56 Butler Street

$3,750,000, 7 Beds 4 Baths 3,884 Sqft

About This Property

SHOWINGS BEGIN ON MARCH 12TH. 56 Butler Street is a handsomely proportioned 22' wide Cobble Hill three-family. The façade and entry area of this home were recently restored (including revitalized brick and limestone, reclaimed antique iron work, rebuilt stairs, entry doors and Ann Sachs tile). The home boasts many original details which blend seamlessly with contemporary, luxury finishes. The property's lower three floors comprise the owner’s triplex -- a three bedroom, two full and two half bath living space with a private garden. In the living room you’ll find a newly restored wood burning fireplace, dining room with original pocket doors, an elegant guest bath, and a contemporary kitchen with floor-to-ceiling Moroccan tiles. A bi-fold glass wall on the rear facade dramatically opens to an upper deck space with sheltered dining area below and a large yard for play. The bedrooms are found on the garden level. Original pine floors, exposed brick, and rough cut beams have been revealed in the two smaller bedrooms, which share a full bath. The spacious master bedroom suite opens on to the garden – it includes a stunning, modern en suite bath (a double vanity, soaking tub, separate shower, and Michelle James lighting). The lowest floor has a media room, office suite, a separate laundry area, a half bath, and plentiful storage. The master bedroom, master bath, and media all have heated tiles. The owners' triplex is currently rented for $11,000/mo. It will be delivered vacant. Above the owner's triplex are two floor-through apartments. The 3rd floor unit has received a complete renovation with a new kitchen and bath and washer/dryer. It has two equally sized bedrooms. This apartment would command $3250 to $3750 per month in rental income. It will be delivered vacant. The 4th floor has received partial upgrades, a new bathroom/paint/carpeting, and is currently occupied by a rent-controlled tenant. Interested buyers should refer to state guidelines provided by DHCR. Asking price on this three family home recognizes this unique rental situation and reflects a thoughtfully assessed value. This property also has 860 square feet of additional buildable space, which would allow for future expansion. The house has a new roof and recently upgraded appliances and mechanicals. It is move-in ready!

Essential Information

MLS® #4910974
Price$3,750,000
Tax Amount$4,728
Bedrooms7
Bathrooms4.00
Full Baths4
Square Footage3,884
Acres0.00
Year Built1901
TypeMulti-Family 2-4
StatusActive

Community Information

Address56 Butler Street
AreaBrooklyn
CityBrooklyn
CountyKings (Brooklyn)
StateNY
Zip Code11231

Amenities

ParkingOther/See Remarks

Amenities

Building Access - Walk Up, Chefs Kitchen, Dressing Area, Exposure North, Exposure South, Formal Dining Room, Garden, Hardwood Floors As Seen, Media Room, Open kitchen, Oversized Windows, Stainless Steel Appliances, Cathedral/Vaulted/High Ceiling, Walk In Closet

Interior

HeatingSee Remarks
CoolingNone
Has BasementYes
BasementSee Remarks

School Information

DistrictNew York
ElementaryCity of New York
MiddleCity of New York

Listing Details

Listing Courtesy ofCompass

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Listing information last updated on April 24th, 2019 at 3:43pm CDT.

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