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28 College Place
About This Property
Inside, the home reveals a rich tapestry of original detail: soaring tin ceilings, timeworn hardwood floors, ornate cast iron radiators, and beautifully aged moldings that speak to its past life as a working stable. Historic elements such as original hay doors, transoms, and shutters remain intact, offering both texture and narrative throughout the space. Skylights and oversized windows invite natural light to pour in, illuminating every corner and enhancing the warmth of its preserved finishes.
The layout spans approximately 2,640 square feet, across two floors, and is thoughtfully arranged with a full kitchen and dining area, anchored by a central island, alongside three well-proportioned bedrooms. Each room carries its own sense of history, while still offering a compelling canvas for thoughtful restoration or reimagination. The ground floor is currently an open concept space, and can be used for garage storage, art studio, and more.
What makes this offering truly special is not only its architectural provenance, but its rarity; homes of this caliber, with such authenticity and untouched character, seldom come to market. It is a residence for the discerning buyer who values history, craftsmanship, and the opportunity to steward a legacy property into its next chapter.
Perfectly positioned just moments from the charm and convenience of Brooklyn Heights, residents enjoy close proximity to the neighborhood's most beloved destinations, including Brooklyn Bridge Park, the iconic Brooklyn Heights Promenade, and the boutiques and dining along Montague Street. With easy access to the New York City Subway via nearby Clark Street and Court Street stations, Manhattan is just one stop away, offering a seamless balance between historic tranquility and urban accessibility.
Lot dimension 20x82ft
Building dimension 20x66ft
Some images are virtually staged.
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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%.
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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.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017