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25 CRANBERRY Street
About This Property
A process of search and discovery started in 1995 created a minimalist work of artful preservation at 25 Cranberry Street, a late 18th century farmhouse, recorded by the NYC Registrar in the early 19th. Layers of paper peeled away to reveal shades of ochre and indigo on plaster and 60's flooring lifted to exquisite original planks. An enchanting World of Interiors emerged and was captured in print by WOI in December 2005.
From then until now, the preservationist-in-residence has managed all with a delicate and refined sensibility. The option of raising the rear top floor roof for a view of sky, garden and a second bath, invites the next owner to open a new chapter in the history of this home. Stones in the garden from a past farm boundary await their next purpose.
Measuring 25 x 30 on a 27.08' x 101.17' lot, 4 floors of living space are estimated at 3,263 sf. The original layout, the epitome of the luxury of enough, includes 4 bedrooms, 1 full and one half-bath, a dressing room, library, parlor, kitchen, and dining room. Heated in the 1800's by 3 wood-burning fireplaces, it is evenly comfortable now with multi-zone recirculating hot water heat as well as two of the same firesides.
There is splendid natural light front to back from north and south exposures and this picturesque and tranquil fruit street location has walking-home-views of the NYC skyline and sunset to the west. Inga's is on the corner, a year-round Tues/Sat Greenmarket nearby, scores more shops and dining locations within blocks and The Park, The Promenade and The Bridge too. Now more than ever, it's time to enjoy Brooklyn Heights, America's first suburb, and NYC's first Landmark District, minutes from Manhattan.
Please call for an appointment to visit. Video available soon..
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017