24
Map
162 State Street
About This Property
The elegant parlor level is designed for both grand entertaining and comfortable everyday living, featuring multiple fireplaces and oversized windows overlooking the picturesque, tree-lined street. A thoughtfully designed kitchen is complemented by an adjoining breakfast room, while modern comforts include multi-zone central air conditioning throughout.
This legal two-family residence is currently arranged as a spacious owner's triplex above a private garden apartment. The owner's residence includes five bedrooms, two-and-a-half bathrooms, and direct access to every outdoor space. The garden-level apartment, with one bedroom and one bathroom, offers excellent flexibility as an income-producing rental, guest suite, or private accommodation.
Outdoor living is equally impressive, with a deep, tranquil landscaped garden ideal for al fresco dining and entertaining, as well as an upper terrace and private balcony that provide additional opportunities to enjoy the outdoors.
Perfectly positioned just moments from the waterfront promenades and world-class amenities of Brooklyn Bridge Park, the home is also a short stroll from the acclaimed restaurants, boutiques, and cafes of Atlantic Avenue and Court Street. Convenient access to multiple subway lines provides seamless connectivity to Manhattan and the rest of New York City.
Combining authentic Greek Revival architecture with remarkable scale, modern amenities, and exceptional privacy, 162 State Street presents a rare opportunity to own one of Brooklyn Heights' most distinguished townhouse residences.
In addition, the new owner has the ability to increase the size of the building by a minimum of 1,800 square feet.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2026 | Price Decreased |
$5,850,000
↓ $650K
(10%) | |
| Price Decreased | |||
| Jul 10, 2026 | Listed by Corcoran Group | $6,500,000 | |
| Listed by Corcoran Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017