1119 East 59th Street, Brooklyn (Futurama), NY, 11234 | $1,175,000

Don’t miss this stunning park-facing two-family home in Flatlands — one of Brooklyn’s last hidden gems. Perfect for investors or homeowners looking to acquire a move-in-ready, income-producing property. The one-bedroom, garden-level apartment features a sunny eat-in kitchen with wood cabinetry and full-size appliances. A long hallway and closet lead to the living room and windowed full bathroom, and the spacious rear-facing bedroom opens directly to the oversized, fenced yard. Two matching three-bedroom, one-and-a-half-bathroom upper units offer gleaming hardwood floors, treetop views, and fantastic closet space. Expansive open-plan living rooms run alongside upgraded pass-through kitchens with granite counters, glass-front cabinetry, and upscale stainless steel appliances. Two big bedrooms overlook the rear yard, and a third is in the hallway across from updated full and half baths. The first-floor apartment enjoys a porch area, and the top unit boasts a wide balcony overlooking the tree-lined street and park. Ceiling fans and through-the-wall air conditioning ensure year-round comfort. A two-car tandem garage, laundry, and storage complete this stellar brick multi-family building. Located in Flatlands, between Canarsie and Marine Park, Jacob Joffe Park flanks this idyllic Brooklyn block, providing sports courts, playgrounds, and beautiful rolling lawns. One block east, Georgetown Shopping Mall delivers excellent shops and services. Head to nearby Paerdegat Basin to enjoy waterfront recreation, including yacht clubs and sprawling Canarsie Park. There’s excellent bus service in the neighborhood. The Flatbush Avenue subway station delivers access to 2 and 4/5 trains a mile-and-a-half away, and the Belt Parkway is just one mile south.

Features

  • Town: Brooklyn
  • Rooms: 7
  • Laundry: SeeRemarks
  • Year Built: 1955
  • Cooling: Unknown Type
  • Building Access : Walk-up
  • Service Level: None
  • Built Size: 23'x52'
  • OLR#: COMP1755191389841324
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/COMP1755191389841324/1119east59thstreet_brooklyn_ny?source=qrflyer
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 Compass

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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1119 East 59th Street, Brooklyn (Futurama), NY, 11234

$1,175,000

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 $940,000 $940,000 $940,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.502% 6.220% 5.781%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,191 $5,712 $7,743
Total Monthly Payment $5,316 $5,837 $7,868

* 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.