99 Butler Street

Boerum Hill   |   Smith Street & Hoyt Street

Building for sale
$ 4,499,000
Ownership Rental Property
Lot Size 20'x100'
Floors/Apts 3/4
Status Active
Real Estate Taxes [Per Annum] $ 9,324
Building Type Townhouse
Building Size 20'x34'
Year Built 1900
ASF/ASM 2,800/260
Listing ID: 54197TH

Jason Bauer

License

Manager, Lic. Associate RE Broker

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Property Description

99 Butler Street is an incredibly rare opportunity - live in a beautiful oversized Cobble Hill carriage house while collecting over $100,000 of income from the 3-unit townhouse included in the sale! The rear carriage house is a fully renovated three-bedroom, two-bathroom home and a three-unit rental property in front. This incredible property offers strong existing cash flow in a prime location, making it perfect for investors or live-with-income purchasers alike. The rear carriage house was designed and renovated by celebrated architect firm Baxt Ingui. A stunning glass, brick, and steel facade adorns this charming building, allowing light to flow seamlessly throughout. Multiple skylights also allow light to pour in through the ceiling. Guests will be greeted by a completely private and gated garden, an incredible private outdoor oasis for entertainment. The open layout first floor has a spacious kitchen, dining area, living room, and full-bath. Above, on the top floor, are three bedrooms with ample closet space and a full bathroom. In the full-height basement, there is a gracious recreation space with ample space for seating. The front building is configured as three floor-through, free-market apartments. They are each renovated, equipped with washer/dryer, and efficiently laid out. The building also features a 3-zone heating system. All are currently rented, providing ample cash flow to support all operating expenses. 99 Butler is only steps from countless boutique shops, restaurants, and cafes along Smith Street, and conveniently located near the subway. Indeed, this property combines top-flight investment with luxury living.
99 Butler Street is an incredibly rare opportunity - live in a beautiful oversized Cobble Hill carriage house while collecting over $100,000 of income from the 3-unit townhouse included in the sale! The rear carriage house is a fully renovated three-bedroom, two-bathroom home and a three-unit rental property in front. This incredible property offers strong existing cash flow in a prime location, making it perfect for investors or live-with-income purchasers alike. The rear carriage house was designed and renovated by celebrated architect firm Baxt Ingui. A stunning glass, brick, and steel facade adorns this charming building, allowing light to flow seamlessly throughout. Multiple skylights also allow light to pour in through the ceiling. Guests will be greeted by a completely private and gated garden, an incredible private outdoor oasis for entertainment. The open layout first floor has a spacious kitchen, dining area, living room, and full-bath. Above, on the top floor, are three bedrooms with ample closet space and a full bathroom. In the full-height basement, there is a gracious recreation space with ample space for seating. The front building is configured as three floor-through, free-market apartments. They are each renovated, equipped with washer/dryer, and efficiently laid out. The building also features a 3-zone heating system. All are currently rented, providing ample cash flow to support all operating expenses. 99 Butler is only steps from countless boutique shops, restaurants, and cafes along Smith Street, and conveniently located near the subway. Indeed, this property combines top-flight investment with luxury living.

Listing Courtesy of Garfield, Leslie J. & Co., Inc.

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Apartment Features

A/C

Outdoor

Private Garden
99 Butler Street Boerum Hill Brooklyn NY 11231

Building Details [99 Butler Street]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 403/60
Building Size 20'x34'
Zoning R6B
Building Type Townhouse
Year Built 1900
Floors/Apts 3/4
Lot Size 20'x100'

Building Amenities

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2021 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.