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Cooperative · 1958
130 Hicks Street
130 Hicks Street, Brooklyn, NY 11201
Buildings·Cooperative

130 Hicks Street

130 Hicks Street, Brooklyn, NY 11201

Brooklyn Heights, Brooklyn

BBL 3002350044 · BIN 3001799

At a glance
Year built
1958
Type
Cooperative
Units
41
Floors
6
Landmark
Designated
Board & building profile
Flip tax
No seller flip tax documented; buyer pays $5,000 capital contribution to 130 Hicks Street Owners, Inc. at closing plus $500 co-op application fee, $500 management processing fee, $500 refundable move-in and $500 move-out deposits (2025-era application package and house rules)
Financing
Not documented as a percentage; designated (Aztech-form) recognition agreement required when financing
Subletting
Board approval under written sublet policy; annual renewal; 75% shareholder-occupancy floor; 3-consecutive-year cap absent board exception; no Airbnb/VRBO (house rules March 2025)
Washer / dryer
Prohibited in units (washers and dishwashers both); central 24-hour laundry (house rules March 2025)
Pets
Not stated as a rule in documents reviewed; purchase application asks about pets — confirm board practice

Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2025). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.

130 Hicks Street is the Heights' entry ticket. On a block otherwise governed by the 1930s — the Mansion House's Colonial Revival bulk directly across the street — this 1958 building by Leo Stillman, one of postwar New York's most prolific apartment-house architects, slipped a six-story glazed-brick sliver between its prewar neighbors in the last years before the 1965 historic-district designation closed the door on such infill. Its off-white glazed façade and entrance planters are period signatures, and its inventory is the practical point: 41 compact units, most of them studios, in the geographic heart of the district. For fifty years the building has done a specific job — giving first-time buyers, pied-à-terre-adjacent users within its occupancy rules, and downsizers a share-priced way into blocks where the alternative starts at multiples of the cost.

The cooperative's paperwork is refreshingly current. The conversion came in 1984 — Hudson Heights Company sponsored a non-eviction plan with a first offering of April 23, 1984, allocating 11,450 shares across 40 offered apartments with the superintendent's studio held back — and unlike many small co-ops whose governing documents fossilized in that decade, 130 Hicks operates under house rules refreshed as recently as March 2025. Those rules draw a clear picture of how the building runs today: smoke-free throughout, no washers or dishwashers in units, through-wall air conditioning to a building-specified standard rather than window units, a rear garden open sunrise to sunset, 24-hour laundry, and a written sublet policy with annual renewals, a 75 percent shareholder-occupancy floor, and a three-consecutive-year cap. It is a tightly governed small building, and it tells buyers exactly what it is before they apply.

The economics follow the format. Maintenance on studio-scale units is modest in absolute terms; the buyer-side $5,000 capital contribution at closing functions as the building's transfer economics in place of a seller flip tax; and the two-resident occupancy cap keeps the building owner-occupied and quiet. Within the district's co-op hierarchy, 130 Hicks sits deliberately below the doorman tier — the trade is services for basis, on the same blocks.

For sellers, the building's proposition is liquidity at the entry price point: the pool of buyers who want the district core at a studio budget is deep, renewable, and always shopping this address against the postwar studio stock on Clark and Henry Streets.

Architecture and unit composition

The building holds roughly seven apartments per floor across six stories — studios and compact one-bedrooms, several since combined — served by a single elevator, with the superintendent's studio among them at conversion. Interiors are postwar-standard in bones: parquet and hardwood floors, plaster walls, tiled baths, and gas kitchens, since renovated to widely varying standards that drive most of the pricing spread. The street side faces Hicks and the Mansion House's façade; the rear faces the interior of the block and the building's own garden, and rear units are the quieter tier. Through-wall air conditioning under the building's specification has largely replaced the window units of the building's first decades, keeping the glazed façade clean — a small detail the board actively enforces.

Because the building is attached on both sides, light is a line-by-line question: front, rear, and floor height do the work that exposure count does in detached buildings, and viewing at the intended hour matters more than usual.

Building operations

130 Hicks runs as a lean self-contained cooperative: elevator, 24-hour central laundry, intercom entry, garden, and superintendent service, with professional management administering a written application, alteration, and sublet framework. The current house rules are unusually specific for a building this size — scheduled fees and escalating assessments for violations, contractor licensing and insurance requirements for renovations, weekday-only work hours, and flushometer-toilet and appliance rules that reflect the building's plumbing and electrical realities. Alterations require board approval with a processing fee and refundable deposit; moves are weekday-scheduled with refundable deposits on both ends.

The offering plan, its amendment run, by-laws, current house rules, and application forms are maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you’re buying

Read the house rules before you fall for the address. This is a deliberately governed building — two-resident occupancy, no in-unit laundry or dishwashers, smoke-free, specified air conditioning — and the rules are current, written, and enforced. For most owner-occupants they are the reason the building stays quiet; for some use cases they are disqualifying. Know which buyer you are first.

Budget the entry economics. The $5,000 buyer capital contribution plus application and move fees are real closing-cost line items at this price point; we model them alongside financing in every offer.

The sublet policy shapes exit flexibility. Annual approvals, the 75 percent occupancy floor, and the three-year cap mean this is a home first and a hold-and-rent asset only within limits — underwrite accordingly.

Location is the outsized asset. The 2/3 at Clark Street around the corner, the Promenade three blocks west, and the district core in every direction; no other studio-tier building in the Heights is better placed.

What to know if you’re selling

Market the governance as a feature. Current house rules, an owner-occupied building, and clean transfer mechanics are precisely what entry-tier co-op buyers' attorneys want to see; put the documents in the deal room early.

Price against the studio stock, then claim the district premium. The honest comparable set is the postwar studio tier on Clark and Henry; 130 Hicks' historic-district address and garden justify the margin — configuration-matched comparables make the case.

Present the renovation, and the rules around future ones. Renovation quality drives the spread; buyers should also understand the alteration framework so timelines survive board review.

Prepare buyers for a documented process. Complete applications with the co-op's required recognition agreement and full financials keep a small board's timeline predictable.

Comparable buildings

If you're considering 130 Hicks Street, also evaluate:

Preparing a board package for this building?

The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.

Considering a move at 130 Hicks Street?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com
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