545 Quincy Street, Brooklyn (Stuyvesant Heights), NY, 11221 | $2,325,000

STOP PAYING YOUR LANDLORD AND OWN YOUR VERY OWN TOWNHOUSE, AN EXCELLENT INVESTMENT OPPORTUNITY: $3300 EACH RENTAL , TRIPLEX $5700

This building has low taxes and qualifies for closing costs with Chase Bank

Perfect 1031 Exchange

Nestled in the vibrant Bedford-Stuyvesant neighborhood, this meticulously renovated three-family townhouse presents opulent interiors, secluded outdoor retreats, and an optimal layout catering to both end users and investors. Comprising an owner's triplex and two upper-level apartments, each unit exudes spaciousness and luminosity, with premium finishes and meticulous attention to detail.

Upon entry, guests are greeted by lofty ceilings adorned with recessed lighting, complementing wide-plank hardwood floors accented by tall baseboards. Mini-split heating and cooling systems ensure year-round comfort, while contemporary matte black hardware adds a touch of modern sophistication. The grand high-stoop entrance, embellished with an arched door and designer lighting, sets a captivating tone from the outset.

The owner's triplex, situated on the parlor level, offers an expansive open-plan layout ideal for hosting gatherings. Featuring generously sized living and dining areas with ample wall space for art displays, it also includes a convenient powder room. The gourmet kitchen steals the spotlight with its dramatic cabinetry, stone countertops, and a sizable center island/breakfast bar crowned with chic pendant lighting. Equipped with upscale Frigidaire stainless steel appliances, including a five-burner gas cooktop and double wall ovens, this culinary haven opens onto a wide balcony, perfect for alfresco dining while overlooking the private yard below.

Descending to the lower level unveils a sumptuous primary suite boasting a wall of closets, outdoor access, and an indulgent en suite spa bathroom featuring exquisite tile work, a freestanding soaking tub, and a spacious walk-in shower. Completing this level is a sizable secondary bedroom, another bathroom with a jetted soaking tub, and a separate entry. The tiled cellar, offering washer-dryer hookups, presents a vast flexible space ideal for various uses such as a recreation room, home office, gym, or storage area.

The upper floors house two two-bedroom, one-bathroom apartments characterized by open-plan living and dining spaces and contemporary kitchens featuring sleek cabinetry and new appliances. Renovated full bathrooms showcase large-format tile and modern fixtures, including jetted tub/showers. The primary bedrooms offer serene views of the backyard, while the secondary bedrooms benefit from abundant southern sunlight.

Situated on a charming tree-lined street, this distinguished townhouse enjoys proximity to excellent amenities, including playgrounds, Herbert Von King Park, and Kosciuszko Pool. The vibrant dining and nightlife scene of Bed-Stuy unfolds just moments away, with effortless transportation options provided by nearby J/Z, M, and A/C trains, excellent bus services, and convenient CitiBike stations.

Features

  • Town: Brooklyn
  • Amenities: Garden;
  • Rooms: 15
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: InUnit
  • Cooling: Unknown Type
  • Washer / Dryer: Yes
  • Patio: Yes
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • Built Size: 16'x45'
  • OLR#: RPLU1032523216877
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/RPLU1032523216877/545quincystreet_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 Serhant LLC

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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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860.690.5052

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Our Insurance Division:

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545 Quincy Street, Brooklyn (Stuyvesant Heights), NY, 11221

$2,325,000

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 $1,860,000 $1,860,000 $1,860,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.040% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,561 $11,452 $15,446
Total Monthly Payment $10,686 $11,577 $15,571

* 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.