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Massive Three-unit Brick Townhouse on the Border of Bedford-Stuyvesant & Bushwick. DELIVERED VACANT.
Welcome to 21 feet of prime Brooklyn frontage-this expansive brick three-unit townhouse sits proudly on a 21x100 lot, offering rare scale, versatility, and character in one of Brooklyn''s most dynamic locations. This building is a massive 21x62. .
Spanning almost 4, 000 square feet across three finished levels, this property features spacious, income-producing apartments with the flexibility to generate strong rental returns or serve as an impressive owner-occupied residence.
The elegant parlor-level three-bedroom unit is in excellent condition, boasting generous proportions, high ceilings, and rich natural light and could easily be combined with the fully finished walk-in level providing even more living space or storage potential, perfect for an owner''s duplex, creative workspace, or rec area. Throughout the home, you''ll find custom woodwork and preserved original details that give this townhouse warmth and character. Upstairs, the top floor is configured as two separate apartments: a large front studio and a huge rear two-bedroom unit, each with one bath. These apartments are well laid out and bright, with the top floor in good condition-ready for some light updates or a full design refresh.
Outside, a massive backyard offers a rare private retreat-ideal for gardening, entertaining, or future expansion. And with R6A zoning, the potential to add up to 3, 500 additional square feet makes this property an extraordinary investment or development opportunity.
Located right where Bed-Stuy meets Bushwick, you''re surrounded by the best of both neighborhoods-trendy caf s, art galleries, nightlife, and parks-all within easy reach. Close to multiple transportation options, commuting is a breeze whether you''re heading to Manhattan or deeper into Brooklyn.
Opportunities like this don''t come often-an enormous, well-maintained three-unit building with excellent income potential, flexible layout, and room to grow.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,675,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,340,000 | $1,340,000 | $1,340,000 |
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 | $7,608 | $8,580 | $11,398 |
Total Monthly Payment | $7,733 | $8,705 | $11,523 |
* 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.