407 Lincoln Road, Brooklyn (Prospect Leffert Gdn), NY, 11225 | $2,250,000

Nestled in the neighborhood of Prospect Lefferts Gardens, this inviting two-family brick townhouse offers a perfect blend of space, comfort, and location. Boasting 3, 300 square feet of living space spread across three floors, this home is a comfortable two family or a brilliant single home conversion. Built 20x56- the three oversized floors are spacious and welcoming with bay windows and approx. 2, 250 square feet of air rights to build.

The townhouse features two spacious units:

  • First-floor duplex: 2 bedroom and 2. 5 bathroom home with a washer & dryer, private backyard, and two large living areas. The primary bedroom has an en-suite bathroom and bay windows. The second bedroom enjoys access to the covered porch with backyard access. Use the downstairs as an extension of your living room, with space for your home office, gym, or play space.
  • Second-floor unit: This top floor unit has 3 bedrooms and 2 bathrooms. The living area faces southeast, creating a bright and welcoming atmosphere. Step out onto the private roof terrace, which is attached to the primary bedroom and faces northwest, offering stunning views and a serene spot to unwind.
Currently occupied until September 2025, contact us for current rent roll.
Renovated in 2023, with split systems and laundry in both units- this contemporary home is move-in ready with a multitude of uses.
Enjoy the convenience of being just steps away from the lush beauty of Prospect Park, with attractions like the Prospect Park Zoo, and local gems such as Hamlet Coffee Shop. Plus, with the Sterling Street 2 & 5 trains just 2 blocks away commuting is a breeze.

Features

  • Town: Brooklyn
  • Amenities: Laundry Room; Roof Deck;
  • Rooms: 12
  • Laundry: Other
  • Year Built: 1920
  • Cooling: Unknown Type
  • Patio: Yes
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • Built Size: 20'x56'
  • OLR#: RPLU33423393897
  • Days on Market: 34 days
  • Website: https://www.raveis.com
    /prop/RPLU33423393897/407lincolnroad_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 Corcoran Group

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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407 Lincoln Road, Brooklyn (Prospect Leffert Gdn), NY, 11225

$2,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $1,800,000 $1,800,000 $1,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.727% 6.309%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,220 $11,526 $15,311
Total Monthly Payment $10,345 $11,651 $15,436

* 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.