Welcome to 119 Park Place, a distinguished Italianate townhouse built in 1870, located in Park Slope. This expansive property, encompassing 3, 600 square feet, offers a rare opportunity to own a piece of architectural history on a tight-knit, picturesque block.
This townhouse is configured as two separate units, providing flexibility for various living arrangements. The property offers four spacious bedrooms and three bathrooms, ideal for accommodating family and guests. The top floor is one open loft room that was used as an artist studio, and can easily be reconfigured into two or three rooms. This home has been in the same family since 1981, and is ready for new owners to care for it. It hasn't been renovated in some time, so this is the perfect opportunity to customize to your own taste.
Upon entering, you are greeted by the gorgeous original details that have been meticulously preserved, reflecting the craftsmanship of a bygone era. High ceilings enhance the sense of space and grandeur throughout the home. Measuring 20 x 45 on a 100' lot, this home offers a generous and functional living space, perfect for both entertaining and everyday living.
Natural light graces the home, creating a warm and inviting atmosphere. The sunny backyard is a private oasis, offering an escape from the hustle and bustle of city life. This outdoor space is perfect for gardening, relaxation, or al fresco dining.
Situated in the vibrant Park Slope neighborhood, this property is surrounded by a community known for its friendly atmosphere and tree-lined streets. Residents enjoy easy access to a variety of local amenities, including boutique shops and acclaimed restaurants. The proximity to public transportation ensures convenient commutes to Manhattan and other parts of Brooklyn.
This property is full of historic charm, making it a highly desirable residence in one of Brooklyn's most sought-after neighborhoods. Do not miss the opportunity to own this exceptional home at 119 Park Place.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $3,040,000 | $3,040,000 | $3,040,000 |
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 | $16,319 | $17,983 | $25,041 |
Total Monthly Payment | $16,444 | $18,108 | $25,166 |
* 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.