Updated 2 years ago
Sold
64 Cheever Place
Cobble Hill, Brooklyn | Kane Street & Degraw Street
Multi-Family
$3,200,000
floors / apts4 / 4
Lot Size20'x80'
Built Size20'x40'
ZoneR6
Building TypeTownhouse
RE Taxes$28,044
This property was sold for $3,200,000 on 02/12/25.
Outdoor space and views
- Backyard [20'x34']
- Deck
- Frontyard [20'x8']
Property Description for 64 Cheever Place
64 Cheever Place presents a rare opportunity to own a large historic townhouse on one of Cobble Hill's most coveted single-street blocks. This 20-foot-wide 1853 Italianate brick building has been wonderfully maintained by its current owner and is currently configured as 4 large apartments.
The possibilities in this location are endless. In its current configuration and immaculate condition, it can continue to operate perfectly as a rental. Alternatively, it presents the potential to be converted into a very high-end single-family home on one of Brooklyn's great blocks. Currently configured as a garden/basement duplex with floor-through units above, it would command approximately $18K per month in rental income its current state.
Renovated single-family homes of this size in this location routinely trade for $8 to $9 million. Or it could easily be converted into high-end condominium homes which typically command $1800 to north of $2000 per foot.
Significant improvements have been made to the apartments by the current owner. It is in wonderful condition and not in need of any improvements for the investor who simply wishes to invest in an A+ building in an A+ location.
Along with Tompkins and Strong Place, Cheever is one of the only three single-street blocks in the area and offers a level of tranquility and privacy that is extremely rare. You are surrounded on all sides by award-winning restaurants, multiple schools, parks, superb grocery stores, and excellent public transportation. This is an incredible opportunity for the savvy investor.
Listing History for 64 Cheever Place
Now
02/12/2025
$3,200,000
Sold and Closed by Alexander Maroni
Douglas Elliman
2025
Building Details for 64 Cheever Place
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/4
Transit and Citi Bike
Subway
Carroll St
0.43 miles
Bergen St
0.48 miles
Citi Bike
Henry St & Degraw St
0.06 miles
Columbia St & Degraw St
0.14 miles
Ferry
Atlantic Ave/BBP Pier 6
0.5 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: 96873TH
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