---
title: "38 Douglass Street, Brooklyn, NY 11231"
description: "38 Douglass Street, Brooklyn, NY 11231 — NYC real estate listing on Real Estate Rebate Team. Priced at $3,995,000. Est. potential buyer savings up to $99,875 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11231/38-douglass-street-ny-11231"
source: "Real Estate Rebate Team"
---

# 38 Douglass Street, Brooklyn, NY 11231

> **Listing Courtesy of:** Compass

## Description

OPEN HOUSES ARE ALL BY APPOINTMENT ONLY!

Positioned on a picturesque, tree-lined townhouse block in Cobble Hill, 38 Douglass Street is a 22'4" wide three-family townhouse set on a 25' x 100' lot, offering approximately 2,350 square feet of additional buildable FAR.

The property presents a compelling opportunity defined by its scale, width, and underlying potential. Whether you’re envisioning a fully customized single-family residence, a ground-up boutique condominium development, or a strong income-producing asset, the flexibility here is exceptional, with the property able to be delivered vacant.

The existing home features original wide plank hardwood floors throughout much of the residence and enjoys a stunning south-facing yard, offering light and outdoor space rarely found in properties of this kind.

Located between Court and Smith Streets, you’re surrounded by some of Brooklyn’s best restaurants, shopping, and everyday conveniences. Not only is this one of the most prime locations in Brooklyn, but it stands among the most desirable in all of New York City. Combined with close proximity to some of the area’s most sought-after schools, the setting further enhances both lifestyle and long-term value.

Please note that the parlor and garden duplex photographs have been digitally altered to remove the current tenants’ belongings.

All prospective purchasers should consult with their architect or other professionals to verify buildable square footage and explore the full extent of development potential.

## Property Details

- **Price**: $3,995,000
- **Potential Buyer Rebate**: $99,875
- **Bedrooms**: 5
- **Bathrooms**: 3 full, 1 half
- **Living Area**: 2,918 sqft
- **Property Type**: Residential
- **Year Built**: 1920
- **Building**: 38 Douglass Street
- **Neighbourhood**: Cobble Hill
- **Area / Borough**: Brooklyn
- **Subdivision**: Cobble Hill
- **Listing Office**: Compass
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$99,875** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/38-douglass-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/cobble-hill)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.