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Off market
  • $5,311,500

    56 Butler St APT 3, Brooklyn, NY 11231

    7beds
    3,884sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $5,311,500 Zestimate®
    $1,368/sqft
    $7,092 Estimated rent

    Home value

    $5,311,500

    $4.57M - $6.16M

    $7,092/mo

    Zestimate® history
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    Owner options

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    $7,092/mo

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    $7,092/mo

    Rent Zestimate®

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    $25,642/mo

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    $25,642/mo

    Est. payment

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    What's special

    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!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Interior area
    • Total interior livable area: 3,884 sqft

    Property

    Lot
    • Size: 2,158 sqft
    Details
    • Parcel number: 004080034

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    10/14/2021Sold$3,600,000-4%$927/sqft
    Source: Public Record Report a problem
    6/26/2019Listing removed$3,750,000$965/sqft
    Source: Compass Report a problem
    4/1/2019Price change$3,750,000-5.1%$965/sqft
    Source: Compass Report a problem
    3/5/2019Listed for sale$3,950,000$1,017/sqft
    Source: Compass Report a problem
    9/4/2018Listing removed$3,950,000$1,017/sqft
    Source: Compass Report a problem
    5/14/2018Price change$3,950,000-7.1%$1,017/sqft
    Source: Compass Report a problem
    3/21/2018Listed for sale$4,250,000+59.2%$1,094/sqft
    Source: Compass Report a problem
    12/15/2014Sold$2,670,000+109.4%$687/sqft
    Source: Public Record Report a problem
    7/18/2005Sold$1,275,000+537.5%$328/sqft
    Source: Public Record Report a problem
    9/2/2003Sold$200,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,644 +4.7%$264,180 +26.6%
    2024$9,209 $208,680 +13.1%
    2023-- $184,440 -4.4%
    2022-- $192,840 -0.5%
    2021-- $193,860 -1.7%
    2020$8,644 +56.6%$197,160 +6.4%
    2019$5,519 +7.3%$185,280 +653.2%
    2018$5,146 +8.8%$24,598 +6%
    2017$4,731 +16.3%$23,208 +6%
    2016$4,067 $21,896
    2015$4,067 +68%$21,896 +0.8%
    2014$2,421 $21,728 +6%
    2013-- $20,499 +6%
    2012-- $19,340 +6%
    2011-- $18,247
    2010-- $18,247 +0.8%
    2009-- $18,107 +6%
    2008-- $17,083 +6%
    2007-- $16,117 +6%
    2006-- $15,206
    2005-- $15,206 +0.8%
    2004-- $15,090 +6%
    2003-- $14,236 +6%
    2002-- $13,431 +6%
    2001-- $12,672
    2000-- $12,672

    Find assessor info on the county website

    Neighborhood: Cobble Hill

    Nearby schools

    GreatSchools rating