Welcome to 354 16th Street, a newly renovated townhouse that seamlessly merges high-end finishes, modern technology, and impeccable details, all while honoring its historic 1901 origins. Situated on a charming, tree-lined street in Park Slope, this distinguished 20-foot-wide, two-family townhouse features five bedrooms, three full bathrooms, two powder rooms, a parlor deck, and an expansive finished backyard garden. From herringbone white oak floors to thoughtfully designed storage nooks, and beautiful moldings, attention to detail can be found throughout this well-appointed home. As you enter the upper duplex, you are welcomed by an elegant foyer adorned with an entry closet, marble-tiled floors, and wainscotting. The spacious parlor level features a beautiful bay window, a large dining area, and a convenient powder room. The chef’s kitchen is unmatched in today’s Park Slope market, masterfully complete with custom inset cabinetry, quartz countertops, a Wolf six-burner stove with pot filler, a vented hood, and integrated appliances, including a refrigerator, dishwasher, and wine cooler. Ascending to the upper floor, you discover three bedrooms and two full baths, including a luxurious primary suite with two double closets and a spa-like ensuite arched bathroom. Each additional bedroom offers ample space and is complemented by a playful hallway bathroom. The top-floor hallway also features a laundry closet and a linen closet, all illuminated by a skylight above. Accessible via an interior staircase, the private basement offers versatile living space that can be customized to suit your needs, whether it is a playroom, media den, or artist studio. The separate garden floor unit presents an ideal income-producing opportunity or in-law apartment, featuring two bedrooms and one bathroom. This rare opportunity allows you to own a piece of Park Slope history, perfectly tailored for modern living. Indulge in the culinary delights of nearby establishments such as Al Di La, Stone Park Cafe, and Talde. The home is close to Prospect Park, providing endless opportunities for outdoor activities. This home is conveniently located near the F, G, and R train lines, providing easy access to Midtown Manhattan in approximately 30 minutes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.902% | 6.486% | 6.056% |
Monthly Tax Payment | $636 | $636 | $636 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,147 | $19,939 | $26,754 |
Total Monthly Payment | $18,908 | $20,700 | $27,515 |
* 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.