$2,399,000
Updated 2 years ago
Off Market

714 Degraw Street

Park Slope, Brooklyn | 4th Ave & 5th Ave

2,500 Square FeetMulti-Family

$2,399,000
floors / apts3 / 2
Lot Size16'x100'
Built Size16'x40'
ZoneR6B
Building TypeTownhouse
RE Taxes$6,000
Price Per SF
$960

Listing Features

  • Original Details

Outdoor space and views

  • Frontyard [16'x12']
  • Garden [16'x36']

Building Amenities

  • Garden

Property Description for 714 Degraw Street

Charming 2-Family Townhouse in Prime Park Slope Location

Welcome to 714 Degraw Street, a legal two-family townhouse nestled in the heart of Park Slope, Brooklyn.
This historic gem, brimming with original details, offers a unique opportunity for customization to suit your needs. Whether you're envisioning a single-family sanctuary or a lucrative two-family investment, this property provides the perfect canvas.

2.5% for Buyer broker

Property Highlights:

Historic Charm:
Step into a bygone era with stunning original door frames, window moldings, and exquisite woodwork throughout. Admire the craftsmanship of the original baluster, banister, and newel posts, each a testament to the home's rich history.

Endless Potential:
While the house requires some work, its solid bones and classic features provide an excellent foundation for your dream renovation.

With nearly 1,200 square feet of unused Floor Area Ratio (FAR), the possibilities are truly endless.

Flexible Layout:
The current layout allows for a seamless conversion into either a spacious single-family residence or a dual-family home, offering the flexibility to tailor the space to your specific needs and preferences.

Prime Location:
Situated in the highly sought-after Park Slope neighborhood, this townhouse is perfectly positioned to enjoy all the local attractions.

Just a short stroll away, you'll find:
Prospect Park: Brooklyn's sprawling urban oasis, ideal for picnics, jogging, and year-round recreational activities.
Barclays Center: A hub for sports and entertainment events, concerts, and more.
Brooklyn Museum: Home to an extensive collection of art and cultural artifacts.
Brooklyn Botanic Garden: A serene retreat featuring a variety of beautiful gardens and plant collections.

5th Avenue and 7th Avenue: Lined with trendy boutiques, artisanal shops, and a plethora of dining options, from cozy cafes to gourmet restaurants.

Grand Army Plaza: Famous for its iconic arch and bustling farmers' market every Saturday.
Excellent Schools: Within walking distance to some of Brooklyn's top-rated public and private schools.

Convenient Transportation: Easy access to multiple subway lines (B, Q, 2, 3, 4, 5, D, N, R) ensuring a quick commute to Manhattan and other parts of Brooklyn.

Don't miss out on this rare opportunity to own a piece of Brooklyn history in one of its most vibrant neighborhoods.

Whether you're looking to create your dream home or invest in a property with significant potential, 714 Degraw Street is the perfect choice.


Listing History for 714 Degraw Street

Now
12/18/2024
Expired by Tony Bush
Corcoran
09/03/2024
$2,399,000 [-$100,000] [4%]
Price Drop by Tony Bush
Corcoran

Building Details for 714 Degraw Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Union St
0.16 miles
Bergen St
0.34 miles
7 Av
0.41 miles
Atlantic Av-Barclays Ctr
0.42 miles

Railroad

Atlantic TerminalLong Island Rail Road
0.47 miles

Citi Bike

Sterling Pl & 5 Ave
0.12 miles
Berkeley Pl & 6 Ave
0.12 miles

Contact Agent

Contact Agent

Tony Bush
Corcoran

Park Slope | Brooklyn

Quick Profile

Boasting beautiful tree-lined streets, brownstones and a range of activities for all age groups, Park Slope is consistently ranked as one of New York’s most desirable neighborhoods. Filled with lush parks and greenery, the neighborhood is also known for its rare combination of excellent public schools, award-winning restaurants, nightlife, small independently owned businesses and community gardens.

Situated at the western slope of Prospect Park, the neighborhood is divided into different sections: North Slope, Center Slope and South Slope. Depending on who you ask, of course, the definitions of where these borders end and begin may vary (is the divide between North and Center deemed Union Street, Garfield Place, 1st Street or 3rd Street? The one between Center and South 6th Street, 9th Street, 11th Street or 15th Street?). 

Regardless of what part of the Slope you find yourself on, there’s no shortage of architectural beauty. From row houses to brownstones to mansions, the idyllic setting of the neighborhood is further enhanced by its Romanesque and Renaissance Revival styles. Case in point of this is also two of the area’s most well-known churches, Park Slope United Methodist Church and Saint Augustine Roman Catholic Church. 

Revered for its family-friendly appeal, Park Slope is often regarded as one of the best places to raise a family in New York City. That said, it doesn’t mean that parents don’t know how to have a good time... a slew of bars constantly opening in the neighborhood ranging from the high-end cocktail saloon to the dive (well, by Park Slope standards, anyway). 

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: 93473TH