The 6,000-square-foot property at 125 Montague Street is back on the market, demanding a 138% premium over its 2023 sale price. Carl Gambino of the Gambino Group at Compass represents the listing, noting the owners undertook a gut renovation that replaced every major system while keeping the 1848 shell intact.
The cost of doing it right is steep. The sellers rebuilt the rear wall, swapped out all electrical, plumbing, and HVAC infrastructure, and installed an all-electric LG heat-pump system. Yet, the original millwork and Greek Revival details survived the overhaul. Gambino argues this blend of historic character and modern utility is rare in the 25-foot-wide Brooklyn Heights row.
Inside, the space balances old-world charm with high-tech comfort. ASH, an AD100 firm, designed the interiors with Bianco Carrara marble countertops and solid white-oak floors. The layout spans five levels, including a gym, sauna, and a separate one-bedroom suite with its own kitchen on the garden level.
The $12.75 million tag is a bet on the neighborhood's enduring appeal. Gambino points to the proximity to Brooklyn Bridge Park and Manhattan as key drivers. For buyers, the property offers the privacy of a substantial townhouse without sacrificing the historic aesthetic that defines Brooklyn Heights.
The market will decide if the $7.4 million markup holds. With the property now listed, competition from other restored historic homes in the area will likely test the value of this specific investment strategy.