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64 Cheever Place
Cobble Hill, New York
$3,299,000 Price
7 Bedrooms   4.0 Baths
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64 Cheever Place, Cobble Hill, New York

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...

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.

Courtesy of Douglas Elliman Real Estate

Floorplan for 64 Cheever Place

Floorplan for 64 Cheever Place

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Cobble Hill, New York
Type: Townhouse
Price: $3,299,000
Re Tax: $28,044
Last Updated: 10/1/2024
Web ID: 1077691658

Info & Amenities

Type: Townhouse
Rooms: 20.0
Bedrooms: 7
Bathrooms: 4.0
Built: 1900
Pets allowed: Yes

Get to Know Cobble Hill

Cobble Hill is a small, laid-back neighborhood comprising 40 blocks in northwest Brooklyn. It offers easy access to the water and sits adjacent to Brooklyn Heights, Boerum Hill, and Carroll Gardens. Most of the action takes place on Court Street, the community’s main artery lined with hip cafes, restaurants and boutiques. The neighborhood was named after a conically shaped hill located at the present-day intersection of Atlantic Avenue, Pacific Street and Court Street. The incline was known as 'Ponkiesbergh' to early Dutch settlers, which directly translates to “Cobble Hill.” Today, Cobble Hill is considered the wealthiest area in Brooklyn, and is often listed alongside upscale Manhattan communities like the Upper East Side and Soho as one of the most desirable locations in the city. Thanks to its well-preserved 19th-century architecture, pristine brownstones and stunning row houses, Cobble Hill has been designated as a historic district.

More About Cobble Hill

Neighborhood Guide to Cobble Hill

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.

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