25 Marconi Place, New York (Brooklyn), NY, 11233 | $875,000

Renovated 2-family duplex, located just 10 minutes from Barclays Center, seamlessly blends historical charm with modern updates, including a new roof and staircase completed in 2023. Each unit features two bedrooms, one bathroom, and a spacious EIK. The finished basement offers versatility with two bedrooms, a full summer kitchen, and a shower, accessible via front and back entrances. Outdoor space provides ample room for relaxation and entertainment. The property includes solar panels offering tax abatement incentives, transferable to qualified buyers. The home is eligible for several first-time homebuyer programs and down payment help, including the New York City Department of Housing Preservation and Development's (HPD) HomeFirst Down Payment Assistance Program, which provides up to $100, 000 toward the down payment or closing costs for qualified buyers. NYC. GOV. A 1 year home warranty covering major appliances and systems is included, providing peace of mind for the new homeowner.

Features

  • Town: New York
  • Amenities: Park
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full
  • Style: Duplex
  • Year Built: 1901
  • Heating: Natural Gas, Hot Water, Radiant
  • Cooling: Wall/Window Unit(s)
  • Basement: Finished, Full, Storage Space, Walk-Out Access
  • Est. Taxes: $2,220
  • Lot Desc: Near Public Transit, Near School, Near Shops
  • View: City, Neighborhood
  • Elem. School: Christopher Avenue Community School
  • Middle School: Is 392
  • High School: Brooklyn Democracy Academy
  • School District: Community District 23
  • MLS#: 3540218
  • Days on Market: 256 days
  • Website: https://www.raveis.com
    /prop/3540218/25marconiplace_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of eXp Realty   Phone: 888-276-0630

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

25 Marconi Place, New York (Brooklyn), NY, 11233

$875,000

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 $700,000 $700,000 $700,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.795% 6.472% 6.032%
Monthly Tax Payment $185 $185 $185
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,030 $4,367 $5,860
Total Monthly Payment $4,307 $4,644 $6,137

* 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.