12 Sterling Place, Brooklyn (Park Slope), NY, 11217 | $2,995,000

Welcome to 12 Sterling Place, a stately  three-story, three-family brick townhouse located on a picturesque, tree-lined block in the heart of  North Park Slope, Brooklyn. Measuring approximately 18 feet wide by 45 feet deep on a  100-foot lot, this classic property offers exceptional space, character, and flexibility. Currently configured as three separate floor-through rental units-all fully occupied-this well-maintained building can be  delivered vacant, making it an ideal opportunity for investors, end-users, or those seeking a live-plus-income setup.

Each apartment features hardwood floors, high ceilings, and excellent natural light, with the potential to convert the layout into an owner's duplex or maintain as a high-performing investment property.

Located just steps from 5th and 6th Avenues, the home enjoys immediate access to the vibrant Park Slope lifestyle-boutiques, cafés, restaurants, and cultural institutions-along with unbeatable transportation options via the  Atlantic Terminal transit hub, offering the 2, 3, 4, 5, B, D, N, Q, and R subway lines.

Nearby landmarks include  Prospect Park, Grand Army Plaza, the  Brooklyn Museum, and  Barclays Center.

12 Sterling Place is a rare offering in one of Brooklyn's most desirable neighborhoods. Whether you're looking to expand your real estate portfolio or put down roots in Park Slope, this versatile property delivers long-term value and timeless appeal.

Features

  • Town: Brooklyn
  • Rooms: 9
  • Laundry: InUnit
  • Year Built: 1901
  • Cooling: Unknown Type
  • Service Level: Voice Intercom
  • Built Size: 17'x45'
  • OLR#: RLS20038457
  • Days on Market: 138 days
  • Website: https://www.raveis.com
    /prop/RLS20038457/12sterlingplace_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 Corcoran Group

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

12 Sterling Place, Brooklyn (Park Slope), NY, 11217

$2,995,000

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 $2,396,000 $2,396,000 $2,396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.246% 6.110% 5.952%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,046 $14,365 $19,897
Total Monthly Payment $13,171 $14,490 $20,022

* 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.