A Mixed-Use Conversion Brings Four Condos to 159 Baltic Street in Cobble Hill
Welcome to 159 Baltic Street, a four-unit condominium conversion in the heart of Cobble Hill, where new condos almost never come to market. This 1888 building is being reimagined into brand-new homes above a ground-floor commercial space, the kind of mixed-use project that fits right into a historic Brooklyn block.
Where Things Stand
The offering plan for 159 Baltic Street was submitted to the New York State Attorney General on February 4, 2026, and it is awaiting acceptance. No units are for sale yet, there is no public pricing, and reservations cannot be taken. Acceptance typically takes about 6 to 12 months. If this building is on your radar, now is the time to start the conversation, before it reaches StreetEasy.
The Numbers So Far
159 Baltic Street is planned as four residential units within roughly 8,650 square feet of total building area, which includes about 2,500 square feet of ground-floor commercial space. That leaves generous square footage for the four homes above. Final pricing and the unit mix will be released once the plan is accepted.
Curious About the Process to Buy in a New Development?
Read my blog post all about new development.
A Boutique Condo Experience
Four homes above a small commercial space is a classic Cobble Hill setup, intimate and woven into the streetscape. The project is being developed by Ascenterra Development.
The Heart of Cobble Hill
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, and the historic district designation has preserved the scale and character that defines the neighborhood.
The F and G at Bergen Street are about an 8-minute walk.
The 4, 5, R, 2, and 3 at Borough Hall and Court Street are all within about 11 minutes on foot.
The zoned elementary school is P.S. 029 John M. Harrigan in District 15.
Cobble Hill Park, Smith Street, and Court Street are all close by.
Designed for Modern Brooklyn Living
New construction is rare in Cobble Hill, where the historic district keeps the scale small. A four-unit mixed-use conversion is exactly the kind of contextual project that fits, and brand-new homes zoned for P.S. 29 do not come along often. 159 Baltic Street is worth following early.
Discover Other Similar Projects
If you like 159 Baltic Street, also look at 144 Baltic Street and 181 Baltic Street, two more boutique Cobble Hill conversions filing offering plans right now. (I’m still working to publish those posts but they should be up by the end of June.)
Your next Brooklyn home may be closer than you think. Let’s chat if you’re starting to track the market.