corcoran Group
|
|
05/28/2018
|
1 Bed
|
1 Bath
|
-
|
$639,000
1 Bed
1 Bath
|
$639,000
10/17/2018
|
-
|
Timothy Rettaliata
Corcoran Group
|
|
06/14/2017
|
2 Bed
|
2 Bath
|
-
|
$1,150,000
2 Bed
2 Bath
|
$1,150,000
11/17/2017
|
-
|
-
|
|
02/08/2017
|
1 Bed
|
2 Bath
|
-
|
$899,000
1 Bed
2 Bath
|
$890,000
-1.00%
06/07/2017
|
-
|
12 East 13th Sales Center
Cantor & Pecorella Inc
|
|
03/30/2016
|
2 Bed
|
2 Bath
|
-
|
$1,550,000
2 Bed
2 Bath
|
$1,550,000
01/01/2017
|
-
|
Lisa Detwiler
The Corcoran Group
|
|
10/19/2015
|
2 Bed
|
1.5 Bath
|
1014 ft²
|
$1,520,000
2 Bed
1.5 Bath
1014 ft²
|
$1,520,000
02/05/2021
|
-
|
Katherine Camp
Compass
|
|
03/30/2015
|
1 Bed
|
1 Bath
|
-
|
$480,000
1 Bed
1 Bath
|
$525,000
+9.38%
07/14/2015
|
-
|
Yesim Numanbayraktaroglu
Douglas Elliman Real Estate
|
|
03/13/2014
|
2 Bed
|
2 Bath
|
-
|
$790,000
2 Bed
2 Bath
|
$790,000
02/05/2021
|
-
|
Natalie Rabaa
Brown Harris Stevens Brooklyn LLC
|
|
01/22/2014
|
1 Bed
|
1 Bath
|
-
|
$495,000
1 Bed
1 Bath
|
$495,000
02/05/2021
|
-
|
Andrew Vandusen
Brown Harris Stevens Brooklyn LLC
|
|
10/02/2012
|
1 Bed
|
1 Bath
|
-
|
$445,000
1 Bed
1 Bath
|
-
-
|
-
|
Ronald R Emenheiser
Halstead Property, LLC
|
|
03/20/2012
|
1 Bed
|
1 Bath
|
-
|
$440,000
1 Bed
1 Bath
|
$440,000
02/05/2021
|
-
|
Andrew Vandusen
Brown Harris Stevens Brooklyn LLC
|