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Built in 1931, this mixed use property spans approximately 3, 211 sqft of interior space atop a 2, 009 sqft lot, offering a stately presence in Gravesend. The three-story property boasts classic brick construction, reflecting early 20th-century architectural charm while promising potential for modernization or expansion. Stepping inside, one encounters generous, well-proportioned rooms throughout. With high ceilings and abundant natural light, the layout lends itself to a versatile floor plan. First floor is a doctors office with 3 exam rooms, office or 4th exam room, 1 full bath, 2 1/2 baths and a kitchen. Second and 3rd floor both offer a 2 bedroom apartment. The second floor has a deck for entertaining or relaxing. The multiple upper-level bedrooms and bathrooms provide comfort and seclusion, while additional attic and basement space offer storage or conversion possibilities. Outside, mature street-tree plantings line the block, complemented by a deep yard—rare in this part of Brooklyn—perfect for a tree-filled garden, patios, or outdoor dining. The wide frontage on Kings Highway ensures curb appeal and a classic Brooklyn streetscape. With its substantial footprint and timeless character, 153 Kings Highway presents an exceptional opportunity to craft a bespoke urban estate in a vibrant, historic neighborhood.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,399,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,919,920 | $1,919,920 | $1,919,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 5.925% | 5.858% | 5.681% |
| Monthly Tax Payment | $1,083 | $1,083 | $1,083 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,160 | $11,204 | $15,687 |
| Total Monthly Payment | $11,368 | $12,412 | $16,895 |
* 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.