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166 DEGRAW Street
About This Property
The home features two private roof decks, including one with incredible Manhattan views, perfect for convenience and entertaining. The open first floor showcases high ceilings and custom details including Madera Trade black walnut floors and industrial-chic finishes. A state-of-the-art kitchen is fitted with black steel Subzero Wolf appliances and a large custom island with breakfast bar seating, perfect for hosting or casual dining.
The lower level provides a spacious recreation room, adaptable for an office, fitness room, media, or living space, and features a convenient laundry nook, powder room, and a beverage center with two wine coolers. The second floor is home to a stunning floor-through primary suite, complete with a walk-in closet, a private roof deck, and a spa-like bathroom featuring a soaking tub and glass-enclosed shower. Two additional bedrooms on the third floor offer ample storage, large windows, and one includes an en-suite bathroom. Added luxuries include radiant heated floors and an intercom system.
Located in the vibrant neighborhood of Carroll Gardens on the edge of Cobble Hill, 166 Degraw Street places you in close proximity to some of Brooklyn's finest dining, shopping, and green spaces. Enjoy a peaceful afternoon in Cobble Hill Park or explore lively Court Street & Smith Street, filled with boutique shops, cafes, and restaurants. The home is also conveniently located near the Carroll Street subway station, providing easy access to Manhattan and the Brookyln Bridge Park. Cobble Hill's rich history and charming streetscapes make this the perfect place to call home.
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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 7, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | Price Decreased |
$3,295,000
↓ $200K
(5.7%) | |
| Price Decreased | |||
| Mar 27, 2025 | Price Decreased |
$3,495,000
↓ $155K
(4.3%) | |
| Price Decreased | |||
| Oct 29, 2024 | Listed by Brown Harris Stevens Residential Sales LLC | $3,650,000 | |
| Listed by Brown Harris Stevens Residential Sales LLC | |||
| May 25, 2020 | Listed | $3,650,000 | |
| Listed | |||
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Welcome home to 166 Degraw Street, a rare opportunity for a savvy buyer! It is an immaculately renovated single-family townhouse set on a corner in prime Carroll Gardens & Cobble Hill with two-car garage parking. With distinctive curb appeal, it is ideally configured as a stately four-level brick home with ample outdoor space on two separate roof decks. The first floor greets you with a huge open living/dining room, kitchen, six windows, and soaring ceilings, and gorgeous wide-plank black walnut floors. The kitchen has a massive island with ample room for breakfast seating, quartz counters, and high-end black steel appliances. Below the first floor, the cellar has been finished and climate-controlled with tall ceilings and a large room which will be a perfect home theater, gym, children's playroom, or wine cellar. There is a fully outfitted laundry room, wet bar, and powder room on this level. The jaw-dropping master suite occupies the entire second floor. It has a huge corner master bedroom, beautifully appointed, windowed 5 piece master bath with freestanding soaking tub, multiple closets, and a den with direct access to an 18' X 11' private terrace. The third floor has two additional large bedrooms and two additional bathrooms, one en-suite. The roof offers a huge, approximately 800 square foot roof deck with Manhattan views ? ideal for serious entertaining. Located in coveted Cobble Hill, your hew home is close to everything including tons of excellent local and national retail & dining on Court Street and Atlantic Avenue, Brooklyn Bridge Park, top schools, great subway access. Getting out of Brooklyn is a breeze with your two garage parking spots and easy access to the BQE. This home represents one of the best values for a mint, single-family home in this neighborhood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017