NOT LISTED FOR SALE

Estimated Value: $5,392,150 - $6,351,000

6 Beds
5 Baths
4,000 Sq Ft
$1,461/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $5,250,000 $1,312 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $32,174/month

224 Days on Market

Highlights

  • Cooling Available
  • P.S. 29 John M. Harrigan Rated A
  • 5-minute walk to Cobble Hill Park

About This Home

As of August 2024

Rare opportunity to remake this vast Cobble Hill townhouse WITH PARKING into the home of your dreams.

136 Kane Street is a Landmark corner townhouse built 25' wide x 40' deep on a huge 27.5' wide lot that is 100' deep. And - it has a Legal Curb Cut and PARKING SPACE on the property. It is flooded with light from 3 exposures offering many options to reconfigure to your needs. The home is now set
up as a double duplex. The lower unit is vacant, and the upper unit is under lease until July 2024.

This unique property offers an exceptional opportunity to expand and upgrade this home in any manner you may need. A current Architectural Review suggests that a Carriage House with parking and guest quarters could be added at the back of the lot, a 2 story extension could be added to the rear of the home, and the window plan along Cheever Place could be revised to bring in even more Western light. The Architectural Review also suggests that it may be possible to build
a deck on the roof to take in sweeping views of the skyline and harbor. It's an amazing opportunity.

Please contact the Listing Agent for access to the Architectural Review.

The building is in very sound condition, and is built on brick arches in the cellar to lend another 150+ years of stability. The cellar is excavated to a
comfortable height for a huge gym/media room. The large vault under the sidewalk will be perfect for your wine cellar. And there is plenty of dry cellar space left over for all the storage you would ever need.

The home is in an ideal location to put down your roots and build your forever home. Cobble Hill is one of the most sought out
locations in brownstone Brooklyn with a significant Landmark District stretching from Atlantic Avenue to DeGraw Street. This assures the continuity of the
lovely brownstone streetscapes. Also nearby are the lovely Verandah Park, and the world class Brooklyn Bridge Park. There is great shopping dining and shopping on Atlantic Ave and Court Street plus easy access to the amenities of Brooklyn Heights and Carroll Gardens. There are many school alternatives in the
area, and the local elementary school is visible from your stoop!

Visit soon for the opportunity of a lifetime!

Last Agent to Sell the Property

James Kerby

Douglas Elliman Real Estate License #10301209440 Listed on: 10/10/2023

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,724

Year Built

  • Built in 1910

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 100.00x27.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,000 Sq Ft Home
  • 4-Story Property
  • Bonus Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry in unit
  • Washer Dryer Allowed
  • Washer Hookup

Utilities

  • Cooling Available

Community Details

  • 2 Units
  • Cobble Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 0027 / 00322

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,724

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Cobble Hill
  • Entry Level: 1
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Interior Features: Smoke Free
  • Appliances: Washer Dryer Allowed
  • Fireplace Features: Bedroom
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4000.0
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Bathrooms Integer: 4
  • Bedrooms: 6

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Other, Washer Hookup, In Unit
  • Green Building Features: Green Building
  • Cooling: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 2700.0
  • Lot Size Dimensions: 100.00x27.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 4
  • Year Built: 1910

Tax Info

  • Tax Block: 00322
  • Tax Lot: 0027
  • Tax Annual: 17724.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Aug 15, 2024
Sold by
Moshman Karen M and Moshman Stanley M
Bought by
Alte Llc
Seller's Agent
James Kerby
Douglas Elliman Real Estate
List Price
$5,650,000
Sold Price
$5,250,000
Premium/Discount to List
-$400,000
-7.08%
Views
82
Current Estimated Value
$5,845,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,383
Avg. Annual Appreciation
8.35%
Original Mortgage
$4,200,000
Outstanding Balance
$4,145,679
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,699,704
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Alte Llc $5,250,000 --
Alte Llc $5,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alte Llc $4,200,000
Closed Alte Llc $4,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Price Changed $5,250,000 0.0% $1,313 / Sq Ft
08/15/2024 08/15/24 Sold $5,250,000 -7.1% $1,313 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $5,650,000 +7.6% $1,413 / Sq Ft
01/06/2024 01/06/24 Off Market $5,250,000 -- --
11/15/2023 11/15/23 Price Changed $5,995,000 -7.8% $1,499 / Sq Ft
10/10/2023 10/10/23 For Sale $6,500,000 -- $1,625 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,581 $406,380 $43,380 $363,000
2024 $18,581 $419,820 $43,380 $376,440
2023 $17,726 $515,100 $43,380 $471,720
2022 $17,726 $462,360 $43,380 $418,980
2021 $18,119 $357,000 $43,380 $313,620
2020 $18,119 $432,900 $43,380 $389,520
2019 $16,128 $348,960 $43,380 $305,580
2018 $14,827 $72,735 $12,408 $60,327
2017 $14,827 $72,735 $10,015 $62,720
2016 $14,421 $72,139 $10,629 $61,510
2015 $8,056 $68,078 $15,039 $53,039
2014 $8,056 $64,246 $17,032 $47,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10981272

Real Estate Board of New York (REBNY)

APN: 00322-0027