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137 Nevins St, Brooklyn, NY, 11217

4beds
5baths
3,015sqft
$3,700,000
$1,227price/sqft
$21,429/moest. monthly cost
$857,160/yrincome needed

About This Home

137 Nevins Street presents a rare mixed-use opportunity in the heart of Boerum Hill/Cobble Hill, offering the flexibility of both residential income and commercial potential in one of Brooklyn’s most sought-after corridors. This two-family property with a commercial component blends classic Brooklyn character with strong upside for investors, end-users, or entrepreneurs seeking a live/work environment. The whole Bldg went through a full renovation and each unit has 2 bedroom 1 bath, with washer and dryer in unit ; balcony, dishwasher brand new appliances and the second unit has 2 bedroom 2 bathrooms with terrace and skylight . The property features a ground-floor commercial space ideal for boutique retail, office, wellness, gallery, café, or creative use, while the residential units above provide stable income potential or owner-occupancy flexibility. With excellent street presence and steady neighborhood foot traffic, the commercial component benefits from the energy and growth surrounding Nevins Street and nearby Atlantic Avenue. Positioned moments from Downtown Brooklyn, Boerum Hill, Cobble Hill, and Carroll Gardens, the property is surrounded by acclaimed restaurants, cafés, boutiques, and major transportation options including the Atlantic Terminal hub and multiple subway lines. Whether you are an investor looking for long-term appreciation, a developer exploring repositioning potential, or an owner-user seeking a mixed-use Brooklyn asset, 137 Nevins Street offers a compelling combination of location, versatility, and income-generating potential.

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
95
BikeBiker's Paradise

Schools

6/10
Ps 38 The PacificGrades PK-50.1 mi

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 3,015
  • Total interior livable area: 3,015 sqft

Property

Details

  • Parcel number: 001970004
  • Special condition: Resale

Features

  • Patio & porch: Other,Terrace
  • Exterior features: Courtyard,Balcony,Terrace
  • Has view: Yes
  • View description: Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $18,709$224,508
Home Insurance *$496$5,952
Property Taxes $1,726$20,712
Electricity $498$5,979
Total$21,429$257,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$734,708/yr
40% on housing$642,870/yr
45% on housing$571,440/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,227This listing

vs Other Active Listings

Avg $/sqft

ZIP 11217$1,286
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11217$1,583
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-21Listed for sale$3,700,000
2025-11-05Sold$2,100,000
2023-12-06Listing removed$1,999,999
2023-10-11Price change$1,999,999
2023-04-17Price change$2,200,000
2023-01-11Listed for sale$2,400,000
2017-08-24Listing removed$2,700
2017-08-18Price change$2,700
2017-08-08Price change$2,750
2017-07-27Listed for rent$3,000

For Sale by Agent

AgentDosta Dedic
BrokerageR New York

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