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Brooklyn (Downtown Brooklyn), NY, 11201 | $825,000
Bring your vision to life at 195 Adams Street in the heart of Concord Village, Downtown Brooklyn. This spacious two-bedroom, two full-bath residence offers a rare opportunity to create a custom home tailored to your taste. The apartment requires a complete renovation, making it an ideal canvas for buyers seeking value and upside. Enjoy open skyline views that flood the space with natural light and provide a dramatic urban backdrop. Located in a well-established community and zoned for the highly regarded PS 8, this home combines location, views, and potential just moments from Brooklyn Heights, Dumbo, multiple subway lines, parks, and shopping. A true opportunity for end users or investors ready to transform a diamond in the rough into a standout Downtown Brooklyn residence.
1. Exceptional Location
- Prime Downtown Brooklyn spot - right near Brooklyn Heights, DUMBO, and close to Brooklyn Bridge Park and other waterfronts, giving you easy access to scenic areas and outdoor spaces.
- Transportation convenience - multiple subway lines nearby (A/C, 2/3, 4/5, F, R) and several bus routes make commuting around NYC fast, including easy access to Manhattan.
- 24/7 doorman and staff, plus maintenance and handymen on site for safety and support.
- Fitness center, roof decks with city views, and community rooms give residents space for workouts, socializing, and events.
- Laundry facilities, bike storage, storage cages, and parking (often available via waitlist) increase convenience.
- Outdoor garden areas, a fenced dog run, and children's play spaces make it feel more like a community than just an apartment complex.
- Concord Village is known for being pet friendly with an on-site dog run and no weight or breed limits for one dog per apartment (with approval in some contexts).
- Some buildings within the complex include retail services on the ground level - such as a market (Concord Market), dry cleaner, and diner - plus easy access to grocery stores like Trader Joe's and Wegmans nearby.
- This means quick access to essentials without even needing to leave the community area during a day.
- The complex sits on about seven acres of landscaped grounds with walking paths and shaded spots - unusual for dense NYC neighborhoods.
- Many residents form a sense of community through interest groups, gardening activities, and social events that build connections.
- While still centrally located, Concord Village is often more affordable than newer luxury buildings in DUMBO and surrounding areas - giving good value for location and amenities.
Features
- Town: Brooklyn
- Cooling: Other
- Levels: 15
- Rooms: 5
- Bedrooms: 2
- Baths: 2 full
- Laundry: Building Other
- Complex: Concord Village
- Year Built: 1950
- Common Charge: $2,113 Monthly
- View: City Lights,City,Park/Greenbelt
- Pet Policy: Building Dogs OK,Building Yes,Dogs OK
- MLS#: RLS20067555
- Days on Market: 10 days
- Website: https://www.raveis.com
/prop/RLS20067555/195adamsstreet_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 Phone: (212) 355-3550
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888.699.8876
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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
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
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Brooklyn (Downtown Brooklyn), NY, 11201
$825,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $660,000 | $660,000 | $660,000 |
| 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 | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,493 | $3,852 | $5,393 |
| Total Monthly Payment | $3,585 | $3,944 | $5,485 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535