738A Madison Street, Brooklyn (Stuyvesant Heights), NY, 11221 | $1,895,000

Bold design meets classic Brooklyn character in this striking Stuyvesant Heights townhouse offering spanning two thoughtfully designed units. Occupy one unit and rent out the other to offset your monthly carry or purchase the home as a cash-flowing investment property.

The lower duplex sets the tone with a dramatic blend of historic texture and modern edge. Stunning black cabinetry, unique lighting fixtures, and intricate ceiling details pop against exposed brick walls in the expansive kitchen. Caesarstone quartz countertops and a suite of stainless steel appliances including a gas range + hood, refrigerator, and dishwasher create a modern industrialized feel. A center island with breakfast bar adds style, seating, and storage to this gorgeous space. A large rear glass pane door leading to the private backyard and huge oversized front windows allow light to pour in from all angles in this elegant open floorplan.

Travel to the modern garden level of this home, fashionably designed with chic black-and-white finishes. Two large bedrooms comprise this level, offering unparalleled amounts of space. Both feature customized closets, while the primary also boasts a large en-suite bath. Clean white cabinetry and gleaming finishes in the bathroom impeccably match the unique black and white petal tile floor. A security system and LG washer and dryer enhance this spectacular home adding safety and convenience.

The upper duplex provides an additional 2 bedrooms and flexible space continuing the luxurious finishes and abundant natural light from the lower unit. A fully equipped eat-in kitchen features an ornate decorative fireplace, sleek white cabinetry and a subway tile backsplash. The spacious living room in the front of the home offers large windows and an additional storage closet. The top level provides 2 very large bedrooms and a flexible space that can be used as a home office, home gym, studio, or whatever suits your personal needs.

Scrumptious dining options are just up the street from this home and Saratoga Park is just a short trip away. This prime location offers easy access to the J/Z train at Gates Avenue.

Features

  • Town: Brooklyn
  • Amenities: Alarm System; Garden;
  • Rooms: 10
  • Laundry: Other
  • Year Built: 1899
  • Cooling: Unknown Type
  • Service Level: None
  • Built Size: 16'x40'
  • OLR#: RLS20069989
  • Days on Market: 107 days
  • Website: https://www.raveis.com
    /prop/RLS20069989/738amadisonstreet_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 Brown Harris Stevens Residential Sales LLC

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NMLS Mortgage Loan Originator ID 81725

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738A Madison Street, Brooklyn (Stuyvesant Heights), NY, 11221

$1,895,000

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 $1,516,000 $1,516,000 $1,516,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,608 $9,334 $12,793
Total Monthly Payment $8,733 $9,459 $12,918

* 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.