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154A Hicks Street Historic Brooklyn Heights Brownstone Income & End-User Opportunity
Discover a rare opportunity to own a distinguished Brooklyn Heights brownstone at 154A Hicks Street, offering timeless architectural beauty and exceptional investment versatility. Located just moments from the Brooklyn Heights Promenade, this stately 19th-century residence blends historic character with modern functionality.
Currently configured as five residential apartments and two professional offices, the property presents multiple pathways for ownership. Investors will benefit from strong income potential in one of New York City's most established and desirable neighborhoods. Professionals in medical, wellness, or creative fields have the unique opportunity to own their workspace while generating supplemental rental income. Alternatively, end-users may envision converting the property into a spectacular single-family townhouse, with the option to retain office or income-producing units.
Original details remain beautifully preserved throughout, including eight wood-burning fireplaces with marble mantels, soaring ceilings, and sun-filled rooms. Modern upgrades such as central air conditioning, in-unit laundry, and updated kitchens provide contemporary comfort while respecting the home's historic integrity.
Owned by a renowned contractor specializing in historic restorations, the property offers a rare advantage: the ability to customize or enhance the residence with expert guidance, whether optimizing income or creating a bespoke home.
Ideally positioned near the Brooklyn Heights Promenade, Brooklyn Bridge Park, and DUMBO, and surrounded by acclaimed restaurants, cafes, and boutiques. Major subway lines including the 2, 3, 4, 5, A, C, and R trains provide seamless access to Manhattan.
154A Hicks Street represents a rare combination of history, flexibility, and long-term value-an exceptional opportunity to own a legacy property in one of New York City's most prestigious neighborhoods.
Contact us for additional information or to arrange a private showing.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $5,200,000 | $5,200,000 | $5,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.361% | 6.203% |
| Monthly Tax Payment | $4,750 | $4,750 | $4,750 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $29,934 | $32,017 | $43,881 |
| Total Monthly Payment | $34,809 | $36,892 | $48,756 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.