$3,750,000
Updated 7 years ago
Off Market

56 Butler Street

Cobble Hill, Brooklyn | Smith Street & Court Street

15 Rooms7 Beds4 Baths3,884 Square FeetMulti-Family

$3,750,000
floors / apts4 / 3
Lot Size21'x100'
Built Size21'x40'
ZoneR6
Building TypeTownhouse
RE Taxes$4,728
Price Per SF
$965

Listing Features

  • Beamed Ceilings
  • Original Details
  • WBFP

Outdoor space and views

  • Frontyard [10'x15']
  • Garden
  • Patio
  • Garden Views

Building Amenities

  • Voice Intercom
  • Garden
  • Gated Entry
  • Laundry Room
  • Outdoor Parking
  • Second Entry
  • Stoop Entry

Property Description for 56 Butler Street

SHOWINGS BEGIN ON MARCH 12TH. 56 Butler Street is a handsomely proportioned 22' wide Cobble Hill three-family. The facade and entry area of this home were recently restored (including revitalized brick and limestone, reclaimed antique iron work, rebuilt stairs, entry doors and Ann Sachs tile). The home boasts many original details which blend seamlessly with contemporary, luxury finishes.

The property's lower three floors comprise the owner’s triplex -- a three bedroom, two full and two half bath living space with a private garden. In the living room you’ll find a newly restored wood burning fireplace, dining room with original pocket doors, an elegant guest bath, and a contemporary kitchen with floor-to-ceiling Moroccan tiles. A bi-fold glass wall on the rear facade dramatically opens to an upper deck space with sheltered dining area below and a large yard for play. The bedrooms are found on the garden level. Original pine floors, exposed brick, and rough cut beams have been revealed in the two smaller bedrooms, which share a full bath. The spacious master bedroom suite opens on to the garden – it includes a stunning, modern en suite bath (a double vanity, soaking tub, separate shower, and Michelle James lighting). The lowest floor has a media room, office suite, a separate laundry area, a half bath, and plentiful storage. The master bedroom, master bath, and media all have heated tiles.

The owners' triplex is currently rented for $11,000/mo. It will be delivered vacant.

Above the owner's triplex are two floor-through apartments. The 3rd floor unit has received a complete renovation with a new kitchen and bath and washer/dryer. It has two equally sized bedrooms. This apartment would command $3250 to $3750 per month in rental income. It will be delivered vacant.

The 4th floor has received partial upgrades, a new bathroom/paint/carpeting, and is currently occupied by a rent-controlled tenant. Interested buyers should refer to state guidelines provided by DHCR. Asking price on this three family home recognizes this unique rental situation and reflects a thoughtfully assessed value.

This property also has 860 square feet of additional buildable space, which would allow for future expansion. The house has a new roof and recently upgraded appliances and mechanicals. It is move-in ready!

Building Details for 56 Butler Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Bergen St
0.16 miles
Carroll St
0.3 miles

Citi Bike

Degraw St & Smith St
0.09 miles
Butler St & Court St
0.1 miles

Contact Agent

Contact Agent

Cobble Hill | Brooklyn

Quick Profile

The neighborhood now known as Cobble Hill was originally settled by Dutch farmers in the mid-1600s. Tucked along the East River, in the heart of Brooklyn, Cobble Hill is known for its welcoming, leafy streets, independent mom-and-pop shops, and 19th century brownstones.

Most of Cobble Hill lies within an historic landmark district, and building heights are restricted to 50 feet, which helps maintain its 19th century atmosphere. Building owners will often split the use of their four- or five-story buildings, occupying several of the top floors and renting out the ground floor as apartments or, conversely, occupying one or more of the lower floors and renting out the top floors. New construction and alterations to existing buildings in the historic district require approval by the New York City Landmarks Preservation Commission, which helps maintain the historic character of the Cobble Hill neighborhood.

Although most housing in Cobble Hill consists of traditional brownstones and brick townhouses,, you will also find churches that have been converted to condos, carriage houses that have become luxury apartments and Victorian school houses that have been converted into lofts.

Court Street and Atlantic Avenue are the main commercial streets in the neighborhood. You will find popular Middle Eastern restaurants on Atlantic Avenue. Court Street is home to casual restaurants, many with outdoor seating, relaxed cafes and hip bars.

Many young professionals and families live in the brownstones, townhouses, and single-family homes that line the leafy streets. Cobble Hill is a great place to live if you work on Wall Street, as you can walk over the Brooklyn Bridge to work.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 21708TH