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For Sale

135 Decatur Street

Brooklyn, NY 11216

$2.45M
· Built 1899
The residence

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.

At a glance
Property type
Status
Active
Year built
1899
MLS#
11630323
Beds · Baths
0 · 0
Location

Brooklyn, NY.

Brooklyn, New York, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.

Estimated Monthly Payment+
$12K/mo
Approximate · principal & interest only
Display Currency
$2.45M

Indicative conversion — settlement always in USD.

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Listing courtesy of TWELVE STONES REALTY · NYSMLS

My State MLS / New York State MLS.Listing data is provided by My State MLS / New York State MLS for the personal, non-commercial use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but is not guaranteed accurate and should be independently verified.

Listings updated Sep 22, 2026

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