Located on one of the most charming streets in Crown Heights, this beautiful townhome is the epitome of modern elegance with 19th century details. Built in 1899, this home was lovingly renovated by the previous owner, and has been improved upon by the current owners. This townhome is currently configured as an owner's upper duplex over an income producing one bedroom apartment with a private entrance, or the home can also serve as a single family. The entryway features original detail and opens to an expansive and bright parlor level, where you will find the living room, dining room, and large open kitchen that open onto an attached deck with a spiral staircase leading to the lush backyard. The kitchen is complete with an 8 foot honed carrara marble topped island, Bosch oven & dishwasher, Liebherr refrigerator, and includes excellent cabinet space. The bedroom level one floor up consists of two massive bedrooms, with the primary featuring a large en suite with a separate shower, large soaking bathtub, and a huge walk-in closet with custom shelving. The apartment downstairs is a lovely 1 bedroom apartment that is accessible through internal stairs or private entrance, complete with kitchen, dishwasher, and washer/dryer, and opens onto a lower deck area connected to the yard. The estimated rent for a 30 day stay (legal through AirBnB!) is approximately $3200-3400. Completing this lovely home is a new roof, high ceilings, original parquet floors, a washer/dryer, skylights, central air and forced air heating, a gas fireplace, and a large basement that is currently being used as a workspace and rec/tv area. Situated in the North Crown Heights Historic District on a lovely, quiet, tree lined block, this excellent location is near the 2/3/4/5/C trains, Children’s Museum, Nostrand and Franklin Ave shopping and both Brower Park and St. John's park.
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William Raveis Real Estate
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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 | $1,836,000 | $1,836,000 | $1,836,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.637% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,569 | $11,605 | $15,617 |
Total Monthly Payment | $10,694 | $11,730 | $15,742 |
* 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.