House of the Day: 197 Clinton Street

Just over the border from Brooklyn Heights, this Cobble Hill 5-story brownstone at 197 Clinton Street looks pretty sweet. The owner’s duplex on the bottom two floors is indeed, as the listing says, “pristine” and “architect-designed.” And they’re not kidding: It’s a beautiful space. There are also three rentals on top, which will come in handy for anyone who pays near the asking price of $3.6 million. The listing doesn’t say, but we’d guess the monthly gross on the rentals is around $6,000, which would cover, what, about $1 million of mortgage? Does that mean you’re paying $2.6 million for a duplex?
197 Clinton Street [Prudential Douglas Elliman] GMAP P*Shark
Feb 06, 2012 | 12:32 PM