Updated 7 years ago
Sold
38 Butler Street
Cobble Hill, Brooklyn | Court Street & Smith Street
16 Rooms5 Beds2 Baths5,000 Square FeetMulti-Family
$3,700,000
floors / apts4 / 2
Lot Size25'x100'
Built Size25'x38'
ZoneR6B
Building TypeTownhouse
RE Taxes$5,113
Price Per SF
$740
This property was sold for $3,700,000 on 04/12/19.
Property Description for 38 Butler Street
38 Butler Street is a massive, 25' wide, four-story townhouse in coveted Cobble Hill, rarely available at this price point in this location. This Federal style home is in need of a total renovation and is currently under-built but it can be expanded to 5000 square feet PLUS finished cellar. It will be delivered vacant with approved DOB plans to expand it to its full size. With no Landmarks designation, a renovation will proceed easily and can begin as soon as you close. This building offers the rare opportunity for an end user to create a truly massive single family townhome in one of NYC's most desirable locations. It could also be a high-end condominium conversion opportunity for a developer.
Located in the center of Cobble Hill between bustling corridors, Court and Smith Street, this home is steps to the best that Brooklyn has to offer including superb restaurants, parks, culture, and transportation. Major brands include Trader Joes, Equinox, Barnes & Noble, Rag & Bone, Barneys, and Whole Foods. Locally loved favorites include Sahadis, Los Paisanos, Lucali, Frankies, Shelsky, and Mile End Deli. It is also located in one of the single most coveted public school zones in the entire city.
A property of this size in this location at this price is rare and presents a perfect blank canvas that is primed and ready.
Located in the center of Cobble Hill between bustling corridors, Court and Smith Street, this home is steps to the best that Brooklyn has to offer including superb restaurants, parks, culture, and transportation. Major brands include Trader Joes, Equinox, Barnes & Noble, Rag & Bone, Barneys, and Whole Foods. Locally loved favorites include Sahadis, Los Paisanos, Lucali, Frankies, Shelsky, and Mile End Deli. It is also located in one of the single most coveted public school zones in the entire city.
A property of this size in this location at this price is rare and presents a perfect blank canvas that is primed and ready.
Listing History for 38 Butler Street
Now
04/12/2019
$3,700,000
Sold and Closed by Alexander Maroni
Douglas Elliman
02/20/2019
Contract Signed by Alexander Maroni
Douglas Elliman
Building Details for 38 Butler Street
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts4/2
Transit and Citi Bike
Subway
Bergen St
0.18 miles
Carroll St
0.3 miles
Citi Bike
Butler St & Court St
0.06 miles
Degraw St & Smith St
0.1 miles
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: 74337TH
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