by RH Advisors

See Home Value
$1,150,000
Multifamily - Off Market

163 CHESTNUT Street #NA

Brooklyn, NY 11208
bedrooms
11 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4038 Sqft
$1,170,210
RealtyHop Estimate
1.76%
Since Jul 1, 2023
NY-New York
Primary Model

About This Property

Welcome to 163 Chestnut Street Brooklyn, New York. This beautiful brownstone is located on a tree-lined block in the heart of Cypress Hills with a charm unique to Brooklyn.

This legal three-family has three full floor-through apartments with double and triple entry ways. All kitchens and bathrooms were fully renovated boasting new appliances, high ceilings, recessed lighting, hardwood floors, all new elongated windows with custom window treatments allowing for beautiful sunlight to flood in. With loads of original detail, all units are approximately 1100 Square feet with the top two floors offering three bedrooms convertible to four.

The Garden level is unusually spacious with two-and-a-half bedrooms and the potential to be an owner's duplex connecting to the basement. Access your vast outdoor area directly from your first-floor kitchen and the basement, with plenty of room to garden, BBQ, and entertain on those beautiful Brooklyn spring and summer days or even fall and winter with a heating lamp.

The partially finished basement has a separate entrance to the backyard with endless potential. Design your own space in the basement which has been partially finished with sheet rock already up and plumbing in place. Again, with potential to be combined with the first floor as an owner's duplex; with lots of space to add multiple rooms such as a media room, recreation room, den, office, study, fitness area, library, or whatever you can think of.

You are surrounded by a plethora of retail stores, super markets, and restaurants. Just a stroll away from the renowned Highland Park where you can enjoy Summer concerts and picnics. The J and Z train at Crescent Street Station provides approximately 15-minute ride into lower Manhattan while the local B13 and Q24 Buses make traveling a cinch. Great opportunity for a buyer looking to reside here while earning double income or an investor who desires triple income.

This Multi-family qualifies for a rate of 4.75% on a 30-year fixed loan as well as $4000 credit towards closing with First Republic Bank's Eagle program. Must be used as primary residence to qualify. This opportunity is too good to pass up. Make your appointment today!
Unit Size
4,038Ft²
Days on Market
206 days
Land Size
-
Price per sqft
$285
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1901
Last updated: 8 months ago (RLS #RPLU-33422175499)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold $1,150,000
Sold
Mar 9, 2023 In contract -
In contract
Feb 27, 2023 Price Decreased $1,150,000
↓ $350K (23.3%)
Price Decreased
Dec 15, 2022 Price Increased $1,500,000
↑ $502K (50.3%)
Price Increased
Dec 6, 2022 Listed by Corcoran Group $998,000
Listed by Corcoran Group

Property Highlights

Interior Details

Bedroom Information

Bedrooms: 11

Bathroom Information

Full Bathrooms: 3
Half Bathrooms: 1

Interior Information

Appliances: Washer Dryer Allowed

Room Information

Rooms: 16
Exterior Details

Property Information

Property Condition: GoodCondition


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
11 Beds
6 Baths
-
$1,100,000 Dec 5, 2019
$1,100,000 Sep 7, 2021
$1,183/mo
Multifamily
11 Beds
4 Baths
-
$960,000 Apr 23, 2019
$960,000 Sep 20, 2019
$380/mo
Multifamily
5 Beds
2 Baths
2,460 ft²
$378/ft²
$930,000 Apr 12, 2023
$930,000 Sep 15, 2023
-
Multifamily
10 Beds
4 Baths
-
$1,200,000 Nov 19, 2022
$1,200,000 Jun 20, 2023
$679/mo
Multifamily
10 Beds
4 Baths
-
$980,000 Oct 31, 2022
$980,000 Jun 20, 2023
$548/mo
Townhouse
10 Beds
6 Baths
-
$1,050,000 Jun 21, 2021
$1,050,000 Nov 10, 2021
-
Townhouse
9 Beds
3 Baths
3,000 ft²
$416/ft²
$1,249,000 Sep 14, 2023
-
$414/mo
Townhouse
5 Beds
5 Baths
2,555 ft²
$479/ft²
$1,224,000 Aug 1, 2023
-
$477/mo
Townhouse
6 Beds
3 Baths
2,320 ft²
$422/ft²
$980,000 Jun 24, 2023
-
$535/mo
Townhouse
5 Beds
3 Baths
1,814 ft²
$510/ft²
$924,999 Sep 14, 2023
-
$517/mo
Multifamily
8 Beds
3 Baths
-
$1,145,000 Mar 28, 2023
-
$469/mo
Multifamily
6 Beds
5 Baths
-
$1,150,000 Dec 30, 2022
-
$333/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221206 Unit NA
12/06/2022
NA
11 Bed
4 Bath
4038 ft²
$998,000
bedrooms
11 Bed
bathrooms
4 Bath
square feet
4038 ft²
$1,150,000 +15.23%
06/30/2023
-
Aurora Maldonado
The Corcoran Group

Building Info

163 Chestnut Street 163 Chestnut Street, Brooklyn, NY 11208
  • 3 Units
More about this Building
163 Chestnut Street
Want to find out who owns 163 Chestnut Street, Brooklyn, NY 11208? Get detailed property transactions here .

About Eastern Brooklyn


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