RARELY AVAILABLE, Completely Renovated, 6, 200 Square Foot, 4 Unit Brownstone on a Park Block! Located on Bucolic President Street, just steps to Prospect Park, this Majestic and Pristine, 5 Story townhouse has been completely renovated and restored inside and out. Beautiful NEW finishes and fixtures complement exquisite original detail including the Grand Staircase, elaborate Decorative Mantels, Wainscoting, Pocket Doors, a Pier Mirror, the original Breakfront, Stained Glass, Decorative Plasterwork, ornately patterned Parquet Floors and more! Currently configured as an Owners Duplex and three floor through apartments, this High Income Producing building is an investors dream. The 2500 square foot Parlor Duplex with soaring 12 foot ceilings is a breathtaking showcase of original detail. On the upper floor is the gracious living room and formal dining room, a full bath with a glass enclosed shower and the luxurious kitchen. Elegant finishes include Luxano lux quartzite Countertops and Island, beautiful custom cabinetry, built in storage and a large pantry closet. The high end appliance suite includes a Thor Convection Oven and LG Induction Cooktop, Frigidaire refrigerator, Bosch dishwasher and microwave drawer. Glass doors open to a deck with stairs leading down to a lush, private garden with a paved area and mature peripheral plantings. On the lower floor are 3 Bedrooms and an additional two baths; one with a double vanity and walk-in shower and the other with a single vanity and shower/tub combo. The upper three units are bright, 2 bedroom, 1 bath apartments with open plan living and dining, good sized bedrooms and generous closet/storage space. Kitchen finishes include Corian countertops, Thor Convection Ovens and LG Induction Cooktops, Figidaire refrigerators and Bosch dishwashers. All units are appointed with Radiator heating and central AC, radiant heating in the bathroom floors and front loading LG Washers/Dryers. Ideally located in the heart of the Park Slope Historic District, just steps to the picturesque Grand Army Plaza entrance to Prospect Park ( home to the bustling Saturday Farmers Market) and in close proximity to The Brooklyn Public Library, Botanical Garden, The Brooklyn Museum and Zoo. Nearby 7th and 5th Avenues offer a huge variety of shopping and restaurants and the F, G, 2, 3, 4, and R train lines get you to Downtown Manhattan in 20 minutes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $6,600,000 | $6,600,000 | $6,600,000 |
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 | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $38,516 | $41,716 | $55,695 |
Total Monthly Payment | $38,641 | $41,841 | $55,820 |
* 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.