Listing Courtesy of Compass
$2,995,000
Potential Rebate: $44,925
Welcome to 47 Wolcott Street, a beautifully renovated townhouse offering 4 bedrooms and 3.5 bathrooms across multiple levels of functional, well-designed living space. Situated on a quiet, tree-lined block in the heart of Red Hook, this legal two-family home is currently used as a single-family residence. Thoughtful upgrades, premium materials, and flexible layout options—including the ability to convert the garden level into a separate rental unit—make this home both comfortable and investment-friendly.
The garden level features a private entrance, spacious bedroom, full bathroom, laundry area, and a large recreation room/den that opens directly to the backyard. Ideal for guests, a home office, or potential rental income, this level offers great versatility. Outside, a newly built patio is finished with Porcelanosa tiles, Ipe wood decking, and a skylight that brings natural light to the level below. The backyard includes mature landscaping with perennial plantings and custom containers, along with automated lighting and a gas line for a future outdoor kitchen.
On the main floor, a spacious living and dining area features two fireplaces—a classic wood-burning fireplace and a built-in wood-fired Italian pizza oven. A powder room is conveniently located just off the main space. The kitchen includes Miele appliances, a Combi Steam oven and downward draft exhaust, as well as reclaimed wood accents and Italian custom cabinetry. Marvin Modern windows and a full Nanawall glass door open to a private rear deck finished with Ipe wood and a walkable skylight, offering a seamless indoor-outdoor flow.
The second floor offers three bedrooms and two full bathrooms, both with skylights. The primary suite includes a walk-in closet, additional built-in storage, and an en-suite bathroom with a double vanity, soaking tub, standing shower, and skylight. The second bedroom features exposed brick and floor-to-ceiling windows, while the third is well-suited as a nursery, guest room, or office. Automated blinds from The Shade Store and smart lighting are installed throughout.
At the top of the home, a bright landing with a skylight leads to a private roof deck that spans the full width of the building. There’s also space to add a wet bar or built-in storage just before stepping outside. The roof deck offers open views and plenty of room for entertaining, gardening, or relaxing—an ideal elevated escape in one of Brooklyn’s most vibrant waterfront neighborhoods.
$15,399 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$44,925
Monthly savings impact
$125/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20045250

Compare average listing prices and value metrics for 47 Wolcott Street against the surrounding Red Hook market.
than the Red Hook price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Red Hook.
Red Hook is a maritime village cut off from the rest of the city, and that’s exactly how locals like it. A cobblestoned peninsula with stunning views of the Statue of Liberty, it mixes industrial grit with artisanal charm. For buyers seeking Red Hook Brooklyn real estate, it offers a creative, small-town vibe with Manhattan skyline views.
Living in Red Hook is atmospheric. The air smells of salt water (and sometimes key lime pie). As a unique Brooklyn NYC neighborhood, it attracts artists, makers, and those seeking isolation from the subway bustle.
The market for homes for sale in Red Hook is limited and highly coveted. It consists of converted warehouses, civil war-era brick rowhouses, and new boutique condos.
Because supply is so low, prices remain high despite the lack of subway access.
The lifestyle in Red Hook is slow and deliberate. Residents bike everywhere, grab a beer at Sunny's (a legendary dive bar), and shop at Fairway (the only one with a view of the harbor).
The community is fiercely independent and resilient, especially post-Sandy.
Red Hook is famous for having no subway. Residents rely on the B61 bus, bikes, or—most popularly—the NYC Ferry, which provides a scenic 20-minute ride to Wall Street.
The lack of trains keeps the neighborhood quiet and tourist-free on weekdays.
Valentino Pier Park offers the best ground-level view of the Statue of Liberty in the city. It is a magical spot for sunsets.
Amenities: Ikea is here, but so are incredible local spots like Steve's Authentic Key Lime Pie and Hometown Bar-B-Que.
Red Hook is best for artists, car owners, and those who prioritize charm and views over convenience.

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