Calling all historic home lovers: on one of the best-beloved blocks in the Stuyvesant Heights Historic District, this beautifully maintained multifamily sparks imagination with a rare convergence of charms. A legal four family currently configured as an owners’ duplex + garden with two income producing floor-through apartments above, the home boasts a plethora of original details, from inlaid hardwood floors and built-ins, to pocket doors and pier mirrors, stained glass and ornate fireplaces — marvels large and small to discover room by room. The joy of a historic gem is offset by the ease of modern upgrades, with updated systems put in place by the current owners, including a new roof, skylights, boiler, oil to gas conversion, and electrical improvements (all 2019/2020). The owners' duplex is configured with a ground floor family room, study/home office, dining room, bath, and windowed kitchen, which opens onto the planted garden. The parlor floor above features a bedroom suite overlooking the garden; all-day light filters through stained glass transoms topping the oversized windows and reflects brightly in the mirror above the historic fireplace. The bedroom connects through the nursery/dressing room (one of two spaces ideally equipped for this function) to the front parlor – easily reconfigurable as a second bedroom or adaptable as the primary living room in a larger-scale renovation. The second floor one bedroom + study offers a large south-facing open kitchen and living room, a study with a built in priests’ closet and original French doors, and a large bedroom and windowed bath overlooking the garden. The top floor is another one bedroom plus, with a home office / second bedroom off the hall. Likewise rich in built-ins, carvings, moldings, and more — it's an airy and easeful space, currently tenanted with lease expiring at the end of September. Ideally adapted for owner use and income production, this magical multifamily invites imagination and delight. Its location is the final, perfect puzzle piece. No surprise, this block is a frequent contender for Brooklyn’s greenest — and 115 Bainbridge is particularly well placed, quiet at the center of the block, shaded on the south side by vibrant old-growth trees. The location is ideal both for its beauty and its proximity to neighborhood favorites (Saraghina, Peaches, Bar Lunatico, Rita & Maria, Milk & Pull, Daphne's and many more). The A at Utica is just two blocks away, and Fulton Park is around the corner. Showings begin joyfully on June 2nd.
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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 | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.486% | 6.307% |
Monthly Tax Payment | $960 | $960 | $960 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,648 | $12,452 | $16,978 |
Total Monthly Payment | $12,733 | $13,537 | $18,063 |
* 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.