New Construction Townhome @ 314 Hicks Street On The Market For $4.6M (-$1.6M)

By on June 5, 2012 4:40 pm in Development, Real Estate

The five-level new construction townhome at 314 Hicks Street and State, which hit the market in January for $6.2 million before completion, is now listed with Corcoran for a somewhat more palpable $4.6 million.

The red brick townhouse (including garden level) was one story from topping out back in January, and now is getting its finishing touches for summer 2012. The listing notes: “The perfect marriage of traditional brownstone architecture and triple mint new construction. This unique new home is the first new landmark townhouse to be built in Brooklyn Heights in decades.”

Inside: a garden level eat-in kitchen and family room, which leads through French doors to a private yard and parking. On the Parlor level are a butler’s pantry, living and dining areas, storage, powder room and gas fireplace. The master bedroom floor has a large walk through closet, en-suite 5-piece carrera bath with polished nickel finishes, plus a den or 5th bedroom. The top floor has 3 bedrooms and 2 baths plus laundry. Also, a finished basement, elevator and central air.

Landmarks approved the design for the new building in 2007, but construction didn’t begin until 2011. Developers Gordon Kahn, Bilotta Kitchens and ZMK Group also renovated the townhouse next door at 45 State Street, which sold it for a cool $3 million. The two lots were purchased for $10.5 million.

Below: In January (photo: Chuck Taylor)

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  • Cranberry Beret

    The $6.2 million wasn’t a current listing. That was from the 2008 marketing effort before the new house was built. Also, I assume when you wrote “The two lots cost $10.5 million” you meant, the builder tried to sell the two houses for that much. The builder bought the existing house and empty lot for much less.

  • Traditionalist

    Townhouse? Please. To refer to this soulless brick box as a townhouse is a slap in the face of every townhouse that ever had even a scintilla of charm and character! I will wait to see the interior photos before opining, but I am not impressed by the “gas” fireplace. What ever happened to good, old wood burning fireplaces? How many square feet is it?

  • HeightsGuy

    If you walk by, you’ll see that it has already “topped out,” but there is no fifth floor. The listing photo shows five floors, but the actual building does not have that extra floor. Does anybody know what happened to the missing floor? Also, the listing itself is confusing. The broker explains that a room on the master bedroom floor could be used as a fifth bedroom, but elsewhere in the listing it says that the fifth floor has the fourth and fifth bedrooms.

    Corcoran, what on Earth is going on with this building? It is very confusing.

  • HeightsGuy

    To be more precise, the description of the building on Corcoran’s website says that a room on the master bedroom floor could be used as a den or a 5th bedroom. If you click the “view set-up” link, the description says that the 4th & 5th bedrooms are on the 5th floor.

    Again, I ask: what 5th floor? There’s no mention of it in the description of the building on the listing page. There is no evidence of a 5th floor if you look at the actual building. The Set-up mentions a 5th floor and the graphic used by Corcoran on the listing page shows a 5th floor.

    This seems like sloppy work done by an inexperienced real estate agent.

  • Jorale-man

    I like that it has a “butler’s pantry.” Would a Brooklyn homeowner really have a butler? I’ll be curious to see the interior photos – they’d have to spend a pretty penny on the materials to justify that price.

  • Will Pill

    “The hottest new corner of Brooklyn Heights”? Gaaag.

  • mtobe

    Does anybody have an answer to the question about the missing floor?

    Perhaps the real estate agent would like to chime in?

  • John

    Seems pretty simple. There is the basement, Garden level (1), parlor level (2), 2nd floors (3), 3rd floor (4), and 4th floor (5).

  • Cranberry Beret

    The old rendering shows an extra story that wasn’t built, but the description and floor plan are correct.

  • eg

    The old name of Butler’s Pantry, when there are no longer any butler’s, is where they store the silver, china or any other household goods which cannot all be displayed in the dining room. Basically storage.

  • Jorale-man

    @eg thanks for the clarification. Good to know!

  • mtobe

    Perhaps the elimination of the top floor is what accounts for the lowered price from their original a few years ago. I wonder why they didn’t build that floor if they had DoB & Landmarks approval to do so.