274 Eldert Street, Brooklyn (Bushwick), NY, 11207 | $1,950,000

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

Owner's Triplex Highlights:
  • 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

Upper-Level Bedrooms:
  • Primary Bedroom:

    • Garden views

    • En-suite bath & generous closet space

  • Additional Bedrooms:

    • Two spacious rooms

    • Skylight-enhanced full bathroom

Lower Level (Basement):
  • Connected by a design staircase

  • Large rec room

  • Suburban-sized laundry room

  • Half bath + storage closets

Garden-Level Rental Unit:
  • Spacious 2-bedroom layout

  • Private patio

  • Can be used for generating passive income or housing guests.

Location Perks:
  • 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.

Features

  • Town: Brooklyn
  • Amenities: Garden; Laundry Room;
  • Rooms: 8
  • Laundry: InUnit
  • Year Built: 1910
  • Cooling: Central
  • Service Level: None
  • Built Size: 20'x45'
  • OLR#: RLS20038723
  • Days on Market: 158 days
  • Website: https://www.raveis.com
    /prop/RLS20038723/274eldertstreet_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 Douglas Elliman Real Estate

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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274 Eldert Street, Brooklyn (Bushwick), NY, 11207

$1,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

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.