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551 Lexington Avenue, Brooklyn (Stuyvesant Heights), NY, 11221 | $1,300,000
Imagine a timeless tale set in the heart of Bedstuy, where a unique historical house awaits its new owners. This remarkable life-sized dollhouse boasts custom designs, featuring a stunning fully functional bar with a dishwasher, original details, and a breathtaking landscaped backyard. With an abundance of terraces and outdoor decks, it offers a paradise-like escape beyond your wildest dreams. Over the past decade, this house has been lovingly renovated and meticulously maintained. Recent upgrades include new plumbing, electrical systems, gas lines, basement renovations, and a new boiler. While the downstairs bathroom and kitchen extension await some tender loving care and your personal touch, imagine the joy of taking breaks in your tropical backyard oasis. The house offers three bedrooms and two bathrooms, with one on each floor. Additionally, it has been transformed into an urban farm, complete with a charming and unique chicken coop (though the chickens won’t be staying). This once-in-a-lifetime house is awaiting its proud new owners. Don’t miss out on this extraordinary opportunity to start creating memories tomorrow. Built in 1899, 551 Lexington Avenue still retains some of its original details. With a total size of approximately 1, 750 square feet (approximately 1, 200 square feet in the main portion of the home and an approximately 550-square-foot basement), the house exudes charm with exposed brick walls, hardwood flooring, and skylights. The property will be delivered vacant, offering a blank canvas for your vision. The current annual taxes are approximately $1, 546. 96, and the lot size is 16. 67 × 100, with the home occupying 16. 67 × 33 of that space. The property is situated in an R6B zoning district. Convenience abounds , minutes away, you’ll find local supermarkets, shops, restaurants, and cafes, making daily errands a delightful experience. Transportation is a breeze with the JMZ, G, and AC trains just a few blocks away.
Features
- Town: Brooklyn
- Rooms: 6
- Laundry: InUnit
- Year Built: 1899
- Cooling: Unknown Type
- Building Access : Walk-up
- Service Level: None
- Built Size: 17'x33'
- OLR#: PRCH7748371
- Days on Market: 369 days
- Website: https://www.raveis.com
/eprop/PRCH7748371/551lexingtonavenue_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 Sotheby's International Realty, Inc.
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888.699.8876
Contact@raveis.com
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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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
551 Lexington Avenue, Brooklyn (Stuyvesant Heights), NY, 11221
$1,300,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,987 | $6,574 | $8,776 |
| Total Monthly Payment | $6,112 | $6,699 | $8,901 |
* 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