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About This Home

This 5-bedroom, 3-bathroom residential multi family at 38 Douglass Street in Brooklyn, NY is listed for $3,995,000 ($1,369 per sqft). the home offers 2,918 sqft of living space on a N/A lot.

Agent Description

"OPEN HOUSES ARE ALL BY APPOINTMENT ONLY! Positioned on a picturesque, tree-lined townhouse block in Cobble Hill, 38 Douglass Street is a 22'4"" wide three-family townhouse set on a 25' x 100' lot, offering approximately 2,350 square feet of additional buildable FAR.

The property presents a compelling opportunity defined by its scale, width, and underlying potential. Whether you re envisioning a fully customized single-family residence, a ground-up boutique condominium development, or a strong income-producing asset, the flexibility here is exceptional, with the property able to be delivered vacant.

The existing home features original wide plank hardwood floors throughout much of the residence and enjoys a stunning south-facing yard, offering light and outdoor space rarely found in properties of this kind. Located between Court and Smith Streets, you re surrounded by some of Brooklyn s best restaurants, shopping, and everyday conveniences.

Not only is this one of the most prime locations in Brooklyn, but it stands among the most desirable in all of New York City. Combined with close proximity to some of the area s most sought-after schools, the setting further enhances both lifestyle and long-term value.

Please note that the parlor and garden duplex photographs have been digitally altered to remove the current tenants belongings. All prospective purchasers should consult with their architect or other professionals to verify buildable square footage and explore the full extent of development potential."

Property Details

3 full

Monthly Cost Estimate

$21,366/mo

20% down · 6.5% · 30 years

Principal$2,889
Interest$17,312
Insurance$1,165

Estimates only. Actual payments may vary.

Location

38 Douglass Street

Brooklyn, NY 11231

Property Details

Parking

Garage

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 38 Douglass Street is listed at $3,995,000 ($1,369/sqft). The estimated monthly payment is $17,312 based on 20% down at 6.5% interest.

This property is listed by Greg Mire and can be reached at 2129139058 or gmire@compass.com.

GM

Greg Mire

Agent at Compass

(212) 913-9058

Listed by Compass · View on Broker Site

MLS# 11740405· Source: listhub· Updated 37 days ago

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

38 Douglass Street, Brooklyn, NY 11231

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