111 Hicks Street #5-QR, New York City, NY 11201
Listing Courtesy of Nest Seekers LLC
$1,250,000
Potential Rebate: $18,750
Overview
LARGE OUTDOOR TERRACE, shared with only two other apartments! Welcome to Residence 5QR at 111 Hicks Street - a thoughtfully designed two-bedroom, two-bath home in the heart of Brooklyn Heights, one of New York City’s most historic and picturesque neighborhoods. Blending timeless elegance with modern functionality, the residence features responsibly harvested Brazilian cherrywood floors, abundant custom cabinetry, and generous closet space throughout - including a grand walk-in in the oversized primary suite. The bedrooms are thoughtfully separated to ensure privacy and flexibility. The show-stopping feature is the oversized outdoor terrace, shared with only two neighboring units, offering nearly 2,000 square feet of open-air space perfect for entertaining, dining al fresco, gardening, or simply relaxing in a serene, elevated setting. Additional highlights include a laundry room located directly adjacent to the unit for added convenience, and access to secure storage and bike rooms within the building. Residents enjoy the full-service benefits of 111 Hicks, including a 24-hour doorman and concierge, plus a panoramic roof deck with sweeping skyline, bridge, and harbor views. Perfectly situated just steps from the Brooklyn Heights Promenade, charming cafe´s, top restaurants, and multiple subway lines, Residence 5QR offers a rare combination of indoor comfort, outdoor space, and full-service living in one of Brooklyn’s most cherished neighborhoods. Just steps from the scenic Brooklyn Heights Promenade and the vibrant Brooklyn Bridge Park, this home offers effortless access to Manhattan via the 2, 3, 4, 5, A, C, and R trains - just one stop from your doorstep. Ideal for families, it is located within the coveted PS 8 school district, with esteemed private schools including Packer Collegiate, St. Ann's, and Brooklyn Friends all within easy reach. 58% of the maintenance fees are tax-deductible, offering a notable financial benefit. Residence 5QR delivers an unparalleled combination of luxury, convenience, and lifestyle, making it a rare opportunity to enjoy the best of Brooklyn Heights living.
Home Features
- •Building Washer Dryer Install Allowed
- •Building Multiple Locations
- •Common Area
- •Building Storage
- •Building Roof Deck
- •Private Outdoor Space Under 60 Sqft
Estimated Monthly Payment
$8,920 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$18,750
Monthly savings impact
$52/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Nest Seekers LLC
Data Source: TRESTLE #RLS20027284
Price Analysis
Compare average listing prices and value metrics for 111 Hicks Street against the surrounding Brooklyn Heights market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
69.32% Lower
than the Brooklyn Heights price average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Brooklyn Heights
Overview of Brooklyn Heights
Brooklyn Heights is the original suburb, America's first designated historic district, and arguably the most beautiful neighborhood in New York City. Perched on a bluff overlooking the harbor, it offers unbeatable views of Lower Manhattan and the Statue of Liberty. For buyers seeking Brooklyn Heights real estate, it is the pinnacle of stability, history, and elegance.
Living in Brooklyn Heights is serene. The streets are named after fruit (Pineapple, Orange, Cranberry) and lined with pristine pre-Civil War brownstones. As a premier Brooklyn NYC neighborhood, it feels timeless and removed from the city's chaos, yet is only one subway stop away.
Real Estate & Housing Market
The market for homes for sale in Brooklyn Heights is blue-chip. Listings range from $10 million+ townhouses to pre-war co-ops with harbor views. It is a retention market; people buy here and stay for decades.
Inventory is perpetually low because the entire neighborhood is landmarked, preventing new development. This scarcity protects property values.
Lifestyle & Community
The lifestyle in Brooklyn Heights is polished and quiet. Residents walk the Promenade at sunset, dine at Henry Street's bistros, and shop at the Borough Hall Greenmarket.
The community is a mix of literary figures, financial professionals, and families who want the best of both worlds: a village atmosphere with Wall Street proximity.
Transportation & Accessibility
Brooklyn Heights is a transit paradise. The Borough Hall hub offers access to the 2, 3, 4, 5, and R trains. The A/C stops at High Street.
The NYC Ferry at Brooklyn Bridge Park provides a scenic commute, though many residents simply walk across the Brooklyn Bridge to work in the Financial District.
Parks, Schools & Amenities
The Brooklyn Heights Promenade is iconic, but Brooklyn Bridge Park below offers active recreation (soccer, basketball, roller skating). The neighborhood is home to prestigious private schools like Packer and Saint Ann's.
Amenities are refined: bespoke tailors, independent bookstores, and high-end grocers populate Montague and Henry Streets.
Who This Neighborhood Is Best For
Brooklyn Heights is best for history lovers, Wall Street commuters, and families seeking a safe, postcard-perfect neighborhood with elite schools.
