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 

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the “RLS”). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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

 

Powered byLuxury Presence