September showings have commenced! Bring your vision and explore the potential of this charming three-story brick townhouse, ideally located on a lovely tree-lined block in the heart of the South Slope. Maintained and cared for by the current owners for over 40 years, this house offers a wonderful opportunity to realize your dreams of townhome living at a price comparable to a condo or co-op, in one of Brooklyn's most coveted neighborhoods.
Inside you will discover many of the home's original details, including tin ceilings, built-in wooden cupboards and curio shelves, decorative fireplaces and mantles, and an original kitchen hearth. High ceilings on the parlor floor and skylights on the top floor fill the space with natural light. The lush backyard garden - with hearty raspberry bushes, fragrant peonies, flowering rose and hydrangea bushes, as well as dozens of other curated plantings including a beautiful dogwood tree - is a tranquil oasis in this vibrant and thriving Brooklyn neighborhood.
Currently configured as two distinct 2-bedroom units each occupying 1. 5 floors, this single-family home can easily be reconfigured back to its' original layout if desired. With roughly 1, 500 square feet of additional FAR available (please confirm with your architect), expansion opportunities abound. The basement has a laundry area as well as a tremendous amount of storage and workshop space, and is easily accessible from both interior and exterior stairs.
The location is ideal! Just steps from fabulous Fifth Avenue, with a huge array of neighborhood favorite spots including Le French Tart, The Black Horse Pub, The Prospect Restaurant, and Commonwealth Bar, just to name just a few. Fitness enthusiasts will appreciate Crunch Gym, Harbor Fitness, Studio Pilates South Slope, and Jukebox, all literally around the corner. Prospect Park, the crown jewel of Brooklyn is only four blocks away, and the F, G and R subway lines are short walk to 4th Avenue/9th Street stations. Currently zoned for PS 124 (right on the corner!) and school District 15.
This one won't last, so don't miss your opportunity - schedule an appointment and come see it today!
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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 | $1,756,000 | $1,756,000 | $1,756,000 |
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 | $452 | $452 | $452 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,427 | $10,387 | $14,465 |
Total Monthly Payment | $10,004 | $10,964 | $15,042 |
* 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.