103 Joralemon Street is a 4 story townhouse built on a grand scale, and located in Central Brooklyn Heights Historic Landmark district. Currently configured as a 5 family home, this townhouse has exposures on three sides. This impressive brownstone is built 25' wide x 55 ' on a 90'5" lot. There is room to expand into its English basement for additional space. There is a bulkhead to the roof to accommodate a spectacular roof deck.
Each apartment offers plenty of light and space with charming features. There are many original details in each apartment including marble fireplace mantles, crown moldings, and ceiling medallions.
The size and scale of this home offers the options to use this townhouse to suit your needs. 103 Joralemon Street can be used in its current configuration for a reliable investment property, or condominium conversion. Or live in one or more of the apartments while generating income from any of the highly desirable apartments. Or, create the ultimate single family residence.
The Parlor floor is a restored apartment with 3 bedrooms, 1. 5 bathrooms, and a private garden. There is the opportunity to incorporate the English basement with the Parlor floor apartment to increase the value and increase square footage.
Apartment 2B is a spacious one bedroom with a deck.
Apartment 2A is a front facing 1 bedroom.
Apartment 3B The third floor back is a well maintained one bedroom.
Apartment 3A is a sprawling duplex consisting of 1. 5 floors. Apartment 3A has three bedrooms, 2. 5 bathrooms, plus a dining room and middle den. (Leased through July 2025)
This Brooklyn Heights townhouse is centrally located at the foot of Garden Place. This fabulous neighborhood is filled with beautiful architecture, tree lined streets.
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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 | $5,200,000 | $5,200,000 | $5,200,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,346 | $32,868 | $43,881 |
Total Monthly Payment | $30,471 | $32,993 | $44,006 |
* 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.