---
title: "138 Kane Street, New York City, NY 11231"
description: "138 Kane Street, New York City, NY 11231 — Townhouse in Cobble Hill, Brooklyn, NY. Listing Price $5,850,000. In contract 4/13/2026. 6 bed, 4 bath, 4,596 sqft Illustrative Buyer Commission Share of $87,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11231/138-kane-street-ny-11231"
source: "Real Estate Rebate Team"
dateModified: "2026-09-11T11:34:04.788Z"
status: "Pending"
---

# 138 Kane Street, New York City, NY 11231

Townhouse in Cobble Hill, Brooklyn, NY

Courtesy of Century 21 Awaye Realty

Last updated: September 11, 2026, 7:34 AM

## At a Glance

- **Listing Price**: $5,850,000
- **Status**: In contract 4/13/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 6
- **Baths**: 4
- **Sqft**: 4,596
- **Monthly Taxes**: $742 / mo
- **Price per Sqft**: $1,273
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $5,850,000
- **Illustrative Buyer Commission Share**: -$87,750*
- **Illustrative Net Cost**: $5,762,250

*Illustrative Buyer Savings of $87,750 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![138 Kane Street, New York City, NY 11231 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/4402f954-7d4b-4776-99fe-95ff89b18013.jpg)
![138 Kane Street, New York City, NY 11231 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/97ac60ba-4717-45e0-9b8c-073d0aea6e57.jpg)
![138 Kane Street, New York City, NY 11231 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7979159f-88fb-4667-9a72-5198013ae329.jpg)
![138 Kane Street, New York City, NY 11231 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a1c430e6-ca51-4019-a0cd-80ec4713bc16.jpg)
![138 Kane Street, New York City, NY 11231 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b1c21cc2-1968-48f6-80ac-bb7c3630d4f3.jpg)
![138 Kane Street, New York City, NY 11231 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9f671c91-573d-4bf0-81ef-287582f8727f.jpg)
![138 Kane Street, New York City, NY 11231 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/608ec985-f09b-4d13-8496-ea7c3fc6ef3b.jpg)
![138 Kane Street, New York City, NY 11231 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b581e21e-2581-45fa-b636-dff789ce62cb.jpg)
![138 Kane Street, New York City, NY 11231 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/214b6d06-0fef-455e-af59-789f35e389ef.jpg)
![138 Kane Street, New York City, NY 11231 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/00848c13-38a3-428a-9206-41f4cc987435.jpg)

## Property Overview

Elegant Legal Three-Family Townhouse with Garden Apartment & Cellar

Nestled on one of Cobble Hill’s most picturesque, tree-lined streets, 138 Kane Street presents a rare opportunity to own a vacant, impeccably maintained townhouse rich in character, flexibility, and future potential.

This legal three-family townhouse, currently configured and used as a four-family, spans three full residential floors, a finished garden apartment, and a full cellar—ideal for end-users, investors, or multi-generational living. Thoughtfully cared for and in excellent condition, the home showcases classic pre-war details including high ceilings, hardwood floors, decorative mantels, and updated mechanicals, seamlessly blending timeless charm with modern comfort.

Current configuration:

Garden Apartment: One bedroom, kitchen, family room, and full bathroom
Second Floor: Bedroom, living room, kitchen, and bathroom
Third Floor: Two bedrooms, living room, kitchen with pantry, and bathroom
Fourth Floor: Two bedrooms, living room, kitchen with pantry, and bathroom

A full cellar provides abundant storage and utility space, while the generous lot offers significant upside. With approximately 1,477 square feet of unused FAR and a maximum allowable buildable area of 6,073 square feet, the property presents excellent potential for future expansion or rooftop additions (subject to DOB approval).

Perfectly situated between Cheever Place and Henry Street, the home is moments from Cobble Hill Park, Court Street cafés and boutiques, and convenient subway access—set in one of Brooklyn’s most sought-after neighborhoods, celebrated for its historic beauty and vibrant community.

All information, including square footage, is subject to errors and omissions.

## Property Details

- **Property Type**: Multi Family
- **Beds**: 6
- **Baths**: 4
- **Rooms**: 13
- **Sqft**: 4,596 sqft
- **Stories**: 4
- **Year Built**: 1850
- **Price per Sqft**: $1,273
- **Monthly Taxes**: $742 / mo
- **Listed On**: Oct 24, 2025
- **Days on Market**: 328 Days

### Residence Features

- See Remarks

## Estimated Monthly Payment

**$30,322 / month**, assuming a 20% down payment ($1,170,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $29,581
- **Property Taxes**: $742

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

138 Kane Street has 2 recorded sales since September 2021, the most recent for $2,775,000 in November 2023. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| Entire property (Multi Family) | 4 | — | $2,775,000 | — | November 13, 2023 | MLS |
| 3-A (Apartment) | 2 | 996 | $1,371,074 | $1,377/ft² | June 1, 2023 | City record · MLS |

Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below.

### How this price compares

- **This home**: $5,850,000
- **Median sold price**: $3,750,000
- **Difference**: +$2,100,000 (+56%)
- **This home, $/ft²**: $1,273
- **Median $/ft²**: $1,355
- **Comparable sales**: 9
- **Sales from**: January 2022 – August 2026
- **Middle half of those sales**: $2,775,000 – $4,500,000

Based on house sales in Cobble Hill.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Cobble Hill. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sale-to-list price**: 99.1% (7 sales)
- **Sold below asking**: 57% (7 sales)
- **Typical time to find a buyer**: 49 days (7 sales)
- **Typical time to close**: 79 days (7 sales)

Based on house sales in Cobble Hill with the required listing and closing data. Sample sizes vary by metric.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Sales data through August 2026.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 138 Kane Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/138-kane-street)

## Price and Property History for 138 Kane Street

Review the recorded listing activity for 138 Kane Street, including asking-price changes and prior market dates.

- **Entered contract**: April 13, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| April 13, 2026 | $5,850,000 | Entered contract |
| February 3, 2026 | $5,850,000 | Returned to the market |
| October 24, 2025 | $5,850,000 | Listed for sale by Century 21 Awaye Realty |

## Property Tax History

Taxes at 138 Kane Street were $8,730 in 2026, up 5.7% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $456,000 | $43,020 | $412,980 | $47,547 | $8,730 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $346,800 | $43,020 | $303,780 | $44,856 | $8,258 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $369,000 | $43,020 | $325,980 | $44,716 | $8,218 | 20.085% |
| 2023 (FY 2023/24) | $452,760 | $43,020 | $409,740 | $43,856 | $8,045 | 20.085% |
| 2022 (FY 2022/23) | $370,560 | $43,020 | $327,540 | $41,705 | $7,729 | 20.309% |
| 2021 (FY 2021/22) | $323,940 | $43,020 | $280,920 | $39,623 | $7,235 | 19.963% |
| 2020 (FY 2020/21) | $390,300 | $43,020 | $347,280 | $37,380 | $7,176 | 21.045% |
| 2019 (FY 2019/20) | $310,320 | $43,020 | $267,300 | $37,263 | $7,208 | 21.167% |
| 2018 (FY 2018/19) | $36,547 | — | — | $36,547 | $7,645 | 20.919% |
| 2017 (FY 2017/18) | $34,754 | — | — | $34,754 | $7,085 | 20.385% |
| 2016 (FY 2016/17) | $33,019 | — | — | $33,019 | $6,601 | 19.991% |
| 2015 (FY 2015/16) | $31,150 | — | — | $31,150 | $6,091 | 19.554% |
| 2014 (FY 2014/15) | $31,053 | — | — | $31,053 | $5,949 | 19.157% |
| 2013 (FY 2013/14) | $30,456 | — | — | $30,456 | $5,845 | 19.191% |
| 2012 (FY 2012/13) | $28,962 | — | — | $28,962 | $5,378 | 18.569% |
| 2011 (FY 2011/12) | $27,516 | — | — | $27,516 | $5,009 | 18.205% |
| 2010 (FY 2010/11) | $25,959 | — | — | $25,959 | $4,508 | 17.364% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3003220029. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 138 Kane Street

Cobble Hill · Multi Family

138 Kane Street, Brooklyn, NY 11231

A building in Cobble Hill, currently featuring 0 active listings.

- **Year Built**: 1850
- **Active Units**: 0
- **Floors**: 4

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/138-kane-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11231/138-kane-street-ny-11231) | 6 | 4 | 4,596 sqft | $1,273 | $5,850,000 — In contract | Century 21 Awaye Realty | Oct 24, 2025 | 327 days |

## Cobble Hill

Overview of Cobble Hill

[Explore Cobble Hill](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cobble-hill) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

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- [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus)

## Related Links

- [138 Kane Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/138-kane-street)
- [Cobble Hill neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cobble-hill)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
