Brooklyn (Carroll Gardens), NY, 11231 | $6,000,000
Unique DEVELOPMENT OPPORTUNITY in the highly sought-after Carroll Gardens neighborhood. Tucked away on a serene, tree-lined garden block, the adjacent townhouses at 114 and 116 2nd St offer a generous 40x100 buildable footprint in prime Brownstone Brooklyn. This combination allows for 8, 000 buildable square feet above grade, along with an additional 2, 000 square feet below grade in two full-height, south-facing walkout basements. The zoning is R6B, situated on a non-landmarked residential street between Hoyt and Bond. Currently configured as two vacant two-story carriage houses, these properties present an exceptional 40' x 100' lot, providing the potential to build a total of 10, 000 square feet, including the walkout basements. In this desirable neighborhood, residences featuring outdoor space regularly command prices between $1, 800 and $2, 000 per square foot. Carroll Gardens is renowned for its charming old-world aesthetics, vibrant community, and beautiful front gardens. The properties at 114 and 116 2nd St represent a significant opportunity for both end-users and investors alike. Ideally located just two blocks from the F/G trains at Carroll St Station, a short walk to Carroll Park, and within easy reach of the shops and restaurants on Smith St and Court St, as well as Whole Foods on 3rd Street, this prime location embodies the best of Carroll Gardens living. Don't miss out on this exceptional chance to create something truly special!
Features
- Town: Brooklyn
- Rooms: 12
- Bedrooms: 6
- Baths: 4 full
- Units: 2
- Lot Size: 40.000000x100.000000
- Laundry: See Remarks
- Year Built: 1899
- Basement: Full
- Approx Sq. Feet: 4,700
- Lot Size: 40.000000x100.000000
- Est. Taxes: $8,196
- Lot Desc: Front Yard
- Pet Policy: Building No,Cats OK,Dogs OK
- MLS#: COMP-169427992874987
- Days on Market: 22 days
- Website: https://www.raveis.com
/prop/COMP-169427992874987/114and1162ndstreet_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 Compass Phone: (212) 913-9058
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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Brooklyn (Carroll Gardens), NY, 11231
$6,000,000
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 | $4,800,000 | $4,800,000 | $4,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
| Monthly Tax Payment | $683 | $683 | $683 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $26,879 | $29,554 | $39,860 |
| Total Monthly Payment | $27,687 | $30,362 | $40,668 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535