Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

138 Kane Street

Pending · Listing by Century 21 Awaye Realty

138 Kane Street

Cobble Hill, Brooklyn

$5,850,000

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Pending For Sale Multi Family

$5,850,000

$1,273 per sq ft

138 Kane Street

Cobble Hill, Brooklyn

MLS® #RLS20056579

RLS at REBNY

Listing by Century 21 Awaye Realty

6
Bedrooms
4
Baths
4,596
Sq. Ft.
1850
Year Built

Quick Summary

Bedrooms 6
Bathrooms 4
Living Area 4,596 sq ft
Lot Size 2,500 sq ft
Year Built 1850
Ownership None
Property Taxes $8,900/yr
Neighborhood Cobble Hill

Property Highlights

  • Style: Prewar,WalkUp architecture
  • Character: Pre-war building (1850)

Property Details

Type Multi Family
Ownership None
Total Rooms 13
Baths 4 Full
Pets Yes
Cross Street Henry Street/Cheever Place
Year Built 1850
Living Area 4,596 sq ft
Architectural Style Prewar,WalkUp
Structure Type MultiFamily
Lot Size 2,500 sq ft
Parcel # 00322-0029
Block/Lot 0322/0029

Listing History

Event Date Price Change
Listed Oct 24, 2025 $5,850,000 -
Currently Aug 15, 2026 $5,850,000 -

Description

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. All information, including square footage, is subject to errors and omissions.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Stories 4
Structure MultiFamily
Style Prewar,WalkUp

Financial Details

RE Taxes $8,900/yr ($742/mo)

Cobble Hill is a small, highly sought-after neighborhood known for its historic charm and walkable streetscape. The area is famous for its impeccably preserved 19th-century architecture and the busy shops and cafes along Court Street. The real estate market is dominated by beautiful brownstones and brick townhouses, alongside intimate boutique condominiums that offer modern luxury while respecting the neighborhood's low-rise, historic character.

Cobble Hill Live Market Data

View Neighborhood

Active Listings

15

Median Asking Price

$5.35M

Median $/Sqft

$1,889

Avg Days on Market

N/A

New This Week

1

Price Reduced

7%

Sold (30 Days)

0

Median Sale Price

$2.01M

Live data from RLS at REBNY • Updated 8/15/26, 11:00 AM EST

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Location

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138 Kane Street, Cobble Hill, Kings County • Near Henry Street/Cheever Place

Virtual Tour

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3
Floor Plan 4
Floor Plan 5

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $8,900, or roughly $742 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 4 full bathrooms.

The listed interior living area is 4,596 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1850, making it approximately 176 years old.

This listing is None

Pets are permitted at this property. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $5,850,000 for 4,596 sq ft, the asking price per square foot is approximately $1,273. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20056579
First Listed: 10/24/2025
On Market: 10/24/2025
Price Changed: 10/24/2025
Pending Since: 4/15/2026
Contract Date: 10/24/2025

Listing Courtesy of Century 21 Awaye Realty - Danielle Victoria Waye

Listing Contact: (718) 806-9334

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 8/15/2026 at 3:00 PM UTC

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Cobble Hill Market Update

0 sales last 30 days · $5.35M median · N/A supply

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Quick Facts

Status Pending Type Multi Family Neighborhood Cobble Hill Borough Brooklyn
County Kings
Year Built 1850
First Listed 10/24/2025
Style Prewar,WalkUp
Living Area 4,596 sqft
Annual Tax $8,900

Monthly Costs Estimate

Down Payment 20%

$1,170,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $742
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$131,625

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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