Active
64 Cheever Place
Brooklyn NY, 11231
$3,299,000
$1,030.94 per sqft
Active
7 Beds
4 Baths
3,200 sqft
Townhomes
Built in 1900
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.
RPLU-5123103269
MLSⓇ ID
November 5, 2024
Listed
November 5, 2024
Updated
Map
64 Cheever Place
Brooklyn NY, 11231
Interior Features
Total Stories
3
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
4
Laundry Description
In Unit
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.04 Acres
Other Property Details
Taxes
$28,044
Tax Frequency
Annually
Garage
No
View
No
View Description
Other
County
Kings
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/5/2024 | Active | — |
11/4/2024 | Pending | — |
10/1/2024 | Price change | $3,299,000 -11% |
Listed by Alexander Maroni with Douglas Elliman Real Estate
Listing Contact: (917) 704-3102
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved
Data last updated on 11/5/2024 at 6:41 PM UTC