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Brooklyn (Park Slope), NY, 11215 | $4,500,000
DELIVERED VACANT! | 4-STORY BROWNSTONE | ORIGINAL DETAILS A rare ~3, 270 SF canvas in one of Brooklyn's most desirable and resilient markets. Whether you envision a sprawling single-family masterpiece or an expansive owner's triplex with premium rental income, this charming brownstone offers endless potential. THE FINANCIAL ADVANTAGE * Massive Income Potential: The top two floors are newly renovated and project $10, 000/month ($120, 000/year) in rental income. * Subsidize Your Lifestyle: This income effectively cuts carrying costs in half, making a premium Park Slope purchase highly attainable. * Investor Ready: Also functions perfectly as a turnkey investment property, offered at a 4. 5% Cap Rate. PROPERTY HIGHLIGHTS * Size: ~3, 270 Sq. Ft. across 4 full stories, plus a cellar. * Modern Upgrades: Split-unit central AC/heat and in-unit washer/dryers in all units. * Historic Charm: Classic bay window, 5 beautiful marble fireplaces, original hardwood floors, and ornate moldings with ceiling medallions. CURRENT CONFIGURATION * Cellar: Unfinished (Incredible potential for a rec room, home theater, or gym) * 1st Floor (Garden Level): 3 Bed / 2 Bath (Duplexed with the rear of the parlor floor) * 2nd Floor (Parlor Level): Front Studio / Rear is duplexed with the garden level * 3rd Floor: 2 Bed / 1 Bath - Newly Renovated (Projected $5, 000/mo) * 4th Floor: 2 Bed / 1 Bath - Newly Renovated (Projected $5, 000/mo) PROPOSED USAGE * Owner's Triplex: Combine the Cellar, 1st Floor, and 2nd Floor into a massive custom home. * Rentals: Retain the turnkey 3rd and 4th floors for $120, 000/year in gross rental income. LOCATION & TRANSPORTATION * Just two blocks from iconic Prospect Park. Enjoy weekend farmers' markets, endless green space, and the vibrant dining and boutique scenes along 5th Ave, 7th Ave, and 9th Street. * F/G Lines: Steps away at the 7th Ave Station for an effortless commute. * F/G/R Lines: A short walk to the 4th Ave-9th St Station. * 2/3 Lines: Easily accessible at Grand Army Plaza.
Features
- Town: Brooklyn
- Cooling: Other
- Levels: 3
- Rooms: 11
- Bedrooms: 7
- Baths: 5 full
- Lot Size: 18.170000x82.500000
- Laundry: In Unit,See Remarks
- Year Built: 1920
- Approx Sq. Feet: 3,270
- Est. Taxes: $15,408
- Pet Policy: Building No,No
- MLS#: RLS20083164
- Days on Market: 44 days
- Website: https://www.raveis.com
/prop/RLS20083164/4609thstreet_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 Compass Phone: (212) 913-9058
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Brooklyn (Park Slope), NY, 11215
$4,500,000
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 |
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|---|---|---|---|
| Loan Amount | $3,600,000 | $3,600,000 | $3,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,284 | $1,284 | $1,284 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,879 | $21,584 | $29,895 |
| Total Monthly Payment | $21,288 | $22,993 | $31,304 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535