Perfectly situated on a sprawling corner parcel, on arguably the most beautiful street in New York, stands the Magnificent 1440 Albemarle Road, the celebrated Crown Jewel of the Prospect Park South Historic District. The impressive Colonial Revival residence grabs your attention and holds it, with cinematic pilasters and columns, curved bay windows, and multiple porches. Comprising 23 rooms, 8 bedrooms and 6 Full and 3 half bathrooms, the turnkey 6500+ Square Foot Mansion has been meticulously restored and renovated by Matiz Architecture and Workstead Design to maintain the homes stunning original detail while affording the efficiency, comfort and luxury of a brand new home. The awe inspiring, covered porch, a spectacle of colossal scale and grandeur welcomes you into the breathtaking foyer that is a showcase of beautifully restored original detail including the sweeping, grand staircase and an inviting fireplace with its original mantel. Parlor floor: ~ Library with floor to ceiling bookshelves. ~ Formal Living Room with an oversized bay window, Gracie wall covering and a wood burning fireplace flanked by glass doors that lead to a covered porch. ~ Formal Dining room with original decorative mantel and a curved bay of 6 windows with a built in window seat. ~ Eat in Kitchen with radiant heated floor, Black Locust millwork cabinetry, huge kitchen island with marble countertop, sink and 2 dishwashers, 6 burner La Cornue stove with pot filler. ~ Access off kitchen to 45' long x 15' wide, Heated, salt water in ground pool, wrap around landscaped garden with fountain and two car garage. ~ Powder Room with Gracie wall covering, pedestal sink and separate WC. Second Floor: ~Upper Foyer and Library with glass doors that open to a covered porch. ~Primary Suite with decorative mantel, dressing room, home office, ensuite bath with claw foot tub, two pedestal sinks, infrared sauna and glass enclosed shower and separate WC. Off of the Primary bath is a South facing deck. ~Additional three bedrooms with ensuite, full baths. ~Laundry room Third Floor: ~ Three bedrooms, one of which has a large North facing deck. ~ One full bath. ~ Rec room/Gym with Peloton treadmill, exercise mats, massage table and access to Southwest facing deck. Cellar: ~ 1 Bedroom/ 1 Bath apartment that duplexes up to Parlor floor. ~Studio ~Gym area ~Laundry Room ~Storage Other important details include: ~ Wireless alarm system + private security in the neighborhood ~ Automatic Irrigation system ~Central AC ~Two Car Garage The landmarked Prospect Park South neighborhood was developed between 1898 and 1920, consisting of 206 freestanding homes, many of which were designed by noteworthy architects. Among them, William Van Allen, architect of the Chrysler building, and Arthur Loomis Harmon, the design partner of the Empire State Building. The development attracted prominent people in business, finance and society, who were lured by the peace and quiet of the 'suburbs'. Today, people in the arts, entertainment and politics have rediscovered this utterly unique enclave and, just like the original owners, they enjoy the private, comfortable lifestyle afforded by these 'estates-in-the-city'. Just two blocks from Prospect Park’s endless charms and the eclectic shopping and dining options lining Cortelyou Road, this extraordinary estate is a resplendent urban oasis offering you the chance to experience a coveted piece of Brooklyn history. Showings By Appointment Only
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $17,600 | $17,600 | $17,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $122 | $119 | $150 |
Total Monthly Payment | $197 | $194 | $225 |
* 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.