Newly Renovated RARE two-family townhouse nestled in the heart of Stuyvesant Heights, a neighborhood renowned for its rich history and vibrant community. This exceptional property presents a compelling opportunity with its private outdoor space, two distinct rental units, and convenient access to a diverse array of dining, entertainment, and cultural amenities. 165A Stuyvesant Avenue offers the potential for lucrative rental income or a spacious primary residence.
As you approach the property, you are greeted by a gated front yard with a charming garden area, leading to a gorgeous brick fa ade, classic Brooklyn stoop, and expansive double-door entry. Both units feature expansive sash windows, stunning hardwood floors, window-mounted A/C units, and modern galley-style kitchens complete with custom cabinets, sleek countertops, silver tile backsplashes, and high-end stainless steel appliances.
The garden duplex encompasses 3 bedrooms and 1. 5 bathrooms, boasting a private entrance and direct access to a 40-ft long backyard. The outdoor area has been thoughtfully planned, featuring stone pavers and bordered garden plots, forming the perfect space for outdoor dining, relaxation, and leisurely activities. The lower-level bedroom is conveniently located adjacent to a powder room, while the two upper-level bedrooms share a beautifully appointed windowed full bathroom with elegant fixtures and a luxurious tub enclosed in a glass shower. The top floor unit offers 2 bedroom and 1 bathroom, featuring a serene bedroom overlooking the backyard and a charming living room with delightful treetop views. Additionally, the basement comes furnished with a side-by-side washer/dryer setup and abundant storage space.
Conveniently situated on the block where Spike Lee's "Do the Right Thing" was filmed, 165A Stuyvesant Avenue also benefits from easy access to an array of dining establishments, grocery stores, and shops, while being situated just a few blocks from the picturesque Herbert Von King Park, several neighborhood playgrounds and multiple subway lines, including the A/C/M/J. This residence presents an exceptional opportunity to invest in or reside in the heart of Bedford-Stuyvesant, a neighborhood with a storied past and cultural significance.
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William Raveis Real Estate
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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 | $1,480,000 | $1,480,000 | $1,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,755 | $9,477 | $12,589 |
Total Monthly Payment | $8,880 | $9,602 | $12,714 |
* 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.