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This listing for 274 Eldert Street in Bushwick presents a beautifully gut-renovated two-units brick townhouse, can be used for both investors or end-users looking to live luxuriously while earning rental income. Here's a breakdown of the key features and value points:
Property Overview:Type: Two-units townhouse
Width: 20 ft
Layout: Owner's triplex over a 2-bedroom garden rental
Condition: Fully gut-renovated with high-end finishes
Location: Picturesque, tree-lined street in Bushwick, a few blocks away from the Halsey J/L trains
Entry: Classic stoop entry with formal foyer and coat closet
Living Space:
Loft-style parlor floor with high ceilings
Light-filled bow front windows and original mantel
Open dining area and discreet powder room
Kitchen:
Chef's kitchen with stainless steel appliances
Marble countertops & large marble island
Farm sink & extensive cabinetry
Outdoor:
Private terrace that can be utilized for dining/lounging
Views of a manicured backyard
Primary Bedroom:
Garden views
En-suite bath & generous closet space
Additional Bedrooms:
Two spacious rooms
Skylight-enhanced full bathroom
Connected by a design staircase
Large rec room
Suburban-sized laundry room
Half bath + storage closets
Spacious 2-bedroom layout
Private patio
Can be used for generating passive income or housing guests.
Central Bushwick location
lots of restaurants, nightlife, coffee shops
Convenient access to Halsey J/L subway lines
This thoughtfully redesigned property offers modern comforts while maintaining its historic charm, all in one of Brooklyn's most dynamic neighborhoods. The owner's triplex is wonderful for those who love to entertain or need space to spread out, while the rental unit adds value and flexibility.
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.
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$1,950,000
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 |
|
|---|---|---|---|
| Loan Amount | $1,560,000 | $1,560,000 | $1,560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.750% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.028% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,138 | $9,104 | $12,747 |
| Total Monthly Payment | $8,263 | $9,229 | $12,872 |
* 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.