$3,200,000
Updated 7 years ago
Sold

115 Cambridge Place

Clinton Hill, Brooklyn | Gates Ave & Fulton Street

12 Rooms6 Beds6 Baths4,410 Square FeetMulti-Family

$3,200,000
floors / apts4 / 3
Lot Size21'x100'
Built Size21'x42'
ZoneR6B
Building TypeTownhouse
RE Taxes$5,943
Price Per SF
$726

This property was sold for $3,200,000 on 12/17/19.

Building Amenities

  • Garden

Property Description for 115 Cambridge Place

Feeling much much larger than its already formidable 4000+SF, and bursting with sunshine AND character, this 21 foot wide Clinton Hill brownstone is dripping with charm and drenched with appeal for investors or end users. These brownstones spell out d-r-e-a-m- c-o-m-e- t-r-u-e. Comprised of 5 stories and 3 big, fat, beautiful apartments PLUS a full basement and HUGE rear garden, 115 Cambridge Place sets the perfect scenario in place for your investment portfolio or your home owners dream to materialize. There are 2 duplex two bedrooms homes, each with 2.5 beautiful baths, high ceilings gorgeous kitchens, lovely floors, and loads of light. These 2 lovely duplexes support a sprawling top floor floor-thru 2 bedroom with 1 bath. Each home is so bright youll need to bring your sunscreen, along with your checkbook.Beautiful landmark block. Fully renovated interior and re-pointed faade. New mechanicals; Decorative fireplaces; granite counters; marble mantles; High ceilings. East west exposures. Projected rents are: $205,800 annually Taxes: $5,943.00 approx Cap Rate = an HISTORIC HOME RUN for you!

Listing History for 115 Cambridge Place

Now
12/17/2019
$3,200,000
Sold and Closed by Vicki V. Negron
Corcoran
12/11/2019
$3,200,000 [-$50,000] [1.5%]
Price Drop by Vicki V. Negron
Corcoran

Building Details for 115 Cambridge Place

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.17 miles
Franklin Av
0.34 miles
Clinton-Washington Avs
0.38 miles
Classon Av
0.39 miles

Citi Bike

Cambridge Pl & Gates Ave
0.09 miles
Fulton St & Waverly Ave
0.18 miles

Contact Agent

Contact Agent

Vicki Negron
Corcoran

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

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: 77586TH