772 42nd Street, New York (Sunset Park), NY, 11232 | $1,649,000

Uncover the timeless blend of classic charm and modern elegance within this exceptional two-family brick home in the heart of Sunset Park, close to 8th Avenue. Built in 1925, this residence offers a rare opportunity, delivered vacant and ready for its next chapter. Set on a 20 ? 100 lot, the home is equipped with central air and heating on the first floor and lower level. The first-floor duplex is a spacious two-bedroom apartment, thoughtfully designed with an additional office space. The primary bedroom comfortably accommodates a king-sized bed, while the second bedroom is perfect for a queen or full-sized bed, complete with mirrored closets. Grey Floridian tiles and recessed lighting lend a sleek, modern touch to the open concept living and dining areas, flowing seamlessly into a modern kitchen featuring a brick island and luxurious black granite countertops. The living room is a perfect retreat, offering a gas fireplace and direct access to the backyard-a serene space for outdoor relaxation. The backyard space is set up with a built-in barbeque, gas burning fireplace, and outdoor shower. The fully finished lower level of the duplex is a true standout, adding approximately 1, 200 square feet. With recessed lighting, elegant polished black granite and slate tiles, and mahogany doors. The kitchenette is equally impressive, it boasts mahogany cabinets and black granite countertops, a custom river-stone wall, all adding a distinctive and artistic touch to the space. The second-floor apartment offers two generously sized bedrooms, along with a separate living room and dining room, with original hardwood floors. Off the kitchen, is an outdoor deck, ideal for morning coffee or evening relaxation. The bathroom is elegantly finished with granite floors, adding a touch of sophistication to the space. Available for purchase is an off-site parking space within a co-op garage on 8th Avenue, complete with a $120 monthly maintenance fee. Centrally located, this home offers easy access to the best of Sunset Park's dining, shopping, and recreational options, with nearby transit links including the D, N, and R subway lines, as well as the B70 and B63 bus routes. This is more than a home-it's an opportunity to own a piece of Sunset Park's history, modernized for today's lifestyle.

Features

  • Town: New York
  • Rooms: 13
  • Bedrooms: 5
  • Baths: 3 full
  • Style: Other
  • Year Built: 1925
  • Heating: Other, See Remarks
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 2,291
  • Est. Taxes: $5,501
  • Elem. School: Sunset Park Avenue Elementary School
  • Middle School: Sunset Park Prep
  • High School: Sunset Park High School
  • School District: Community District 15
  • MLS#: 3567076
  • Days on Market: 172 days
  • Website: https://www.raveis.com
    /eprop/3567076/77242ndstreet_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 Coldwell Banker Reliable R E   Phone: 718-921-3100

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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
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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772 42nd Street, New York (Sunset Park), NY, 11232

$1,649,000

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 $1,319,200 $1,319,200 $1,319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.820% 6.723% 6.284%
Monthly Tax Payment $458 $458 $458
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,804 $8,447 $11,221
Total Monthly Payment $8,387 $9,030 $11,804

* 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.