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Welcome to 294 Albany Avenue!
This fully renovated three-family townhouse in Crown Heights offers nearly 3, 000 square feet of modern living combined with strong income potential. The owners’ duplex spans two levels with 4 bedrooms and 2. 5 baths, featuring a bright, open kitchen with a dedicated prep station for strict dietary or cooking needs—perfect for entertaining and everyday life.
The parlor level welcomes you with sun-filled living spaces, wide-plank floors, tall ceilings, and large bay windows that bring in abundant natural light. A spacious dining area and breakfast nook flow seamlessly into the showstopping kitchen, anchored by a backlit onyx island and Viking appliances. Step outside to enjoy the fully redone backyard and deck—ideal for outdoor gatherings.
Upstairs, the owner’s suite accommodates a king-size bed and features a spa-inspired en suite bath with floor-to-ceiling stone, a soaking tub, walk-in shower, and double vanity. Two additional bedrooms share a large, windowed full bath, and a washer-dryer adds convenience.
The garden level includes two move-in-ready rental units: a studio with bay windows and a one-bedroom with a private patio. Additional features include a finished basement, a curb cut with onsite parking outside the garden-level entrance, and a classic high-stoop entry with an ornate stone facade.
Located in the Crown Heights Historic District, this 1902 Renaissance Revival townhouse is close to Brower Park, Prospect Park, the Brooklyn Botanic Garden, and local cultural hotspots. Dining and nightlife options abound, and public transportation is convenient with access to multiple subway lines, LIRR, buses, and CitiBike stations.
294 Albany Avenue is a rare combination of stylish design, versatile living, and investment-ready opportunities in one of Brooklyn’s most desirable neighborhoods.
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.
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Our Executive Mortgage Banker:
$2,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $2,200,000 | $2,200,000 | $2,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,319 | $13,367 | $18,417 |
| Total Monthly Payment | $12,444 | $13,492 | $18,542 |
* 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.