118 Remsen St. $8,995,000

    Close

    118 Remsen St. Brooklyn, NY 11201

    • 10 Beds
    • 9 Baths
    • 10,200 sq. ft.
    • Multi-Family
    • MLS# 3734683
    Favorite Share
    Views: 4 Days On Site: 9

    Go Tour This Listing

    Schedule A Showing

    Property Details

    The year was 1900, and the construction labor force was ripe with European craftsmen who took enormous pride in every brick, every hand carved stone, every cornice, every ceiling archway and every inch of inlaid flooring. "They don't make em like they used to" is unfortunately true in many cases. That statement makes this particular property an even greater tribute to the preservation/restoration of a timeless treasure. It is a uniquely detailed iconic residence, and an unapparelled example of craftsmanship long lost. Unbelievably elegant AND incredibly well priced, this massive 25 foot wide historic brownstone home has as many possible uses as it does points of value and beauty. Framed beneath its behemoth (approximately) 10,200 square foot interior are a wealth of possibilities for the end user, the investor, the developer or simply for a buyer looking to capture a lost treasure in brick and mortar. For an end user, this home represents a substantial income producer as well as providing for a delightfully stylish triplex residence while enjoying top market income values from the 6 very well maintained rental apartments. For the investor, 118 Remsen provides a rare opportunity to amass a property of this magnitude and style with a solid uninterrupted record of proven success from top to bottom with little need for remodeling. For the developer, this illustrious home can become your "crown jewel" transitioning from multifamily gem to single family masterpiece, or majestic condominium homes. For the "treasure hunter, the devil (or heaven !) is in the details. Any way you look at it, 118 Remsen Street is magical.6 beautiful residences; 5 spacious 1 bedroom apartments and 1 trophy triplex home. The owner's triplex, (this building's focal point of authenticity and grace), is spread over parlor, garden and basement levels and dedicated to fulfilling all of the comforts of the owner including an incredible parlor level "great room"; elegant garden level living room; extraordinary kitchen with Wolfe, and SubZero appliances framed in marble; intimate patio off of the dining area; 3 huge bedrooms all with 13 foot ceilings and oversized windows; 3 full en suite baths; 1 powder room; a graceful staircase and entry foyer; a massive custom 500 bottle wine cellar, large media center, exercise area and more than ample storage space near the dedicated laundry center. There is also an "owners home office" north facing and beautifully detailed as an adjunct to the owner's triplex. The 5 apartments above the owner's residence are all in top condition and at market rents. "Sprawling", "endless", "luxurious", "timeless" call it whatever you like, especially if you are smart enough to call it "home"/or better yet "Home Run". Located in "the best neighborhood in New York", of course, and within a stone's throw to everything chic, hip, necessary and cool, such as: shopping, restaurants, parks, schools, transportation, services, solons, museums, houses of worship, library, and so much more. It's true, "They don't make em like they used to" anymore.... but this one can be yours for the asking. Finally, welcome home!

    • General Features
      • Year Built 1856
      • Hoa Fee 0.00
      • Neighborhood Brooklyn Heights
      • New Development No
      • Real Estate Tax 5965
    • Building Features
      • Building Bike Storage No
      • Building Class C2
      • Building Doorman No
      • Building Elevator No
      • Building Garage No
      • Building Gym No
      • Building Laundry No
      • Building Pets No
      • Building Pool No
      • Building Prewar No
      • Building Rooftop No
      • Building Storage No
      • Courtyard Yes
      • Foyer Yes
      • Garden No
      • Has Fireplace No
      • Has Outdoor Space Yes
      • Multilevel Yes
      • North Exposure Yes
      • Number of Building Stories 4
      • Number of Building Units 6
      • Number of Half Baths 0
      • Number of Rooms 20.00
      • Unit Balcony No
      • Unit Garden No
      • Unit Laundry Yes
      • Unit Terrace No

    Contact

    Neighborhood

    11201 (Brooklyn) Demographics

    35 Median Age
    44,558 Population Density (per sq. mile)
    78% College Educated
    $129,248 Estimated Median Income
    10,422 Estimated Total Home Owners
    18,171 Estimated Total Renters
    36% / 64% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    63,378 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,575,000 Median Sales Price
    35 Homes Sold
    200 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $8,995,000
        1/14/2022 2:34:00 PM New in Database Source: Multiple Listing Service New Value: $8,995,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.