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Off market
  • $5,132,200

    505 Hicks St, Brooklyn, NY 11231

    0beds
    0baths
    4,408sqft
    Townhouse
    Built in 1900
    1,958 Square Feet Lot
    $5,132,200 Zestimate®
    $1,164/sqft
    $7,399 Estimated rent

    Home value

    $5,132,200

    $4.26M - $6.16M

    $7,399/mo

    Zestimate® history
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    Owner options

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    $7,399/mo

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    Rent Zestimate®

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    $30,490/mo

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    $30,490/mo

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    What's special

    ONE OF THE BEST VALUES IN COBBLE HILL. This huge four story brick townhome is nearly 22' wide and is located steps to the very best that Cobble Hill offers. IT WILL BE DELIVERED VACANT. This home has had substantial high quality upgrades to the electical, plumbing, and heating but needs minor cosmetic upgrates. This home could be a wonderful primary residence or it could be a superb investment property. Currently configured as a garden/parlor duplex with two rentals overhead, you can easily live in the apartment of your dreams and collect $7,000 in rental income. Alternatively, this property would generate approximately $150,000 per year solely as an investment property. EACH UNIT PAYS IT'S OWN HEAT, so expenses are extremely low. Located between Kane and Degraw Streets, this property is very close to Court Street, Brooklyn Heights, Brooklyn Bridge Park, excellent schools, public transportation, and more. A superb value for a savvy buyer.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 4,408 sqft

    Property

    Lot
    • Size: 1,958 sqft
    Details
    • Parcel number: 003210009

    Construction

    Type & style
    • Home type: Townhouse
    Condition
    • Year built: 1900

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    6/30/2014Sold$2,335,000-6.6%$530/sqft
    Source: Public Record Report a problem
    5/10/2014Pending sale$2,499,000$567/sqft
    Source: Douglas Elliman #1758835 Report a problem
    5/10/2014Listed for sale$2,499,000+66.6%$567/sqft
    Source: Douglas Elliman #1758835 Report a problem
    3/19/2014Sold$1,500,000+7.1%$340/sqft
    Source: Public Record Report a problem
    3/13/2010Listing removed$1,400,000$318/sqft
    Source: RE/MAX AT THE SLOPE #348096 Report a problem
    10/16/2009Price change$1,400,000+7.7%$318/sqft
    Source: RE/MAX AT THE SLOPE #348096 Report a problem
    10/9/2009Price change$1,300,000-7.1%$295/sqft
    Source: RE/MAX AT THE SLOPE #348096 Report a problem
    10/3/2009Listed for sale$1,400,000+409.1%$318/sqft
    Source: RE/MAX AT THE SLOPE #348096 Report a problem
    1/23/2006Sold$275,000$62/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,030 +4.5%$289,320 +26.6%
    2024$19,162 $228,540 -10%
    2023-- $254,040 +4.8%
    2022-- $242,520 +20.4%
    2021-- $201,360 -17.5%
    2020$17,257 +6%$244,140 +25.8%
    2019$16,280 +7.3%$194,100 +167.5%
    2018$15,179 +2.6%$72,559
    2017$14,791 +7.4%$72,559 +0.8%
    2016$13,775 $72,014 +6%
    2015$13,775 +273.4%$67,938 +6%
    2014$3,689 $64,093 +6%
    2013-- $60,466
    2012-- $60,466 +0.8%
    2011-- $60,012 +6%
    2010-- $56,616 +6%
    2009-- $53,412 +6%
    2008-- $50,389 +44.1%
    2007-- $34,957 +7.9%
    2006-- $32,386 +8%
    2005-- $29,988 +7.1%
    2004-- $27,989
    2003-- $27,989 +4.1%
    2002-- $26,890 +7.9%
    2001-- $24,913 +8%
    2000-- $23,068

    Find assessor info on the county website

    Neighborhood: Cobble Hill

    Nearby schools

    GreatSchools rating