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Welcome to one of the most beautiful brick townhomes in Williamsburg. This massive townhouse stands at 20' wide and nearly 40' deep and has both south and north facing views. 72 Conselyea consists of 3-units: an owner's triplex on the bottom 3 floors; followed by 2 identical units on the top two floors which both consist of a 1-bedroom/1-bathroom + office. For buyers seeking a single-family home, the conversion is as simple as it gets - simply remove the kitchens on the top two floors and you have a stunning, sprawling single-family townhouse spanning five full floors. The home can also be delivered entirely vacant.
The owner's triplex (cellar, ground & parlor floor) has beautifully restored prewar flooring with detailed inlays. It features a stunning windowed kitchen with a
massive island for cooking and entertaining along with a brand-new Viking appliance package as well as a wine cooler and plate warming drawer. It easily
fits 4 bar stools for your friends and family to hang out while you prepare cocktails or a meal. Storage abounds in this kitchen, which features a walk-in pantry.
The brass pull hardware for cabinetry, lighting fixtures, and bathroom vanities are all Restoration Hardware.
The primary bedroom on the ground floor features two walk-in closets with direct access to the backyard. The second bedroom can easily accommodate a king bed along with an in-home office (which represents the current setup). The cellar is finished and includes a large Samsung washer/dryer. This area can be utilized as a second living room, playroom, or informal third bedroom. Please note the ceiling height in the cellar is 6'3" and this space is below grade. The cellar also features a full bathroom with direct access to the backyard along with a walk-in closet.
The two upper-floor units are identical mirror images of one another, each offering a 1-bedroom/1-bathroom layout plus a dedicated office. Whether retained as
income-producing rentals to offset your carrying costs, used to house extended family, or effortlessly converted into expansive additional living space, these floors offer tremendous flexibility. The infrastructure is already in place - the path to a single-family home here is truly one of the easiest you will find in all of Brooklyn.
This residence is a block from the Lorimer L and Metropolitan G subway stops, and conveniently located just a few blocks from scores of beloved neighborhood staples including Variety Coffee, Hungry Ghost, Bagel Smith, and Settepani. The neighborhood features an incredible and diverse dining scene with Kings County Imperial, Beco, Zona Rosa, Suzume, Pecoraro, Reunion, Lilia, and Casa Publica - virtually every cuisine at your fingertips. And just a stone's throw away sits the
beautifully renovated McCarran Park, complete with a soccer field, softball field, workout area, pool, and track.
A rare opportunity to own a truly special piece of Williamsburg. Please feel free to reach out to schedule a private viewing.
Building Info
Existing Building: 20' x 38'
Building SF: 3, 800
Lot Size: 20' x 86' (1, 720 SF)
Bedrooms: 4 (can easily convert to 6-bedroom as a single family)
Bathrooms: 6
Zoning: R6A / R7B (half of the lot falls in R6A and half falls in R7B)
Real Estate Taxes: $6, 000/year
Current Rent Roll: $21, 000/month (detailed breakdown available upon request). For those whom are looking at this from an investment perspective the rent roll can be increased to $24, 750/month and delivered at a 6-Cap.
PLEASE NOTE that all units in the building are tenants occupied. Please provide a minimum of 24-48 hours' notice for showings. Preferred day for showings is Sunday afternoon from 1pm -3pm.
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.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.
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Our Executive Mortgage Banker:
$4,495,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,596,000 | $3,596,000 | $3,596,000 |
| 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 | $500 | $500 | $500 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,857 | $21,560 | $29,862 |
| Total Monthly Payment | $20,482 | $22,185 | $30,487 |
* 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.