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$5,408,333
List price: $5,500,000
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197 Clinton Street
Townhouse in Cobble Hill • 
building info
studio
List price

$5,500,000

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Key Details
Days on market
298
Last price change
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Estimated payment
$36,500
Taxes
$179
Monthly maintenance
N/A
Description
Offering a very rare union of scale and location, this magnificent Cobble Hill home offers approximately 5600 square feet of living space, and is located in one of the most coveted enclaves of Brooklyn, on the border of Brooklyn Heights and a short walk to Brooklyn's world-famous waterfront. Built-in the 1850s for merchant Samuel Richard St. John, this home retains its Italianate character with a fa?ade of brick and brownstone, a high stoop, and oversized windows. Currently configured as a four-unit dwelling, this townhome lays out perfectly for many families because it is five stories. This rare configuration allows for a proper 2000+ square foot/garden, parlor duplex with three single floor units above it. Keep the single-floor units as high-income rentals or create private suites for an ideal family compound. Of course, there is also the possibility of returning this home to its original design as a grand single-family residence. Built 23' wide by approximately 50' deep each floor offers an extraordinary scale. The owner's duplex is graciously laid out with a grand front parlor with soaring ceilings, nearly floor-length windows, a sublime octagonal dining room overlooking the backyard, a lovely kitchen which opens on to a solarium. The garden level has notably tall ceilings and abundant natural light, a beautiful master suite with custom built-ins, and an impeccable new master bathroom. Units 2 and 3 are both full-floor apartments of approximately 1100 square feet that have been beautifully appointed with new kitchens and baths. The top floor unit (which is not visible from the street) is a complete architectural renovation with a large outdoor terrace, sliding glass wall, huge new skylights, exposed brick walls, new kitchen and bath, and designer fixtures throughout. Many improvements have been made by the current owner throughout including entirely new windows, new roof, refinished floors, brownstone repointing, stunningly replanted rear garden, and largely new appliances and fixtures. Delivered vacant at closing, a property of this size and quality does not come to market often. Located minutes to the very best that Brooklyn has to offer including superb shopping and dining on Court Street, Smith Street, Atlantic Ave, and Montague Street. Also very close to Brooklyn's revitalized Downtown Brooklyn with major attractions like Dekalb Market, City Point, and BAM. Brooklyn Bridge Park, the new 85-acre urban oasis is right at your fingertips. In addition to being one of NYC's finest parks with a world-class view, it also offers ferry service to Manhattan. Multiple schools, cultural institutions, and the Borough Hall subway stop are all very close.

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History
What it'll cost
Purchase price
$5,500,000
Asking Price: $5,500,000
Term
30 Years
Down Payment
$550,000 (10%)
Min: 10% (550,000)
Rate
8.0 %
Mortgage Amount
$4,950,000
Mortgage Payment
$36,321
Taxes
$179
Estimated Yoreevo rebate
$91,667
Estimated closing cost
$251,000
Total monthly cost $36,500
Buy your dream home with us and get an estimated
$91,667 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Courtesy of Douglas Elliman

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