120 Dean Street, #4, Brooklyn, NY, 11201 | $5,490,000

It is rare opportunity to own legal 4 family house located in the "Best Location" in Boerum hill, Situated on a picturesque tree-lined street, this townhome half block from most coveted smith & Courts street, one block from train station and Major transits. This is an exquisite, remarkable building size 22 ft x 43 ft with total living space 3, 936 ft. Building gut renovated since 2010 to present , from bottom to top, New facade , New brick back wall with newly painted fire escape ladder, Metal staircase, Hardwood floor throughout, New electric wiring, New electric Panel, New 4 separate boilers & hot water tanks, Reinforced foundation. Garden duplex unite featuring 2 bedrooms, I full bathroom, and access to beautiful garden, plus large full finished basement with 8 feet high ceiling perfect for entrainment, gym, studio. . . Second unit featuring 2 large bedrooms could accommodate king-size beds and furniture set, I full bathroom with cozy living room, huge parlor window overlook landscaped garden. The third and fourth floor apartment both are designed into 3 bedrooms, 1 full bathroom, and LR/DR Rental unit filled with nature light. Excellent location close to Restaurants, bars, shops, club, and subway right on corner, convenient to all, this property offers the opportunity to live with great income, own a prime investment property or convert the building into a single home in the heart of Boerum Hill. Don't miss out, must see it !!!

Features

  • Rooms: 15
  • Bedrooms: 10
  • Baths: 4 full
  • Year Built: 1900
  • Heating: Natural Gas, Baseboard
  • Cooling: Wall/Window Unit(s)
  • Basement: Finished, Full
  • Approx Sq. Feet: 3,936
  • Est. Taxes: $15,621
  • Lot Desc: Stone/Brick Wall
  • Elem. School: Contact Agent
  • Middle School: Boerum Hill School For International
  • High School: Cobble Hill School Of American Stud
  • School District: Community District 15
  • Appliances: Gas Water Heater
  • MLS#: H6333321
  • Days on Market: 36 days
  • Website: https://www.raveis.com
    /eprop/H6333321/120deanstreet_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 East Coast Realtors, Inc.   Phone: 718-428-6888

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

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
  • 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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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

120 Dean Street, #4, Brooklyn, NY, 11201

$5,490,000

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 $4,392,000 $4,392,000 $4,392,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.844% 6.597% 6.158%
Monthly Tax Payment $1,302 $1,302 $1,302
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $25,631 $27,760 $37,062
Total Monthly Payment $27,058 $29,187 $38,489

* 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.