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A Restoration Masterpiece in Ditmas Park’s Historic District 1000 Ocean Avenue, Brooklyn Whoever said there are no true palaces in Brooklyn has never seen 1000 Ocean Avenue. Designed in 1899 by the renowned architect George Palliser for Wall Street magnate George Van Ness and his family, this monumental Ditmas Park residence stands as a testament to Brooklyn’s Gilded Age grandeur. Nearly 6, 000 square feet of living space and a fully detached carriage house rest on an expansive lot with a private drive accommodating multiple cars—an extraordinary offering in any era. The home’s monumental temple front, Corinthian pilasters, and Palladian window evoke timeless architectural elegance. Inside, soaring ceilings, four fireplaces (two wood-burning and two gas), and the original grand staircase with three distinct spindle patterns reveal the artistry of a bygone age. leaded-glass windows illuminate the landing with light, while generous parlors, a library, and a formal dining room recall the home’s distinguished social life. Upstairs, large bedrooms and a billiard room await restoration, all beneath a slate roof with copper valleys. Set within the Ditmas Park Historic Landmark District, this property is a once-in-a-generation opportunity for a visionary buyer to return one of Brooklyn’s most important residences to its former glory. Though in need of comprehensive restoration—inside and out—the structure’s integrity and provenance offer an unparalleled foundation for revival. This is an historic landmarked property needing full interior and exterior restoration. Cash buyers only. https: //www. fox5ny. com/video/fmc-zh4p9p9a9z0skzrz
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.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.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,840,000 | $1,840,000 | $1,840,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.110% | 5.932% |
| Monthly Tax Payment | $675 | $675 | $675 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,303 | $11,032 | $15,280 |
| Total Monthly Payment | $11,103 | $11,832 | $16,080 |
* 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.