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Future New York

Sales Launch for Rare New Brooklyn Heights Condos at 70 Henry

Exterior of 70 Henry Street; courtesy of MA Architects/Mettle Property Group Exterior of 70 Henry Street; courtesy of MA Architects/Mettle Property Group
The northern blocks of Brooklyn Heights are lined with some of the oldest homes in the city. Wedged between two misguided urban renewal projects (the BQE and Cadman Plaza), the landmarked area has stubbornly resisted change despite the pressures of a ceaselessly growing city around it. Along the eastern edge of the bucolic oasis, at the corner of Henry and Orange Streets, Mettle Property Group and JMH Development successfully appeased preservationist in order to reinvent a single-story 19th-century building into a five-story condominium.
The project known as 70 Henry Street is being designed by Morris Adjmi Architects. The developers purchased the site for $7.5 million in November 2014, which accommodated a variety of uses throughout the years: a butcher shop, a restaurant, and more recently, the Brooklyn Heights Cinema.
 
 
 
 
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70-Henry-Street-02 Unit #D is a 4-bed/ 3.5 bath priced at $4,950,000
70-Henry-Street-09 Unit #C is a 4-bed/ 3.5-bath priced at $4,850,000
70-henry-street-02 Unit #B - 3-bed/ 3.5-bath for $2,850,000
The scope of the project includes restoring the existing 1896 building while erecting a contextual addition above. Joseph Baglio, chief operating officer of Mettle Property, tells the Wall Street Journal that the design, approved by the Landmarks Preservation Commission, specifies a slightly lighter shade of brick for the addition to differentiate between the old and new portions. Additionally, a long-obscured cast-iron column on the ground floor will be integrated into the design of a new retail space.
The first three of its five family-sized homes came onto the market last week priced at a combined average of $1,828 per ft². Unit #B is a 3-bed, 3.5-bath spread with an ask of $2.85M; Unit #C is a 4-bed, 3.5-bath unit priced at $4.85M; and Unit #D is 4-bed, 3.5-bath with an ask of $4.95M. Yet to be listed is a triplex maisonette with a private backyard that will be priced around $6 million. Per our market data, there are 32 condos for sale in the neighborhood priced at a median of $1,623 per ft².

Each residence will offer 9'-high ceilings, 7"-wide oak flooring, and direct elevator access. Amenities are to include a virtual doorman and a common roof deck. Delivery is scheduled for next year.
70-Henry-Stree-02 Communal roof deck

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New Developments Editor Ondel Hylton Ondel is a lifelong New Yorker and comprehensive assessor of the city's dynamic urban landscape.