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Brooklyn (Prospect Heights), NY, 11238 | $3,995,000
Positioned on a prime stretch of Saint Marks Avenue, 181 Saint Marks Avenue is a five story four family townhouse offering scale, flexibility, and exceptional upside. Delivered vacant, this 20 foot wide property sits on an extra deep 131 foot lot, providing a rare opportunity for end users and investors alike.
Configured with an owner's duplex spanning the garden and parlor levels, the residence offers the ideal foundation for a gracious primary home with direct access to the expansive rear garden. Above, three full floor apartments present multiple paths forward, from creating a substantial single family townhouse to establishing a high performing income producing asset.
The proportions throughout are impressive, with generous widths, high ceilings, and the potential to craft beautifully appointed interiors that balance historic character with modern living. The depth of the lot allows for exceptional light and the opportunity to design a truly special outdoor space.
Set within one of Brooklyn's most vibrant neighborhoods, moments from Prospect Park, cultural institutions, and some of the borough's best dining and shopping, 181 Saint Marks Avenue is a rare offering with both immediate utility and long term value.
DELIVERED VACANT
Features
- Town: Brooklyn
- Cooling: Window Unit(s)
- Levels: 4
- Rooms: 19
- Bedrooms: 8
- Baths: 4 full
- Lot Size: 131.00x20.00
- Laundry: In Unit
- Year Built: 1901
- Approx Sq. Feet: 4,500
- Est. Taxes: $10,224
- View: Other
- Pet Policy: Building Yes,No
- MLS#: RLS20088501
- Days on Market: 4 days
- Website: https://www.raveis.com
/prop/RLS20088501/181stmarksavenue_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 Corcoran Group Phone: (212) 355-3550
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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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 (Prospect Heights), NY, 11238
$3,995,000
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 | $3,196,000 | $3,196,000 | $3,196,000 |
| 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 | $852 | $852 | $852 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,648 | $19,162 | $26,540 |
| Total Monthly Payment | $18,625 | $20,139 | $27,517 |
* 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