{"id":377917,"date":"2026-10-20T14:06:50","date_gmt":"2026-10-20T14:06:50","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/377917\/"},"modified":"2026-10-20T14:06:50","modified_gmt":"2026-10-20T14:06:50","slug":"reimagined-cobble-hill-townhouse-closes-under-asking-for-12-25-million","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/377917\/","title":{"rendered":"Reimagined Cobble Hill Townhouse Closes Under Asking for $12.25 Million"},"content":{"rendered":"<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">A reimagined <a target=\"_blank\" href=\"https:\/\/www.realtor.com\/realestateandhomes-detail\/487-Henry-St_Brooklyn_NY_11231_M48789-10062\" rel=\"nofollow noopener\">five-bedroom townhouse<\/a> in <a target=\"_blank\" href=\"https:\/\/www.realtor.com\/realestateandhomes-search\/Brooklyn_NY\" rel=\"nofollow noopener\">Brooklyn, NY<\/a>, has sold for under asking in the high-profile <a target=\"_blank\" href=\"https:\/\/www.realtor.com\/news\/trends\/subscription-real-estate-listing-for-sale-private\/\" rel=\"nofollow noopener\">Eckstrom luxury development<\/a> in an off-market transaction.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">The home at 487 Henry Street closed for $12.25 million. It was originally listed at $14.25 million.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Located in the tree-lined <a target=\"_blank\" href=\"https:\/\/www.realtor.com\/realestateandhomes-search\/Cobble-Hill_Brooklyn_NY\" rel=\"nofollow noopener\">Cobble Hill<\/a> neighborhood, the 19th-century structure was acquired by Eckstrom for $4.7 million in 2024 and underwent an extensive renovation in collaboration with General Assembly.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">The home\u2019s historic stoop and facade \u201cremain intact,\u201d while the interiors have been entirely modernized and now offer an energy-efficient design \u201cincorporating passive design principles.\u201d<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Originally listed for $14,250,000 in April 2026, the home was reduced to $12,995,000 in October 2026.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">&#8220;We started off a little high, took it off the market, and I ended up selling to someone who originally saw it about a year and a half ago when it was undergoing construction,&#8221; Eckstrom co-founder Carlos Saavedra tells <a target=\"_blank\" href=\"http:\/\/realtor.com\" rel=\"nofollow noopener\">Realtor.com\u00ae<\/a>.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">&#8220;It was put at the right price and was at a number that made sense.&#8221;<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Saavedra, also with <a target=\"_blank\" href=\"https:\/\/www.realtor.com\/realestateagency\/60ec7a6e04d6f8001297d540\" rel=\"nofollow noopener\">Park Property Advisors<\/a>, along with <a rel=\"noopener noreferrer nofollow\" target=\"_blank\" href=\"https:\/\/thegambinogroup.com\/agents\/carl-gambino\/\">Carl Gambino with the Gambino Group at Compass<\/a> represented the listing on the seller side. <a rel=\"noopener noreferrer nofollow\" target=\"_blank\" href=\"https:\/\/charneycompanies.com\/team\/frank-giordano\/\">Frank Giordano at Charney<\/a> represented the buyer.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Saavedra is also marketing properties at 29 Willow Street and 39 Sidney Place. <\/p>\n<p>Kitchen of Eckstrom townhouse in Brooklyn, NYHayley Ellen DaySculptural staircase of Eckstrom townhouse in Brooklyn, NYHayley Ellen DaySitting area of Eckstrom townhouse in Brooklyn, NYHayley Ellen Day<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">The listing attracted headlines earlier this year after actor Chris Pine <a target=\"_blank\" href=\"https:\/\/www.realtor.com\/news\/trends\/chris-pine-brooklyn-developer-lawsuit-eckstrom\/\" rel=\"nofollow noopener\">sued the developer<\/a> for failing to return $100,000 in rental funds.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">According to Pine\u2019s complaint filed in Kings County Superior Court, he put down a total of $125,000 on a short-term rental, which included a $50,000 deposit, $50,000 toward the first month\u2019s rent, and a $25,000 pet deposit. The pet deposit was refunded, but Pine sued to recoup the remaining funds, along with damages and attorney\u2019s fees.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">\u201cThe lawsuit is being settled amicably,\u201d says Saavedra. \u201cWe are happy with how things turned out.\u201d<\/p>\n<p>Kitchen with patio access at Eckstrom townhouse in Brooklyn, NYHayley Ellen DayLiving room of Eckstrom townhouse in Brooklyn, NYHayley Ellen DayRoof deck of Eckstrom townhouse in Brooklyn, NYHayley Ellen Day<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Offering 6,271 square feet of space spanning five stories, the residence also has 2,024 square feet of outdoor living space.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Luxury finishes include flat-sawn white oak floors, custom millwork, limewashed walls, and a sculptural staircase with a mahogany railing. The gourmet chef\u2019s kitchen with quartzite countertops and an eye-catching breakfast bar has bespoke cabinetry and direct access to a private garden.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Other amenities include multiple family rooms; a private wellness retreat with a fitness studio, sauna, and cold plunge; two outdoor kitchens; and a landscaped roof deck overlooking the city.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">Brooklyn has recently become a hot spot for buyers opting for <a target=\"_blank\" href=\"https:\/\/www.realtor.com\/realestateandhomes-search\/New-York\" rel=\"nofollow noopener\">New York<\/a>\u2019s borough instead of <a target=\"_blank\" href=\"https:\/\/www.realtor.com\/realestateandhomes-search\/Manhattan_NY\" rel=\"nofollow noopener\">Manhattan<\/a>.<\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">&#8220;One of the reasons why people want a townhouse is privacy,&#8221; says Saavedra. <\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 IEPPf sc-7dicpk-0 ccZqsH core-paragraph\">&#8220;People want the suburban lifestyle without having to leave the city. When you have a townhouse like this with all of the amenities and fully renovated, you get the best of both worlds. There is such a limited supply in Brooklyn, but the demand is there.&#8221;<\/p>\n<p><a target=\"_blank\" data-testid=\"text-widget\" class=\"sc-s4khec-0 jknOCu\" href=\"https:\/\/www.realtor.com\/myaccount\/signin?config=NEWS_AND_INSIGHTS_SIGNUP&amp;redirect_url_override=\/myaccount\/profile\/settings\/\" rel=\"nofollow noopener\"><\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 fFVyEr\">Get real estate news in your inbox<\/p>\n<p>Sign up now<\/a><\/p>\n<p class=\"base__StyledType-rui__sc-18muj27-0 hxcYYy\">Kellie Speed is a contributor to Realtor.com. As a writer and editor, she has worked for a variety of online and print publications, including Inked magazine, Jetset, Westchester magazine, JustLuxe, The Boston Globe, and U.S. Veterans Magazine. A Massachusetts native, Kellie attended Northeastern University for journalism, was previously the Boston editor for Haute Living, and contributed to Avalon Publishing&#8217;s Moon Metro Boston guidebook. Kellie writes celebrity profiles and covers restaurants, travel, and lifestyle.<\/p>\n","protected":false},"excerpt":{"rendered":"A reimagined five-bedroom townhouse in Brooklyn, NY, has sold for under asking in the high-profile Eckstrom luxury development&hellip;\n","protected":false},"author":2,"featured_media":377918,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[98,100,99,21090,9,24,17061,63,1115],"class_list":["post-377917","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-brooklyn","tag-brooklyn-headlines","tag-brooklyn-news","tag-luxury-homes","tag-new-york","tag-new-york-city","tag-new-york-ny","tag-nyc","tag-video"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/377917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=377917"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/377917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/377918"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=377917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=377917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=377917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}