Welcome to 564 E23rd Street!
Nestled on the peaceful, tree-lined streets of Ditmas Park, this beautifully preserved Colonial-style home is the perfect blend of charm, space, and opportunity. Boasting 7 spacious bedrooms, 4 full baths, and over 3, 250 sq. ft. of living space, this home sits on an expansive 5, 000 sq. ft. lot, offering a generous backyard, a detached garage, and a driveway that accommodates up to 4 cars.
Originally designed as a 3-family home, 564 E23rd Street is currently configured as a 2-family residence, making it an instant income generator. Whether you're seeking a multi-generational living arrangement, an investment opportunity, or the perfect foundation to create your dream single-family home, this property offers the ultimate in flexibility and potential.
From the moment you arrive, you'll be enchanted by the home's early 20th-century charm. Relax on the inviting front porch and watch time go by, or step inside and be greeted by grand, airy rooms bathed in natural light from oversized windows. Original parquet floors flow throughout the home, and the formal dining room proudly features a freehand Al Fresco mural created by a previous owner. And, the kitchen offers a cozy breakfast nook, ideal for morning coffee gatherings.
The extra-wide stairwell leading to the second-floor apartment is highlighted by a stunning stained-glass window, casting a beautiful spectrum of light. The upstairs unit is move-in ready, featuring an eat-in kitchen, full bath, and two bright, equally sized bedrooms. This space can easily be duplexed with the parlor floor or extended into the third-floor potential 1-bedroom unit, providing endless possibilities.
The fully finished basement is perfect for hosting extended family or guests. Recent upgrades, including a new boiler, hot water heater, electrical wiring, and utility meters, ensure that the home is not only beautiful but also in excellent working order.
Conveniently located close to Newkirk Plaza's Q and B trains and Flatbush Junction's 2 and 5 trains, 564 E23rd Street offers easy access to everything vibrant Brooklyn has to offer plus a warm suburb feel.
Enjoy local Brooklyn College's recreational facilities, including its gorgeous pool, and discover all the neighborhood has to offer.
This home is all about immediate gratification and untapped potential. Schedule a viewing today and start imagining your future in this gracious, timeless property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 | $1,600,000 | $1,600,000 | $1,600,000 |
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 | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,085 | $9,851 | $13,287 |
Total Monthly Payment | $9,210 | $9,976 | $13,412 |
* 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.