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$2,450,000

Introducing 135 Decatur Street, a true trophy 5-family brownstone that seamlessly blends architectural significance, luxury craftsmanship, and strong in-place income. Completely gut renovated from the ground up with no expense spared, this exceptional property stands as a rare, turnkey opportunity to acquire a high-quality Brooklyn brownstone that performs as beautifully as it presents. The building is anchored by a spectacular duplex spanning the parlor level and fully finished basement, configured as a 5-bedroom residence offering grand scale, generous ceiling heights, and refined contemporary finishes. Designed with both lifestyle and functionality in mind, this residence delivers true townhouse living - ideal for an end user seeking a statement home supported by substantial rental income. Above, the second and third floors each feature two impeccably renovated one-bedroom apartments, all thoughtfully laid out to maximize light, flow, and long-term tenant appeal. Each unit reflects the same elevated standard of construction, with modern kitchens and baths, quality materials, and cohesive architectural detailing throughout. Every component of the property has been thoughtfully rebuilt - including mechanical systems, infrastructure, and interior build-outs - resulting in a brownstone that is both aesthetic and fundamentally sound. This is a true turnkey asset, eliminating the capital-expenditure risk that often accompanies historic properties. From an investment standpoint, the property offers the rare profile of a luxury "trophy" asset delivering a healthy, in-place return at approximately a 7% cap rate - making it equally compelling for long-term holders, family offices, or owner-users looking to preserve capital while enjoying meaningful cash flow. Whether acquired as a legacy hold, luxury house-hack, or portfolio cornerstone, 135 Decatur Street represents a unique opportunity to own a high-caliber Brooklyn brownstone with both prestige and performance.

11630323 MLS

135 Decatur Street, Brooklyn

$12,385

Four Story Community Use Facility Limestone Building in the heart of Stuyvesant Heights in Bedford-Stuyvesant. The building offers three floors of class rooms and one floor of administrative space an elevator and basement. Convenient location and near to the A & C trains. (J, M & LIRR are near by) and Buses 46, 25, 26 & 15. The cross streets are Jefferson Avenue and Hancock Street. The main corridors are Atlantic Ave, Fulton Street, Utica Ave., Gates and Broadway. The building was previously leased to a Pre-K organization. There are two half bathrooms on each floor for a total of 8 bathrooms and a finished basement with warming kitchen and an additional half bath. The kitchen can possibly be completed as a full kitchen. Front & rear egress on all floors and a small outdoor space in the rear of building. Space can be divided. To view this space, please contact the listing brokers. Interested in lease of 3 years or more to start. The approximate square footage is: Rear stairs area: 109 SF per floor 1st, 2nd, 3rd, 4th floors: 1006 SF each floor Cellar: 995 SF Total (not including rear stairs, only main building): 5,019 SF. Tenant pays utilities and elevator expenses.

7.5 Baths ⋅ 10649353 MLS

281 Stuyvesant Ave., Brooklyn