Friday, 22 April 2016

What $3M Buys In Brooklyn's New Most Expensive Neighborhood

A cool-hip townhouse on Tiffany Place characterizes Brooklyn's new most expensive neighborhood

To the shock and awe of many, Brooklyn's reigning most expensive neighborhood of Dumbo was beat for its title by the Columbia Street Waterfront District in the first quarter of 2016. The neighborhood, sandwiched between the BQE and the East River and just north of Red Hook, may seem like an unlikely champ ("A cynic might call this Mosesville," a NYT profile of the neighborhood quips referring to its eastern boundary of the BQE) but this is Brooklyn in 2016 and every square inch of the borough is an opportunity.

So, what kinds of listings are elevating the Columbia Street Waterfront District? A townhouse at 48 Tiffany Place hit the market this afternoon, asking an even $3 million which is kindasorta expensive for Brooklyn and examplar of the area's cool-hip-expensive vibe.

Nestled just off the beaten path, the townhouse comes with the possibility of building out the second floor to add a fourth bedroom. A 2013 renovation led to what the listing bills as a "beautiful, light, and eminently livable space" and that's in no small part thank to its ceiling heights, which reach as high as 17 feet, 10 inches.

The kitchen includes a six-burner commercial-grade range. A built-in liquor cabinet in the kitchen has room for nearly 50 of bottles of wine. The roof terrace is perfect for entertaining. Speaking of entertaining, the common areas have already been wired for sound. The F and G trains are a little more than half a mile away, but Pok Pok NY is around the corner.


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