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Presented by
Ashley Canger |
138 Kane Street, Brooklyn (Cobble Hill), NY, 11231 | $5,850,000
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.
Features
- Town: Brooklyn
- Levels: 4
- Rooms: 13
- Bedrooms: 6
- Baths: 4 full
- Lot Size: 25.00 x 100.00
- Laundry: See Remarks
- Year Built: 1850
- Approx Sq. Feet: 4,596
- Est. Taxes: $8,900
- Pet Policy: Building Yes,Yes
- MLS#: RLS20056579
- Days on Market: 132 days
- Website: https://www.raveis.com
/prop/RLS20056579/138kanestreet_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Ashley CangerSales Associate
413.717.1091
Ashley.Canger@Raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Jennifer CarretoVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 829975
860.990.4029
Jennifer.Carreto@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance
617.320.5687
Joel.Fanjoy@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
138 Kane Street, Brooklyn (Cobble Hill), NY, 11231
$5,850,000
Ashley Canger
Sales Associate
William Raveis Real Estate
Phone: 413.717.1091
Ashley.Canger@Raveis.com
Jennifer Carreto
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.990.4029
Jennifer.Carreto@raveis.com
NMLS Mortgage Loan Originator ID 829975
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $4,680,000 | $4,680,000 | $4,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.806% |
| Monthly Tax Payment | $742 | $742 | $742 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $25,482 | $27,684 | $38,551 |
| Total Monthly Payment | $26,349 | $28,551 | $39,418 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535