Estimated Pricing Filed for Two Condos at 144 Baltic Street in Cobble Hill

Nov 2

Welcome to 144 Baltic Street, a true boutique condominium with just two residences on one of Cobble Hill's prettiest blocks, between Hicks and Henry Streets. The three-story building, built as a house, used as a convent from 1942 and later as apartments, is being gut renovated into a garden townhouse with its own street entrance and a top-floor duplex. The New York State Attorney General has accepted the offering plan, so estimated pricing is now on file.

Where Things Stand

The offering plan for 144 Baltic Street Condominium was submitted on March 5, 2026 and accepted by the New York State Attorney General on October 23, 2026. Acceptance means the sponsor has filed its full disclosure with the state, including the price schedule, the projected building budget and the projected first closing, and can now sign contracts. Neither home is listed yet. The sponsor filed a first amendment on October 27, 2026; the numbers below are from the plan as filed. The renovation is projected to be finished by January 2027, with the first closing expected by January 1, 2027. Join my early access list below and you'll hear about the sales launch before it reaches StreetEasy.

What the Offering Plan Shows

These are estimates from the sponsor's offering plan. Prices and costs can change through amendments before sales launch.

Two residences: a two-bedroom townhouse across the lower three levels with a private yard, and a four-bedroom penthouse duplex on the top two floors with a private terrace
Estimated pricing: the townhouse at $5,995,000 and the penthouse at $4,995,000, for a total of $10,990,000
Estimated price per square foot: about $1,960 for the penthouse; the townhouse works out lower because much of its space is below grade
Estimated monthly costs: common charges plus real estate taxes of about $2,491 per month for the townhouse and $2,075 for the penthouse in the first year, rising to about $2,691 and $2,242 once taxes reflect the finished building
Projected first closing: by January 1, 2027

All figures are estimates from the offering plan and subject to change.

New to offering plans? The offering plan is the legal document that creates the condo and lays out every detail of the purchase, including the sponsor's estimates. Reach out with any questions about how it works.

Two-unit brownstone conversions end up as very premium products, and before pricing came out I guessed these would land around $4 million, and that it wouldn't surprise me if they were even higher given how little inventory there is in true Cobble Hill. They came in higher: about $5 million and $6 million.

Buying in a New Development?

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A Closer Look at the Building

Two large homes with outdoor space are a genuinely boutique offering. The typical structure of these conversions is that the garden unit has a backyard and the upper unit has the rooftop. Here the upper home gets a big private terrace off its top floor instead, and the roof stays a shared space for the building's equipment. In my experience, a buyer either wants one of these or has strong feelings about personal preference. It's a walk-up, with no elevator.

The townhouse (subcellar, cellar and first floor, about 4,127 gross square feet, of which roughly 1,430 square feet is on the first floor, plus about 1,091 square feet of private yard and entry): It has its own entrance from Baltic Street at the cellar level, as well as a door from the shared hall upstairs. The first floor has an open living, dining and kitchen space with a large island at the front of the house, and the primary bedroom at the back with a walk-in closet and a bath with a soaking tub. On the cellar level, the second bedroom and a full bath sit at the back and open straight out to the private rear yard, with a powder room and accessory space toward the front. The subcellar holds storage and laundry. The plan counts about 2,500 square feet of the lower levels as non-habitable accessory space. Two bedrooms, two full and two half baths.

The penthouse (second and third floors, about 2,547 square feet, plus a 530-square-foot private terrace): The second floor has an open living, dining and kitchen space across the front with a large island and a pantry, a laundry room, and the primary suite at the back with a bath with a soaking tub. Upstairs, two bedrooms are at the front, and a third bedroom and a den or second living room are at the back, opening to the private terrace, with two more baths. Four bedrooms and three and a half baths.

Want the floor plans? Send me a note and I'll share them.

Cobble Hill Highlights

Cobble Hill is one of the most quietly charming neighborhoods in Brooklyn, with Cobble Hill Park as its living room, beautifully maintained brownstone blocks, and walking-distance access to Brooklyn Heights, Downtown Brooklyn and the rest of the borough's most coveted commercial streets. The historic district designation has preserved the scale and character that defines the neighborhood.

The F and G at Bergen Street, about an 8-minute walk
The 2, 3, 4, 5 and R at Borough Hall and Court Street, all within about 12 minutes on foot
Cobble Hill Park, Smith Street and Court Street, all close by

Katie's Take

I track every new development filing in Brooklyn, and 144 Baltic Street is a rare chance at a new two-home brownstone condo in true Cobble Hill. The penthouse works out to about $1,960 a square foot, a little below the roughly $2,090 that 181 Baltic Street sold out at down the block and well below the $2,690 or so at 110 Boerum Place. If a garden and a private front door matter most, the townhouse is the one to study, but I'd want to see how its lower levels live in person, since so much of its square footage is below grade.