887 Lincoln Place, Brooklyn (Crown Heights), NY, 11213 | $2,449,999

Welcome to 887 Lincoln Place -- a gorgeous 1899 revival renaissance brownstone, nestled in the heart of Crown Heights, Brooklyn. Located on a picturesque, tree-lined block with a vibrant, diverse community, this historic gem of a home offers the perfect blend of timeless charm and modern living. 887 Lincoln Place is a legal three-family residence, configured as a 5-bedroom, 3-bathroom triplex plus cellar. Located on a stunning, tree-lined landmarked row, the facade of this brownstone is bright and south-facing. The home boasts expansive living areas with high ceilings, bathed with natural light, adorned with charming period details, including hardwood floors, original moldings, stained glass transoms and large bay windows in the front and the back. The spectacular garden level (ground floor) features a full bathroom and a very quiet private bedroom with direct garden access. The airy open space makes an incredible studio space, with wide plank hickory flooring, a stunning feature brick wall, and custom lighting controls. On the second level (parlor), visitors are welcomed into a well-preserved foyer featuring an original carved wood staircase and a beautiful, large pier mirror in the living room. Pocket doors open to reveal a spacious, modern kitchen with stainless steel appliances, stone countertops, a mantel mirror, a large kitchen island, and an additional quiet bedroom. The private backyard is accessible through a door off the kitchen, which also includes in-unit stackable laundry. The third floor offers a bright, airy and versatile layout, with three bedrooms, one bathroom, a study, and an accessory kitchen -- perfect for family living and guest accommodations. The full cellar is clean and prepared for whatever ideas a new owner may bring -- ready to be used as storage, workshop, game room, additional activity space. The structure of the cellar and ground floor are in new condition and the mechanicals of the home in excellent working order. Hydronic hot water radiators powered by gas fired boiler, hot water heater, updated electricals, new roof and skylights. This 20x52 brownstone sits on a 20x100 lot, offering a total interior space of 3, 418 sq. ft. and approximately 790 sq. ft. of private exterior space. The home is a short walk from Brower Park, Brooklyn Children's Museum, Brooklyn Museum and Botanical Gardens, Prospect Park and many good restaurants, bakeries, and coffee shops. Transportation is excellent, with a five-minute walk to the Nostrand Ave 3 train, 20 minutes to Wall Street.

Features

  • Town: Brooklyn
  • Rooms: 13
  • Bedrooms: 6
  • Baths: 3 full
  • Style: Tri-Level
  • Year Built: 1905
  • Heating: Natural Gas, Electric, Hot Water
  • Cooling: None
  • Basement: Full, None, Unfinished
  • Approx Sq. Feet: 3,418
  • Acreage: 0.05
  • Est. Taxes: $6,237
  • Lot Desc: Near Public Transit, Private
  • View: City
  • Elem. School: Ps 138
  • Middle School: Ps 138
  • High School: High School-Svc & Lrng
  • School District: Community District 17
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • MLS#: 3577935
  • Days on Market: 74 days
  • Website: https://www.raveis.com
    /eprop/3577935/887lincolnplace_brooklyn_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 HomeSmart Premier Living Rlty   Phone: 516-535-9692

William Raveis Family of Services

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Customer Service

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
  • 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

887 Lincoln Place, Brooklyn (Crown Heights), NY, 11213

$2,449,999

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 $1,959,999 $1,959,999 $1,959,999
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 6.821% 6.474% 6.036%
Monthly Tax Payment $520 $520 $520
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,129 $12,228 $16,408
Total Monthly Payment $11,774 $12,873 $17,053

* 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.