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339 Ocean Parkway, Brooklyn (Kensington), NY, 11218 | $3,800,000
Introducing the 339 Ocean Parkway, an exquisite development opportunity nestled on a corner lot along the Nationally Historic Ocean Parkway in Brooklyn, New York. This thoughtfully designed concept envisions 17 residential units within a striking building that rises 74 feet, creating a harmonious blend of modern living and historical charm. This property boasts 17, 680 square feet of gross floor area, with 13, 550 square feet of sellable space. The unit composition includes four one-bedroom double-height lofts featuring private outdoor balconies, perfect for enjoying serene views. Additionally, there are nine one-bedroom units, each thoughtfully designed with indoor garden rooms that bring nature into your living space. Three spacious two-bedroom units come equipped with two indoor garden rooms, ideal for families or those who appreciate extra space. The highlight of this development is the full-floor grand penthouse unit, which epitomizes luxury living with expansive views and top-tier finishes. The developer also has the option for below-grade storage and/or common amenities, providing flexibility to enhance the resident experience. Located in a vibrant neighborhood, 339 Ocean Parkway is just a short distance from iconic attractions such as Prospect Park, the Brooklyn Botanic Garden, and the historic Prospect Park Zoo. Residents will enjoy easy access to an array of dining, shopping, and entertainment options, as well as convenient transportation links to Manhattan and beyond. This is not just a property; it’s a chance to be part of Brooklyn’s rich tapestry. Discover the potential at 339 Ocean Parkway—where history meets modernity.
Features
- Town: Brooklyn
- Levels: 3
- Cooling: Unknown Type
- Amenities: Wheelchair Access; Laundry Room;
- Zoning: R7A/R5
- Year Built: 1925
- Terrace : Yes
- Building Access : Walk-up
- Service Level: Voice Intercom
- Built Size: 25'x56'
- OLR#: 00010034600
- Days on Market: 3 days
- Website: https://www.raveis.com
/prop/00010034600/339oceanparkway_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 Elegran Real Estate and Development
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888.699.8876
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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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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
339 Ocean Parkway, Brooklyn (Kensington), NY, 11218
$3,800,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,040,000 | $3,040,000 | $3,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,261 | $18,966 | $25,448 |
| Total Monthly Payment | $17,386 | $19,091 | $25,573 |
* 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