$2,400,000
PENDING

Estimated payment $12,588/month

Total Views 5,629
3 Beds
2 Baths
1,968 Sq Ft
$1,220 Price per Sq Ft

Highlights

  • Deck
  • Private Yard
  • Patio
  • 1 Fireplace
  • Terrace
  • 2-minute walk to Louis Valentino, Jr. Park and Pier

About This Home

It is a rare occurrence for homes to become available on the most coveted block in Red Hook. Even more uncommon is the opportunity to acquire one of the five distinguished 17-foot-wide residences on the south side of Coffey Street, nestled between Conover and Ferris. These homes boast expansive backyards and offer breathtaking views to the south, overlooking the majestic Upper Bay of New York Harbor. Among these treasures, 159 Coffey stands as the first to grace the market in over a decade. Currently configured as a beautiful proportioned duplex with multiple outdoor spaces complemented by a charming one-bedroom garden rental that exudes an almost tropical ambiance. A tasteful extension has been added to the bottom two floors, resulting in nearly 2,000 square feet of above-grade living space, along with an impressive 600 square foot stand-up cellar. The home's mechanical systems, electrical wiring, and plumbing have been modernized, leaving only cosmetic enhancements—if desired—for you to relish this gem, whether as a personal sanctuary or as a savvy investment. With tenants secured through October 2025, you have ample time to envision and plan your dream home while enjoying a steady income stream from this remarkable property.

Listing Agent

Greg McHale

Compass License #10301202791 Listed on: 05/27/2025

Compass

Co-Listing Agent

Nina Hausner

Compass License #10401272454

Co-Listing Agent

Lara Quiñones

Compass License #10401288077

Co-Listing Agent

Dillon Knop

Compass License #10401332588

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,844

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 16.670000x100.000000
  • Private Yard

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,968 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Terrace

Utilities

  • No Cooling
  • No Heating

Community Details

  • 2 Units
  • Red Hook Subdivision

Listing and Financial Details

  • Legal Lot and Block 48 / 00596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,844

Year Built

Built in 1899

Lot Details

0 Sq Ft Lot

Listing Details

  • Property SubType: Duplex
  • Property Type: Residential
  • Neighborhood: Red Hook
  • Entry Level: 1
  • Structure Type: Duplex, House, Multi Family, Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Features: Walk-In Closet(s)
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1968.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms Integer: 2
  • Bedrooms: 3

Exterior Features

  • View: No
  • Exterior Features: Private Outdoor Space Over 60 Sqft, Private Yard
  • Patio/Porch Features: Deck, Patio, Terrace

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 16.670000x100.000000

Building Info

  • New Construction: No
  • Units: 2
  • Total Stories: 2
  • Year Built: 1899

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00596
  • Tax Lot: 48
  • Tax Annual: 2844.0

Multi Family

  • Building Area Units: Square Feet

Map

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,849 $116,280 $17,820 $98,460
2024 $2,849 $136,800 $17,820 $118,980
2023 $2,845 $120,900 $17,820 $103,080
2022 $2,639 $115,620 $17,820 $97,800
2021 $2,631 $89,340 $17,820 $71,520
2020 $1,306 $108,360 $17,820 $90,540
2019 $2,473 $118,860 $17,820 $101,040
2018 $2,380 $11,673 $1,880 $9,793
2017 $2,246 $11,016 $2,344 $8,672
2016 $2,083 $10,419 $2,993 $7,426
2015 -- $10,399 $4,480 $5,919
2014 -- $9,852 $4,244 $5,608
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2025 08/06/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $2,400,000 -- $1,220 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $35,000 --
Deed $35,000 --
Deed $700,000 --
Deed $700,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $674,975 Purchase Money Mortgage
Previous Owner $261,609 Purchase Money Mortgage
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20026193

Real Estate Board of New York (REBNY)

APN: 00596-0048

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