Multi Family, 74 3RD Place #, Carroll Gardens-Columbia Street-Red Hook - Real Estate New York

Description

A Rare Carroll Gardens Gem - 74-76 Third Place

Nestled on one of the most picturesque blocks in coveted Carroll Gardens, 74-76 Third Place is a truly rare offering that effortlessly blends grandeur, charm, and versatility. This magnificent 38-foot-wide townhouse boasts a commanding presence and a unique opportunity for both end-users and investors alike.

Comprising five spacious units, the property includes:

Two well-appointed two-bedroom free market rentals
Two one-bedroom plus home office rent-stabilized units
A sprawling 1,800+ sq ft owner's residence that spans the entire first floor

The Owner's Residence: Elegance Meets Comfort

Entering the owner's unit, you're greeted by soaring ceilings, original architectural details, and an abundance of natural light from three exposures that wrap around the building. This expansive layout offers generously proportioned rooms, extensive storage, and a rare sense of privacy and scale.

The primary suite is privately situated in its own wing, featuring an en-suite bath, ample closet space, and a vast bedroom layout that allows for further customization or storage expansion. On the opposite side of the home, two large secondary bedrooms provide flexibility and comfort, easily accommodating multiple beds if needed. A second full bath, complete with shower/tub combo and in-unit washer/dryer, completes this wing.

At the rear of the home, a thoughtfully divided great room creates a natural flow between the formal living and dining areas. The sun-drenched living room, wrapped in oversized windows, offers peaceful views of the garden, while the dining room-equipped with built-in bookshelves-can serve as a formal entertaining space or a hybrid dining/home office area.

The chef's kitchen is enclosed and outfitted with premium cabinetry, top-tier appliances, and Wolf fixtures, making it as functional as it is beautiful.

An Urban Oasis: The Garden

Head outside to discover an incredible private garden that stretches the full 38-foot width of the building. A true sanctuary, this space is a blank canvas for the aspiring gardener or entertainer and represents a nearly unheard-of luxury in Brooklyn townhouse living.

Income Potential & Investment Highlights

The upper rental units have been meticulously maintained, with substantial upgrades throughout. The building offers:

Strong rental income from both free market and rent-stabilized units
Coin-operated laundry for residents, generating additional income
Designated storage shelves for each unit
Additional basement space with potential for a home gym, office, or studio
Bike storage and convenient separate access to the front courtyard

Whether you're seeking an elegant Brooklyn residence with supplemental income, or a strategic investment in a historically significant and high-demand neighborhood, 74-76 Third Place delivers unmatched flexibility and value.
For rental income details, building expenses, or to schedule a private viewing, please contact the listing broker directly.

Listing courtesy of Corcoran Group ...
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