1437 Pacific Street, Brooklyn (Crown Heights), NY, 11216 | $2,250,000

Welcome to 1437 Pacific St. Opportunity Knocks, with this stunning Historic Crown Heights gem. A rare once in a lifetime opportunity awaits. 1437 Pacific St. is a legal (3) three family income producing brownstone that spans 4, 000 sq/ft of living space. This recently renovated, turn key move in ready townhouse will captivate you from the moment you arrive with its warm and welcoming energy. The owners triplex boast the most amazing flexible layout. The parlor floor consists of 2 bedrooms a renovated bathroom and a huge living space with original molding and details. As you enter the garden floor you move from the open family room into a massive chef's kitchen with eating space that leads out to the beautiful private back yard. But wait there's more. The over sized basement can be used as a home office, entertainment room, gym or anything your creative heart desires. This income producing property ideal for savvy real estate investor or primary home owner alike. The (2) two rental units enjoy expansive sun drenched modern, open concept living/dining areas which provide great space for entertaining. The units are (2) two bedroom, (1) one bath each with approximately 1000 sq/ft of living space. Separately metered, each tenants pays their own utilities. Start producing income immediately after closing. Ideally located, this historic property is a few short blocks away from LIRR , A/C, IRT trains. Enjoy what Crown Heights has to offer with the Brooklyn Museum, Botanic Gardens or enjoy the 526 acres of Prospect Park that includes a zoo, an Audubon Center, and an ice skating rink in the Winter! This beautiful, strategically located property has close by eateries and shopping galore!

Features

  • Town: Brooklyn
  • Rooms: 25
  • Bedrooms: 6
  • Baths: 4 full
  • Units: 3
  • Style: Townhouse
  • Year Built: 1920
  • Heating: Other, Baseboard
  • Cooling: Window Unit(s)
  • Basement: Full, Unfinished
  • Approx Sq. Feet: 4,000
  • Acreage: 0.05
  • Est. Taxes: $6,400
  • Lot Desc: Historic District, Stone/Brick Wall, Near Public Transit, Private
  • Elem. School: Academy Of Arts And Letters
  • Middle School: Academy Of Arts And Letters
  • High School: Bedford Academy High School
  • School District: Community District 13
  • Appliances: ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Stove, ENERGY STAR Qualified Washer
  • MLS#: 3575532
  • Days on Market: 49 days
  • Website: https://www.raveis.com
    /prop/3575532/1437pacificstreet_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keystone Realty USA Corp   Phone: 631-261-2800

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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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  • Provides a guaranteed closing date that meets your needs
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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1437 Pacific Street, Brooklyn (Crown Heights), NY, 11216

$2,250,000

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 $1,800,000 $1,800,000 $1,800,000
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 $533 $533 $533
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,220 $11,230 $15,068
Total Monthly Payment $10,878 $11,888 $15,726

* 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.