|
|
Prime Downtown Brooklyn Four-Family Opportunity R6B Zoning Delivered As-Is
Rare opportunity to acquire a four-family townhouse on one of Downtown Brooklyn's most sought-after historic blocks. Situated on a 17. 92' x 75' lot with R6B zoning, 59 Duffield Street offers exceptional flexibility for investors, developers, and end users looking to capitalize on a premier Brooklyn location.
Built in 1910 and offered as-is, this property presents multiple pathways for value creation:
Maintain as a four-family income-producing asset
Reconfigure into luxury condominium residences (consult architect/attorney)
Create a spacious owner's triplex with income-generating units
Renovate and modernize for long-term appreciation in a rapidly growing neighborhood
Property Highlights:
Four-family townhouse
Building dimensions: 17. 92' x 35'
Lot dimensions: 17. 92' x 75'
R6B zoning
Annual taxes: $5, 624
Built in 1910
Offered as-is
Asking: $3, 200, 000
Unbeatable Location
Positioned in the heart of Downtown Brooklyn, Duffield Street places you moments from the best of Brooklyn and Manhattan. Enjoy immediate access to:
Brooklyn Bridge Park waterfront
Brooklyn Bridge and Manhattan Bridge connections
DUMBO, Brooklyn Heights, and Boerum Hill
City Point, DeKalb Market Hall, and major retail corridors
Multiple subway lines providing quick access throughout Brooklyn and Manhattan
Restaurants, cafés, shopping, entertainment, and cultural destinations
Properties with this combination of location, zoning flexibility, and redevelopment potential rarely come to market. Whether you're an investor seeking cash flow, a developer looking for your next project, or an end user envisioning a custom Brooklyn residence, 59 Duffield Street offers an exceptional opportunity in one of New York City's most dynamic 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.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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$3,200,000
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 | $2,560,000 | $2,560,000 | $2,560,000 |
| 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 | $468 | $468 | $468 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $14,535 | $15,762 | $21,603 |
| Total Monthly Payment | $15,128 | $16,355 | $22,196 |
* 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.