Cobble Hill‘s name alone elicits thoughts of understated grandeur: beautiful brownstone buildings, tree-lined streets, and charming parks. And while the neighborhood is undoubtedly desirable, it also boasts a pretty high price tag. Our Deal of the Week, 439 Hicks St. #4A, proves there are deals to be found in Cobble Hill. And not just any deal, either, a deal with a fireplace and dishwasher!
Brooklyn Homes Under $650K on StreetEasyArticle continues below
Midwood
1801 Ocean Avenue
$499,000
2 |
1.5
Williamsburg
25 Meserole Street
$650,000
1 |
1
Flatbush
657 East 26th Street
$345,000
1 |
1
Columbia St Waterfront District
158 Sackett Street
$640,000
1 |
1
Homecrest
2229 Knapp Street
$229,000
1 |
1
Homecrest
2165 Brigham Street
$259,000
3 |
1
Midwood
1289 East 19th Street
$270,000
Studio |
1
Brighton Beach
3101 Ocean Parkway
$335,000
1 |
1
Bay Ridge
460 Ovington Avenue
$325,000
1 |
1
Homecrest
2270 Plumb 1st Street
$245,000
2 |
1
Brownsville
98 Herzl Street
$629,000
4 |
2.5
Bushwick
28 Saint Nicholas’ Avenue
$299,000
2 |
1
The Price: $475,000
The median asking price for a home in Cobble Hill, Brooklyn, was a whopping $2.6 million as of December 2021, according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced under one-fifth of the median asking price for the neighborhood!
Buyers who stick with the 20% minimum down payment of $95,000 can expect to see monthly payments of $2,350. This includes a mortgage payment of $1,610, common charges of $418, and monthly taxes of $322. That’s well under the median asking rent in Cobble Hill, $3,800 as of December.
Why You’ll Love It…
There is a lot to love here, but let’s start with the many, many windows which face east, west, and north thanks to the unit’s corner location. In the galley-style kitchen, you’ll find quartz countertops and stainless steel appliances, including the NYC holy grail: a dishwasher. The bathroom isn’t too shabby, either, with white subway tile, a freshly updated shower, and bath combo, and once again, a huge window with a perfect plant sill.
The living room and bedroom feature hardwood floors, and are both generously sized. There’s enough room for a small dining set in the living room, especially with the open entrance to the kitchen. You’ll also find a fireplace in the living room, which can double as a TV stand. Plus, there’s a closet in the bedroom.
This unit is located in Cobble Hill Towers, a six-building community that encompasses two gorgeous communal courtyards. Talk about Brooklyn dreams! The building also has bike storage, a laundry room, and a live-in super. Ample shopping and dining are just a couple blocks away, including favorites such as Joya, Mia’s Brooklyn Bakery, and Trader Joe’s.
Brooklyn Rentals Under $3,000 on STreeteasyArticle continues below
Coney Island
2905 West 17th Street
$2,682base rent
1 |
1
East Flatbush
1150 East 53rd Street
$2,600base rent
2 |
1
Brooklyn Heights
7 Montague Terrace
$2,500base rent
Studio |
1
Coney Island
2905 West 17th Street
$2,682base rent
1 |
1
Coney Island
2905 West 17th Street
$2,950base rent
2 |
1
Bushwick
416 Stanhope Street
$2,350base rent
1 |
1
East Flatbush
104 East 51st Street
$2,800base rent
2 |
1
Sunset Park
314 50th Street
$2,800base rent
2 |
1
Windsor Terrace
553 18th Street
$2,850base rent
1 |
1
Bay Ridge
7920 Fourth Avenue
$2,190base rent
1 |
1
Bay Ridge
351 73rd Street
$2,000base rent
1 |
1
Downtown Brooklyn
175 Willoughby Street
$3,000base rent
Studio |
1
… And Why You Might Not
All good things must come to an end. This unit is located on the third floor of a walk-up building. (But hey, at least it’s not the sixth.) Plus, the Brooklyn Queens Expressway is pretty much right outside the building’s doors, so you might get some unwanted noise — and the subway is almost a half-mile away.
Still, at this price, you’ll be hard-pressed to find a better deal in Cobble Hill.