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99 Butler Street

$4,850,000 (approx. £3,977,000)
Brooklyn, New York
Property reference: NYB0286
$4,850,000 (approx. £3,977,000)
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  • Description
  • Amenities
  • Location
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KEY FEATURES
  • 7 Bedrooms
  • 5 Bathrooms
  • Entertainment Room
Full Description

99 Butler Street is a rare offering in the heart of Cobble Hill - a townhouse and rear carriage house available for sale together!

This 20'-wide property is currently configured as a fully renovated three-bedroom, two-bathroom rear carriage house and a three-unit rental property in front. This is an opportunity to invest in strong existing cash flow or live in the carriage house with ~$100,000 of rental income.

The rear carriage house was designed and renovated by celebrated architect firm Baxt Ingui. A stunning glass, brick, and steel facade adorns this charming building, allowing light to flow seamlessly throughout. Guests will be greeted by a completely private and gated garden, an incredible outdoor oasis for entertainment. The open layout first floor has a spacious kitchen, dining area, and living room. Above, on the top floor, are three bedrooms with ample closet space and a full bathroom. In the basement, there is a gracious recreation space with ample space for seating.

The front building is configured as three floor-through, free-market apartments. They are each renovated and efficiently laid out. All are currently rented, providing ample cash flow to support all operating expenses.

99 Butler is only steps from countless boutique shops, restaurants, and cafes along Smith Street, and conveniently located near the subway. Indeed, this property combines top-flight investment with luxury living.

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