What is the story about?
What's Happening?
A historic brownstone located at 205 Clinton Street in Cobble Hill, Brooklyn, is on the market for $22 million following a comprehensive two-year renovation led by architect Mike Ingui. The five-floor townhouse, originally built in the 1850s, has been meticulously rebuilt while preserving its historical frame. The renovation includes modern amenities such as a basement wine cellar, a rooftop deck, and smart home features like a 12-zone HVAC system and integrated audio. The property also boasts original architectural details, including fireplace mantels and stained glass windows, alongside contemporary finishes like wide-plank white oak flooring and marble surfaces. If sold at the asking price, it would become the third-highest sale in Brooklyn.
Why It's Important?
The sale of this brownstone at its asking price would mark a significant milestone in Brooklyn's real estate market, highlighting the increasing value and demand for luxury properties in the area. This development reflects broader trends in urban real estate where historical properties are being modernized to meet contemporary living standards while preserving their architectural heritage. The renovation and potential sale underscore the economic vitality of Brooklyn's real estate market, attracting affluent buyers and investors. This could further influence property values and development trends in the neighborhood.
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