Cobble Hill house sells for record $15.5 million, Daily News reports

June 5, 2015 By Lore Croghan Brooklyn Daily Eagle

Welcome to 177 Pacific St., shown in this 2013 photo. The Cobble Hill house has reportedly set a record for Brooklyn's priciest home sale. Eagle photo by Lore Croghan

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Kudos for Cobble Hill.

The neighborhood can now boast of the highest-priced house sale in Brooklyn.

A townhouse with a 20-person movie theater, a gym and four indoor parking spaces, 177 Pacific St., has sold for $15.5 million, according to the Daily News.

The transaction broke the record held since 2012 by 70 Willow St. in Brooklyn Heights, where Truman Capote once lived. The yellow-brick Willow Street tourist magnet sold for $12.5 million.

So. Here’s what the Brooklyn Eagle knows about 177 Pacific St.

Patience paid off for the seller, 177 Realty Corp., whose president is Abraham Saeed, according to city Buildings Department filings. The house — which is in the landmarked section of Cobble Hill — had been on the market since autumn 2013. The price reportedly paid was very close to the seller’s $16 million asking price.

A man who responded to a call to Saeed’s phone number told the Eagle “he’s out of town” and could not be reached. Saeed did not respond to an email seeking comment on his blockbuster sale.

The property is a former stable and dwelling built in 1904. The seller had purchased it in December 2011 for $1.5 million, according to a deed in city Finance Department records. The Real Deal previously reported that a listing agent for the property called that price “inaccurate.”

However, no deed correction has ever been filed to indicate that a different sum was paid.

In 2003, the city Department of Environmental Protection ordered the property’s prior occupant, jewelry maker B. Gelbfish Chain Co., to hire a hazardous materials contractor to clean up spilled chemicals, city records indicate. The company complied with the order, according to a 2004 DEP notice.

When the remodeled 10,000-square-foot house hit the sale market, some real estate sources turned up their noses. One told the Eagle it was like a “Long Island McMansion.” Clearly, a buyer with a boatload of money didn’t agree with that assessment.

Sale records have not yet surfaced on the Finance Department’s website, so there is no indication of the identity of the new owner of the record-breaking house.

The listing broker for the mega-deal was Alexander Maroni of Douglas Elliman.