1859 W 4th Street, Brooklyn, NY, 11223 | $1,999,999

Welcome to a rare opportunity in the heart of Brooklyn, a fully detached brick Colonial set on an expansive 40 x 100 lot, offering the perfect blend of space, versatility, and income potential. This beautifully configured home features a multi-level layout designed for both comfortable living and smart investing. The upper level boasts a fully renovated 4-bedroom duplex with modern, turnkey finishes, highlighted by a private balcony, ideal for relaxation and added lifestyle appeal, located in the heart of Gravesend, Brooklyn. This spacious residence offers a versatile layout, updated interiors, and excellent income potential, with exceptional space and modern finishes throughout. The main level offers a sun-filled open-concept layout with 3 spacious bedrooms and 2 full bathrooms, complemented by granite countertops, hardwood floors, and clean, contemporary finishes throughout. A spacious living room, formal dining area, and an updated kitchen with granite countertops in pristine condition provide a seamless flow for everyday living and entertaining. The second-floor apartment has been tastefully renovated and includes additional living space with well-proportioned bedrooms and access to a balcony, offering flexibility for extended living arrangements. The second floor is currently occupied, generating excellent rental income. The fully finished basement includes a 1-bedroom unit with its own laundry, perfect for extended family, guest quarters, or generating additional rental income. Outdoor space is equally impressive, featuring a beautifully finished backyard perfect for relaxing or entertaining, along with the convenience of a one-car attached garage and additional parking for two vehicles, a true rarity in Brooklyn. Whether you’re an end-user seeking space or an investor looking for strong upside, this property delivers on every level. A rare opportunity to own a spacious and well-maintained home in one of Brooklyn’s most desirable residential communities. Conveniently located near shopping, dining, transportation, and all neighborhood amenities.

Features

  • Bedrooms: 7
  • Baths: 3 full
  • Style: Colonial
  • Year Built: 1920
  • Garage: 1-car
  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Basement: Partially Finished, Storage Space
  • Acreage: 0.09
  • Est. Taxes: $9,907
  • Elem. School: Contact Agent
  • High School: Contact Agent
  • School District: Contact Agent
  • MLS#: 994965
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /eprop/994965/1859w4thstreet_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 Group   Phone: 914-713-3270

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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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

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

1859 W 4th Street, Brooklyn, NY, 11223

$1,999,999

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 $1,599,999 $1,599,999 $1,599,999
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 $826 $826 $826
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,085 $9,851 $13,502
Total Monthly Payment $10,036 $10,802 $14,453

* 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.