Elegant Legal Three-Family Townhouse with Garden Apartment & Cellar
Nestled on one of Cobble Hill’s most picturesque, tree-lined streets, 138 Kane Street presents a rare opportunity to own a vacant, impeccably maintained townhouse rich in character, flexibility, and future potential.
This legal three-family townhouse, currently configured and used as a four-family, spans three full residential floors, a finished garden apartment, and a full cellar—ideal for end-users, investors, or multi-generational living. Thoughtfully cared for and in excellent condition, the home showcases classic pre-war details including high ceilings, hardwood floors, decorative mantels, and updated mechanicals, seamlessly blending timeless charm with modern comfort.
Current configuration:
Garden Apartment: One bedroom, kitchen, family room, and full bathroom
Second Floor: Bedroom, living room, kitchen, and bathroom
Third Floor: Two bedrooms, living room, kitchen with pantry, and bathroom
Fourth Floor: Two bedrooms, living room, kitchen with pantry, and bathroom
A full cellar provides abundant storage and utility space, while the generous lot offers significant upside. With approximately 1,477 square feet of unused FAR and a maximum allowable buildable area of 6,073 square feet, the property presents excellent potential for future expansion or rooftop additions (subject to DOB approval).
Perfectly situated between Cheever Place and Henry Street, the home is moments from Cobble Hill Park, Court Street cafés and boutiques, and convenient subway access—set in one of Brooklyn’s most sought-after neighborhoods, celebrated for its historic beauty and vibrant community.
All information, including square footage, is subject to errors and omissions.
In contract
$5,850,000
138 Kane St, Brooklyn, NY 11231
6beds
4,596sqft
Multi Family
Built in 1901
-- sqft lot
$5,561,800 Zestimate®
$1,273/sqft
$-- HOA
What's special
Classic pre-war detailsFinished garden apartmentUpdated mechanicalsHigh ceilingsDecorative mantelsHardwood floorsThree full residential floors
- 155 days |
- 75 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
CENTURY 21 Awaye Realty 718-744-5062,
Danielle Waye,
Arlene Waye
Source: StreetEasy,MLS#: S1809454
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Hardwood
Interior area
- Total structure area: 4,596
- Total interior livable area: 4,596 sqft
Video & virtual tour
Property
Details
- Parcel number: 003220029
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: Cobble Hill
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,273/sqft
- Tax assessed value: $5,780,000
- Annual tax amount: $8,904
- Date on market: 2/3/2026
Estimated market value
$5,561,800
$5.28M - $5.84M
$7,199/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Contingent | $5,850,000$1,273/sqft |
Source: StreetEasy #S1809454 Report a problem | ||
| 2/3/2026 | Listed for sale | $5,850,000$1,273/sqft |
Source: StreetEasy #S1809454 Report a problem | ||
| 11/11/2025 | Listing removed | $5,850,000$1,273/sqft |
Source: | ||
| 10/24/2025 | Listed for sale | $5,850,000+324900%$1,273/sqft |
Source: | ||
| 10/10/2009 | Listing removed | $1,800 |
Source: HALSTEAD PROPERTY Report a problem | ||
| 9/1/2009 | Listed for sale | $1,800-96.4% |
Source: HALSTEAD PROPERTY Report a problem | ||
| 4/29/1994 | Sold | $50,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,901 -0.9% | $346,800 -6% |
| 2024 | $8,981 | $369,000 -18.5% |
| 2023 | -- | $452,760 +22.2% |
| 2022 | -- | $370,560 +14.4% |
| 2021 | -- | $323,940 -17% |
| 2020 | $7,253 +0.3% | $390,300 +25.8% |
| 2019 | $7,228 -5.5% | $310,320 +749.1% |
| 2018 | $7,645 +7.9% | $36,547 +5.2% |
| 2017 | $7,085 +18.5% | $34,754 +5.3% |
| 2016 | $5,980 | $33,019 +6% |
| 2015 | $5,980 +60.1% | $31,150 +0.3% |
| 2014 | $3,735 | $31,053 +2% |
| 2013 | -- | $30,456 +5.2% |
| 2012 | -- | $28,962 +5.3% |
| 2011 | -- | $27,516 +6% |
| 2010 | -- | $25,959 +0.3% |
| 2009 | -- | $25,878 +2% |
| 2008 | -- | $25,380 +5.2% |
| 2007 | -- | $24,135 +5.3% |
| 2006 | -- | $22,930 +6% |
| 2005 | -- | $21,633 +0.3% |
| 2004 | -- | $21,565 +2% |
| 2003 | -- | $21,150 +5.2% |
| 2002 | -- | $20,113 +5.3% |
| 2001 | -- | $19,109 +6% |
| 2000 | -- | $18,028 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Cobble Hill
Nearby schools
GreatSchools rating
- 8/10Ps 29 John M HarriganGrades: PK-5Distance: 0.1 mi
- 5/10School For International StudiesGrades: 6-12Distance: 0.3 mi
- 8/10Digital Arts and Cinema Technology High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.






