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Welcome to 124 Kane Street, a distinguished federal-style brick and brownstone built circa 1840, nestled in the highly sought-after neighborhood of Cobble Hill, Brooklyn. This meticulously restored property, currently configured as a three-family home, offers a unique blend of historic charm and modern amenities across approximately 3, 400 square feet. The home's exterior sets the tone for a sophisticated yet welcoming interior, framed by elegant windows that flood the space with natural light.
The lower duplex, featuring three bedrooms and two full baths, is a testament to thoughtful design and comfort. The parlor floor boasts historically restored floor-to-ceiling windows, high ceilings, and beautiful original details. The expansive living room, complete with a working fireplace, flows seamlessly into a state-of-the-art kitchen equipped with a Viking Range, Sub-Zero refrigerator, and dishwasher. The natural light bounces off the rich wide plank wood floors, illuminating every detail of the expansive open floor plan. A windowed full bath completes this level. The garden level houses the bedrooms, walk in closets and an additional full bath off the primary suite, with direct access to a landscaped backyard perfect for outdoor dining and entertaining. Both lower duplex floors lead into the private south facing garden - a serene retreat that perfectly complements the home's luxury with a touch of nature. Central air and heat ensure year-round comfort, and the basement provides laundry facilities with a full-size washer/dryer plus additional storage and lovely brick arches providing the ideal structure.
The upper floors consist of two well-appointed apartments: a spaciuos one-bedroom unit with French doors opening into the living area, and a two-bedroom with high ceilings on the top floor, both featuring new baths. These units offer excellent income potential or the flexibility to convert the property into a two family or grand single-family residence.
Situated in leafy Cobble Hill with beautiful landmarked architecture, open sky and it's own well tended pocket park flanked by Michelin rated restaurants.
124 Kane Street is zoned for PS 29 along with St. Ann's, Packer, Friends, and Montessori. The location offers unparalleled access to Brooklyn Bridge Park, easy local ferries, and multiple subway lines (F/G, 2/3, 4/5, A/C, and R). The vibrant neighborhood is renowned for its tree-lined streets, exceptional dining, parks, and boutique shops, making Cobble Hill one of the most desirable areas in New York City.
This home is an opportunity to embrace the best of urban living while enjoying the comfort and elegance of a historic residence. Schedule a showing today to experience this extraordinary property for yourself!
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,440 | $23,051 | $30,623 |
Total Monthly Payment | $20,565 | $23,176 | $30,748 |
* 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.