SOLD FOR $1,465,000
Listed at $1,495,000 · Sold 2% below asking · Closed October 4, 2019
$1,465,000
Listed at $1,495,000 $-30,000 vs asking
137 Martense Street
MLS® #RLS10563397
Listing by The Corcoran Group
Studio
Bedroom
0
Bath
N/A
Sq. Ft.
1901
Year Built
Sale Details
Property Summary
Description
End-User/Development Site Opportunity in Booming Flatbush: 137 Martense Street is the best-priced entry into Brooklyn townhouse ownership, an ideal development site and a chic, spacious home with rental income. Flatbush has become Brooklyn's newest destination neighborhood and 137 Martense Street is the perfect opportunity to own, live or develop in Brooklyn's New Development hot spot alongside charming blocks of Art Deco apartments and Victorian homes. The recent gut renovation of 137 Martense Street has only enhanced the uniquely large floor plate of the home: three usable stories in a 20' X 60' house on a tremendous 20' X 130' lot with a remarkable 6,838 sq ft remaining buildable, zoned R7-1 on a non-landmarked block. The 1901 house, with its distinctive bay front has the original cornice and lintel, but the entire interior has been renovated to be a chic and modern masterpiece. With a projected income of $5,200/month. 137 Martense Street has myriad opportunites: development site, investor hold, investor/end-user and end-user home. Completely renovated; ask exclusive broker for list of upgrades.137 Martense Street is near excellent transportation equidistant from the B/Q/2/5 trains and the B44 SBS bus at Church Avenue. The bustling restaurant scene on nearby Flatbush, Bedford, Rogers and Nostrand Avenues are making Flatbush a major foodie destination. Short stroll to Target and Home Goods, Brooklyn College, grocery stores and Prospect Park. 137 Martense is at the nexus of the future of Brooklyn, so make an appointment to view today.
Property Details
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Listing courtesy of Jeff Gardner at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. 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.