Brooklyn (Bedford-Stuyvesant), NY, 11216 | $3,900,000

358 Tompkins Avenue offers a rare opportunity to own a newly constructed four-family townhouse with an approved Condominium Offering Plan in the heart of Bedford Stuyvesant. Designed by the architectural firm HEN LLC, this boutique property combines modern luxury with exceptional investment flexibility. Buyers can choose to rent all four residences, generating a projected annual income of $197, 940, or reside in one unit while leasing or selling the others.

Each residence is thoughtfully designed to maximize natural light, privacy, and functionality, with meticulously curated interiors and private outdoor spaces. The garden duplex, spanning 1, 134 sq. ft. , features two bedrooms, 1. 5 baths, and a flexible lower-level room, opening onto a 410 sq. ft. private garden. A parlor-level residence offers 710 sq. ft. with two bedrooms, one bath, and a 335 sq. ft. private garden. The third residence, measuring 730 sq. ft. , includes two bedrooms and access to a 180 sq. ft. private rooftop deck. The duplex penthouse boasts 915 sq. ft. , offering three bedrooms, two baths, and a 270 sq. ft. rooftop terrace. Each unit is complete with private storage, separate utilities, Bosch in-unit laundry, and ducted central LG heating and cooling for optimal comfort.

The interiors highlight timeless design elements, including Norm Architects-designed cabinetry and shelving in sawn-cut veneered natural oak, oversized casement windows, high ceilings, and Eko European white oak hardwood floors. Kitchens are outfitted with Bosch dishwashers and refrigerators, Fisher & Paykel ovens and electric stove tops, and vented Fisher & Paykel microwaves, all complemented by durable Dekton countertops. Bathrooms feature luxurious tilework, sleek vanities, and modern fixtures for a spa-like experience. A video intercom system enhances privacy and security for each residence.

Located along the lively Tompkins Avenue corridor, the property is surrounded by a vibrant mix of cafes, boutique shops, and dining options, all set against the historic charm of tree-lined streets. Convenient access to the A, G, and LIRR lines further elevates its appeal. Balancing sophisticated design with compelling investment potential, 358 Tompkins Avenue offers a unique opportunity in one of Brooklyn's most desirable neighborhoods.

The complete offering terms are in an Offering Plan available from Sponsor. File No. CD23-0179. Sponsor: 358 TOMPKINS AVE LLC. 49 Flatbush Avenue #1093. Brooklyn, NY 11217. Equal Housing Opportunity.

Features

  • Town: Brooklyn
  • Rooms: 21
  • Bedrooms: 9
  • Baths: 5 full / 1 half
  • Units: 2
  • Lot Size: 85.00x20.00
  • Laundry: Washer Hookup,In Unit
  • Year Built: 1915
  • Cooling: Zoned
  • Basement: Other
  • Approx Sq. Feet: 3,472
  • Lot Size: 85.00x20.00
  • Est. Taxes: $10,452
  • View: Other
  • Pet Policy: Building Yes,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RPLU-5123284571
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/RPLU-5123284571/358tompkinsavenue_brooklyn_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate   Phone: (212) 891-7000

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NMLS Mortgage Loan Originator ID 1880936

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Brooklyn (Bedford-Stuyvesant), NY, 11216

$3,900,000

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 $3,120,000 $3,120,000 $3,120,000
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 6.700% 6.222% 5.785%
Monthly Tax Payment $871 $871 $871
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,471 $18,957 $25,700
Total Monthly Payment $18,467 $19,953 $26,696

* 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.