Brooklyn (Bensonhurst), NY, 11214 | $1,295,000

A rare opportunity to own a beautifully maintained two-family home with garage, backyard, and strong rental potential in one of Brooklyn's most established neighborhoods.

Welcome to 1948 81st Street, a meticulously maintained two-family home in the heart of Brooklyn's desirable Bensonhurst neighborhood. This classic property offers the perfect blend of comfortable living and strong income potential, making it an excellent opportunity for both end-users and investors.

The home has been owned and inhabited by one family for many decades. It has been exceptionally well cared for over the years - evident from the moment you step inside. Each unit offers a well-proportioned layout with bright living spaces, two bedrooms, and one full bath-ideal for extended family living or generating reliable rental income. The home also has a full floor, bright and cheery, finished basement with direct access to the backyard.

One of the standout features of this property is its flexible two-family configuration, allowing an owner to live in one unit while collecting rental income from the other to help offset monthly expenses. For investors, the home presents a strong opportunity to generate consistent income in a stable and highly sought-after neighborhood.

The property also includes a private garage, a valuable amenity in Brooklyn, along with a lovely backyard space perfect for relaxing, gardening, or entertaining outdoors. The outdoor area adds an extra layer of livability that is rarely found in comparable homes. Located on a quiet residential block, 1948 81st Street is close to neighborhood shopping, dining, and convenient transportation options, making everyday living both easy and enjoyable. There are an assortment of bucolic parks and a wide range of schools to choose from as well.

Whether you are looking for a clean, move-in ready home with income potential or a smart addition to your investment portfolio, this property checks all the boxes.

Features

  • Town: Brooklyn
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 2 full
  • Units: 1
  • Laundry: Building Other,In Unit
  • Style: Walk-Up
  • Year Built: 1920
  • Basement: Other
  • Approx Sq. Feet: 1,838
  • Pet Policy: Building No,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20079017
  • Days on Market: 59 days
  • Website: https://www.raveis.com
    /prop/RLS20079017/194881ststreet_brooklyn_ny?source=qrflyer
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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 Berkshire Hathaway HomeServices New York Properties   Phone: (212) 710-1900

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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!
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Brooklyn (Bensonhurst), NY, 11214

$1,295,000

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 $1,036,000 $1,036,000 $1,036,000
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 $5,882 $6,379 $8,742
Total Monthly Payment $6,007 $6,504 $8,867

* 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.