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294 Degraw Street
Carroll Gardens, New York
$4,650,000 Price
- Bedrooms   - Baths
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294 Degraw Street, Carroll Gardens, New York

Once-in-a-Lifetime Opportunity: Exceptional 25-Foot Wide Townhouse on Prime Block in Carroll Gardens Presenting 294 Degraw Street—a rare chance to own an expansive 25-foot-wide townhouse on one of Carroll Gardens’ most sought-after blocks. This extraordinary property, set on an extended 100-foot-deep lot, offers an exceptional canvas filled...

Once-in-a-Lifetime Opportunity: Exceptional 25-Foot Wide Townhouse on Prime Block in Carroll Gardens Presenting 294 Degraw Street—a rare chance to own an expansive 25-foot-wide townhouse on one of Carroll Gardens’ most sought-after blocks. This extraordinary property, set on an extended 100-foot-deep lot, offers an exceptional canvas filled with possibilities. Currently configured as four spacious 2-bedroom floor-through apartments, each unit is adorned with original architectural details, soaring ceilings, and abundant natural light, embodying the classic charm of this historic neighborhood. The property includes a beautifully finished basement with high ceilings, perfect for additional living, entertaining, or recreational space, further maximizing the home’s versatility. Step into an expansive private backyard ready for your vision—whether for lush landscaping, outdoor gatherings, or a peaceful retreat. Boasting excellent structural and mechanical integrity, 294 Degraw Street is ideal for a luxurious single-family conversion, aligning with other premier homes on this prime block. The layout allows for creating a grand mansion, a two- or three-family residence, or an upscale condominium conversion, offering boundless potential. With 830 sq ft of available air rights and the advantage of being non-landmarked in a landmark neighborhood, the property provides further flexibility for tasteful renovations or expansions. Nestled in the heart of brownstone Brooklyn, Carroll Gardens is celebrated for its tree-lined streets, classic brownstone architecture, and lively community vibe. Bordering Cobble Hill, the neighborhood offers ultimate convenience with easy access to transit, lush parks including Brooklyn Bridge Park, and the vibrant shopping and dining along Court and Smith Streets. Widely regarded as one of New York City’s most desirable areas, Carroll Gardens is the perfect backdrop for this timeless property. Unique Portfolio Opportunity In addition, 294 Degraw Street is available as part of an exceptional free-market portfolio in Carroll Gardens, Brooklyn. This rare offering of four buildings, located nearby, spans nearly 16,000 sq ft and includes 11 free-market apartments and 6 retail stores on Court Street. With significant upside potential and redevelopment opportunities, this is an unparalleled investment prospect in one of Brooklyn’s most coveted neighborhoods. For discerning investors and 1031 exchange buyers, the chance to secure this portfolio is truly unmatched. Please inquire for further details on this unique offering.

Courtesy of Triumph Property Group Ltd

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

New Listing
Carroll Gardens, New York
Type:
Price: $4,650,000
Date Listed: 10/31/2024
Web ID: 1093448754

Info & Amenities

Built: 1900
Pets allowed: Yes

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

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