Presenting 245 Washington Avenue, a rare and enchanting 200' double lot compound nestled in the heart of historic Clinton Hill. This property is comprised of a rambling 20' wide, 5000sqft+ five-story, four-unit townhouse on Washington Avenue, an incredible 120' deep private garden, and direct rear access to a one story, 20' wide carriage house with curb cut.
The Carriage House looks onto the Pratt Institute Sculpture Park and its 25-acre landscaped grounds via Hall Street. The front house boasts a stately brownstone fa ade, currently set up as a lower 3BR duplex with private garden and carriage house plus three 1-2BR income producing rentals upstairs. The property can be reconfigured into a grand single family home, several high value condos or anything in-between. Significant additional buildable square footage is available pending LPC approval and FAR review.
The front house features high ceilings, and large windows, and far reaching views of the Manhattan skyline from its top floor and roof. Original details remain, including several marble fireplace mantles with tile work, inlaid parquet flooring, decorative plaster, woodwork, window casements and shutters.
The carriage house is currently used for parking two cars, although it would be an easy transformation into an art studio, home office or hybrid living space. It features 12' high ceilings, and discreet access to the deep rear garden and kitchen/dining level of the main house.
Washington Avenue is one of the few historic mansion blocks of brownstone Brooklyn, featuring a deep sidewalk promenade and an exceptional tree canopy. Public transportation is convenient and you are minutes from Fort Greene Park, BAM, Pratt Institute, and the lovely cafes, restaurants and shopping along Dekalb Avenue.
This distinguished property stands tall among its neighbors, offering both grandeur and endless possibilities for its next owner. Private showings available.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,995,000
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 | $4,796,000 | $4,796,000 | $4,796,000 |
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 | $1,317 | $1,317 | $1,317 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,231 | $29,530 | $39,826 |
Total Monthly Payment | $28,673 | $30,972 | $41,268 |
* 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.