NOT LISTED FOR SALE
5 Beds
4 Baths
4,200 Sq Ft
2,500 Sq Ft Lot

Last Sold December 20, 2024

Last sale price $3,900,000 $929 Per Sq Ft

68 Days on Market

Highlights

  • Deck
  • 2-minute walk to Greenpoint Avenue
  • 4-minute walk to American Playground
  • PS 31 Samuel F Dupont Rated A
  • Ductless Heating Or Cooling System

About This Home

As of December 2024

Nestled on a prime block in Greenpoint, just one block from the East River and two blocks from the NYC Ferry, 118 Java Street is a captivating brick townhouse that offers both charm and versatility. This 25-foot-wide gem sits on a 100-foot-deep lot and boasts approximately 4,200 square feet of living space, providing an array of options to suit your needs. Whether you envision a grand single-family home or an owner's duplex or triplex with lucrative rental potential, this property delivers. Recognized as a 4-family residence by the city, the house retains its original integrity, with the four rental units thoughtfully preserved. You can maintain the current setup or convert the upper three floors into your personal residence while renting out the garden level.
Upon arrival, you'll be greeted by a delightful front garden and window boxes that lead to the entrance, featuring original double doors with etched glass panels.Currently configured with one apartment per floor, the house is awash in period detail, enjoys great light, a huge private garden and deck, and a clean and dry cellar with both rear and front yard access. Each rental unit exudes character, with original wide-plank wood floors, high ceilings-some adorned with tin and moldings-cast iron kitchen sinks, and claw-foot tubs. Split AC units have been installed on the first two floors.
The garden level houses a large one-bedroom apartment with windows overlooking the magical rear garden. Head up a flight to Apartment 2, which is currently used as a three-bedroom apartment. This level has direct access to the property's piece de resistance - a new steel deck with stairs leading to the most enchanting garden. The deep garden offers both a grassy area and a stone patio area with a pergola draped in a 100-year-old grape vine, evoking the charm of Italy. The third and fourth floors are both expansive and light-filled, offering treetop views and are configured as one-bedroom apartments with additional space for a home office or nursery.
The house is ready and waiting for the new owner to steward this home into the future as a grand one-family home that could easily accommodate 5+ bedrooms and a magnificent living space on the parlor floor. The location offers views of the Manhattan skyline from the top floor, offering the perfect backdrop for the enterprising owner desiring a private roof deck. If you are an investor looking to put your money into Brooklyn's most coveted neighborhood, keep as a 4-family and rent all four floors OR transform it into a condo. Additional value can be unlocked by finishing the cellar and utilizing the approximately 800 square feet of additional FAR that can be added either on top or into the yard.
No matter how you choose to use this home, it is a winning investment with immense potential. Properties of this width and ideal location are a rare find, and with over four decades of meticulous care from its current owners, 118 Java Street offers a rock-solid foundation for your dream vision. The property will be delivered vacant, ready for its next chapter.

Last Agent to Sell the Property

Joan Dougherty

Corcoran Group License #10301215411 Listed on: 08/08/2024

Corcoran Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,220

Year Built

  • Built in 1930

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00x25.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,200 Sq Ft Home
  • 4-Story Property
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Deck
  • Ductless Heating Or Cooling System

Community Details

  • 4 Units
  • Greenpoint Subdivision

Listing and Financial Details

  • Legal Lot and Block 0021 / 02550

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,220

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property SubType: Townhouse
  • Property Type: Residential
  • Neighborhood: Greenpoint
  • Entry Level: 1
  • Structure Type: Townhouse
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 4

Interior Features

  • Fireplace: No
  • Living Area: 4200.0
  • Living Area Units: Square Feet
  • Basement: Yes
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 5

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Green Building
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2500.0
  • Lot Size Dimensions: 100.00x25.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 4
  • Year Built: 1930

Tax Info

  • Tax Block: 02550
  • Tax Lot: 0021
  • Tax Annual: 11220.0

Multi Family

  • Building Area Units: Square Feet

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $3,900,000 -2.5% $929 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $4,000,000 -- $952 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10998331

Real Estate Board of New York (REBNY)

APN: 02550-0021