362 Senator Street, Brooklyn (Bay Ridge), NY, 11220 | $1,750,000

Introducing a rare opportunity to own a distinguished three floor, two-family barrel front brownstone with a garden listed in the National Register of Historic Places on a coveted block in Bay Ridge. This stately home has an abundance of original details throughout. Each room is adorned with crown molding, meticulously hand-crafted wood framing, cabinetry and fireplaces along with inlaid original wooden flooring; rare details in modern developments. This home offers a unique blend of historic elegance and enduring craftsmanship.

The home is currently configured as a 2 bedroom + den, 1 bathroom top floor apartment over a 3 bedroom + Den, 2 bathroom duplex with an eat-in kitchen, pantry, laundry room, sun room, large garden and unfinished basement. The home easily converts to a single family or is perfect for those looking to collect rental income while living in the owner’s duplex. For those looking for an investment property, it offers an attractive CAP rate and is sure to increase in value nicely over time.

In addition to its historic appeal, the property is ideally located in a vibrant section of Bay Ridge, surrounded by an array of amenities, including public parks, scenic waterfront, cafes, restaurants, bars, and supermarkets. It also offers convenient access to multiple transportation options with the R a quick block away and N subway nearby along with the express bus to Manhattan and the water ferry.

Showings are by appointment only as the apartments are occupied.

Set-up available upon request. The home will be delivered vacant.

Features

  • Town: Brooklyn
  • Amenities: Garden; Laundry Room;
  • Rooms: 15
  • Bedrooms: 5
  • Baths: 3 full
  • Year Built: 1915
  • Cooling: Unknown Type
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • Built Size: 20'x50'
  • OLR#: 0097261
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/0097261/362senatorstreet_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 The Agency

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888.699.8876

Contact@raveis.com

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

362 Senator Street, Brooklyn (Bay Ridge), NY, 11220

$1,750,000

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 $1,400,000 $1,400,000 $1,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,516 $8,282 $11,532
Total Monthly Payment $7,641 $8,407 $11,657

* 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.