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99 Butler Street

Listing no longer available on CityRealty as of Mar 16, 2021
It previously was on the market for a total of 189 days.
189 days on Market

Pricing History

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Key Details

  • Listed: Sep 8, 2020
    Last Price Change: -7.2% ($351,000) on Oct 5
    Days on Market: 189
    Building Type: Townhouse
    Neighborhood: Boerum Hill (Brooklyn)
    Listing viewed 431 times
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $24,164
Note: the above is based on a down payment of 20% ($899,800), which is the minimum amount permitted by the building.


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.

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