Brooklyn townhouse developer sells converted Cobble Hill property for $12M
Another project by a prolific Brooklyn townhouse developer has sold for eight figures. The townhouse at 487 Henry Street closed for $12.3 million, according to Carlos Saavedra, co-founder of boutique development firm Eckstrom NYC. Eckstrom bought the former multi-family home in Cobble Hill for $4.7 million in 2024 before embarking on an extensive renovation, turning over almost everything except for the stoop and facade. Spanning over 6,200 square feet across five floors, the home comes with five bedrooms and four bathrooms. The kitchen opens directly out to the private back garden, and the home has two other landscaped roof decks. […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Grid No Longer Among Data Center Builders’ Biggest
Problems

America’s Top Architects: Travis Price Brings Transparency
To A Washington, D.C. Rowhouse

Developers widely reject large 485x projects

The mogul cashing out at 220 Central Park South

Everyone gets an increase, except these building
owners

NY Dirt: Politicians push developers to block
ICE

How to Turn Your Equity Into Rentals with a HELOC or
Cash-Out Refi (Rookie Reply)

Rezoned Sheepshead Bay site sells for $37M for large
affordable housing project

Massive North Fork waterfront estate sells for $15M in
single-lot record

COPA heads to committee vote, this time with tweaks for
industry


