One of the Largest Victorian Mansions in Prospect-Lefferts Gardens
Exquisite original details, private commercial structure, 8-car indoor and outdoor parking.
A historic Victorian mansion nestled two blocks from Prospect Park, this magnificent 7-bedroom, 5-bathroom house represents an incredible opportunity as a grand single-family residence, a tantalizing development opportunity, a live-and-work property, and more.
130 Lincoln Road sits on a huge 100' x 105' lot on one of the prettiest tree-lined streets in PLG. A lush wraparound lawn is ringed by fencing and privacy hedges, while a private curb-cut driveway leads to a detached two-car garage. Total indoor and outdoor parking can accommodate up to 8 cars.
The property also boasts an attached commercial space. With its own walkway and entrance, it can easily be used as a medical office or private practice. It is also discreetly connected to the main house, allowing it to flex as a potential art studio, music room, gym, and guesthouse, among many other possibilities.
The three-story home begins with a welcoming veranda lined with doric columns. The lower level features a central gallery, two living areas, a formal dining room, and a windowed eat-in kitchen with a breakfast nook, island, and backyard access. There is also a spacious bedroom with a walk-through closet and en-suite bathroom.
The second and third levels include the remaining bedrooms and bathrooms. The king-size primary suite has a windowed walk-through closet and windowed en-suite, while all secondary bedrooms enjoy ample closet space and abundant natural light. On the second level is also a large terrace overlooking the backyard. The cellar has high ceilings, a pair of huge storage or recreation rooms, and a laundry area with a utility sink and side-by-side washer and dryer.
Additional highlights include an original wooden staircase, wood-burning fireplaces, pocket doors, bay windows, and built-in millwork and bookcases.
130 Lincoln Road is seconds from trendy restaurants, bars, and cafes and is close to Prospect Park Zoo, Brooklyn Botanic Garden, and the 2, 5, B, and Q subway lines.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
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 | $1,960,000 | $1,960,000 | $1,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $866 | $866 | $866 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,975 | $11,909 | $16,145 |
Total Monthly Payment | $11,966 | $12,900 | $17,136 |
* 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.