17 Atlantic Commons, Brooklyn (Fort Greene), NY, 11217 | $2,499,000

Newly listed and rarely available, presenting 17 Atlantic Commons, a 3-family townhouse nestled on a serene, tree-lined street in the historic Fort Greene neighborhood. This property features a dynamic layout across 4 floors, including a finished basement, providing abundant living space and versatile rental opportunities.

The generous and adaptable design offers multiple scenarios: maintain it as a profitable 3-family residence with substantial rental income, opt for a "live plus income" arrangement by renting out two units, or effortlessly transform it into your dream single-family townhome. The flexible layout caters to diverse preferences.

The first-floor duplex, often referred to as the "owner's residence, " boasts 2 expansive bedrooms, two full bathrooms, hardwood floors, a private outdoor garden and deck, and dedicated parking spanning two floors. Access to the sun-drenched south-facing garden porch enhances the appeal of this remarkable property.

The second-floor apartment comprises two bedrooms with ample closet space, a full bathroom, and a well-appointed kitchen, while the third-floor residence mirrors this layout, offering another two-bedroom apartment.

Completing the home, the fully finished basement provides additional living space and abundant storage, featuring a bedroom, media room/office, bathroom, and laundry facilities.

Endless possibilities await for crafting a truly distinctive property. Positioned in an exceptional location, 17 Atlantic Commons seamlessly blends convenience with culture and culinary delights. Situated on a charming tree-lined block overlooking a park and tennis courts, it is mere moments from an array of shops, restaurants, and cafes in every direction. Manhattan is easily accessible by car or public transit, making urban exploration a breeze. Transportation options abound with the Atlantic Avenue train station just a short stroll away. From this station, residents enjoy seamless access to the A, C, G, 3, 2, 4, and 5 subway lines, as well as the Long Island Rail Road (LIRR), facilitating easy commuting throughout the city and beyond. Annual HOA Fee of $600

Features

  • Town: Brooklyn
  • Rooms: 15
  • Laundry: InUnit
  • Year Built: 1995
  • Cooling: Unknown Type
  • Building Access : Walk-up
  • Service Level: None
  • Built Size: 20'x45'
  • OLR#: RPLU5123072076
  • Days on Market: 99 days
  • Website: https://www.raveis.com
    /prop/RPLU5123072076/17atlanticcommons_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 Douglas Elliman Real Estate - Park Plaza

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NMLS Mortgage Loan Originator ID 1880936

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17 Atlantic Commons, Brooklyn (Fort Greene), NY, 11217

$2,499,000

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 $1,999,200 $1,999,200 $1,999,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.055% 6.234% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,195 $12,147 $16,468
Total Monthly Payment $11,320 $12,272 $16,593

* 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.