101 Saratoga Avenue, Brooklyn (Ocean Hill), NY, 11233 | $2,795,000

A Truly Unique Classic.

The world has changed in the last couple of years when it comes to our careers. Work and life being a balancing act is now unsustainable. There's a growingdesire for Work/Life Harmony and 101 Saratoga Avenue quenches it with a total of 4400SF. Spanning across three different addresses, this mixed-use propertyresidential and commercial is an amazing opportunity to imbed your idea of work into your dream life. Four Story. Three Family. Three Garages. One Commercial Space. Limitless Potential.

Here's the breakdown of perfection. 101Saratoga Avenue is a floor-through 1100SF commercial space with an open floorpan, one bathroom, and basement storage. This corner property presents aprime opportunity for any kind of business to thrive. A gorgeous, regal facade, at a prime location, with a chic 11' ceiling interior is giving winning energy.

651 Decatur Street has three beautiful apartments. Each unit has an abundance ofnatural light with three exposures: East, West, and South. Hardwood floors, bay windows, amazing kitchens and baths deliver dreamy urban vibes. Unit 1 is a 1100SF, 2-BED, 1-BATH, with an 900SF outdoor terrace. Unit 2 is an equally beautiful 1100SF, 2-BED, 1-BATH residence. Unit 3 takes it up a notch as a 1100SF, 1-BED, 1-BATH, with a wood burning fireplace. And while the commercial space has access to the basement, it could be reserved for the residential tenants as storage or laundry. The property can be delivered vacant, so you'll be able to reconfigure it as a condo or rental, and/or use it as you please shortly after closing.

653 Decatur Street has three garages. Yes, three parking spaces in Brooklyn, NY at a time when street parking can be challenging. So, you'll have the opportunity to keep them all for yourself, or rent them to your tenants and/or neighbors. This icing on the cake.

The location is the cherry on top. This dynamic property sits in the Ocean Hill section of Bedford Stuyvesant. This is a special residential area because of its own unique amenities and the ones it shares with the greater Bedford Stuyvesant, Stuyvesant Heights, and Bushwick. Amazing transportation options,
nationally celebrated restaurants, chics shops and more makes this an amazing neighborhood to come home to. If you've been looking for something different, something that will shine for years to come, it's here. Find Your Sweet Spot.

Features

  • Town: Brooklyn
  • Garage: Yes
  • Levels: 4
  • Cooling: Unknown Type
  • Amenities: Garage;
  • Zoning: R6
  • Laundry: InUnit
  • Year Built: 1905
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • Built Size: 20'x55'
  • OLR#: RPLU33422914357
  • Days on Market: 264 days
  • Website: https://www.raveis.com
    /prop/RPLU33422914357/101saratogaavenue_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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101 Saratoga Avenue, Brooklyn (Ocean Hill), NY, 11233

$2,795,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,236,000 $2,236,000 $2,236,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,696 $13,950 $18,718
Total Monthly Payment $12,821 $14,075 $18,843

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.