10516 Flatlands 4th Street, Brooklyn, NY, 11236 | $1,179,000

A moment frozen in time, this charming two-family home in Canarsie marries classic mid-century character with smart, income-ready functionality. Meticulously maintained across multiple levels, the property offers flexible living arrangements that suit an owner-occupant who wants rental income or a home homeowner that wants to create their dream home. Rich preserved craftsmanship - think mirrored accent walls, decorative tile floors, stained-glass cabinetry and bold period details gives the interior a memorable, one-of-a-kind personality you won’t find in cookie-cutter listings. The thoughtful layout, with multiple kitchens and living rooms, easily accommodates extended family, a live-work setup, or steady rental tenants, so you get both comfortable, spacious living and strong income potential. The thoughtful layout is spread across multiple levels to maximize privacy and income potential: the first floor opens into a generous 2-bedroom, 1-bath unit with an eat-in kitchen and an open living/dining flow—ideal as a rental or in-law suite; the upper unit is a bright duplex featuring a full living room, an eat-in kitchen with a cozy breakfast nook, a balcony that brings in light and a convenient half bath; the top level offers 3 bedrooms and a full bath, anchored by a primary suite with an ensuite bath and walk-in closet. All together the home delivers flexible living arrangements and room to personalize, so bring your contractor and create your dream home. The basement is full finished and includes a laundry room, full bathroom and access to the backyard. All mechanicals have been upgraded. Low annual taxes approx. 7, 000/yr. Transportation includes access to the belt parkway, local buses along Flatlands Ave and L-train at Rockaway Parkway/Canarsie. The search is over, finally welcome home!

Features

  • Bedrooms: 5
  • Baths: 4 full
  • Laundry: In Basement
  • Style: Mid-Century Modern
  • Year Built: 1955
  • Heating: Forced Air
  • Cooling: Wall/Window Unit(s)
  • Basement: Finished, Full, Walk-Out Access
  • Acreage: 0.05
  • Est. Taxes: $7,909
  • Elem. School: Ps 279 Herman Schreiber
  • Middle School: Is 211 John Wilson
  • High School: High School For Medical Professions
  • School District: Community District 18
  • MLS#: 994201
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/994201/10516flatlands4thstreet_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Realty Empire   Phone: 718-954-8400

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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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10516 Flatlands 4th Street, Brooklyn, NY, 11236

$1,179,000

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 $943,200 $943,200 $943,200
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 $659 $659 $659
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,208 $5,655 $7,832
Total Monthly Payment $5,992 $6,439 $8,616

* 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.