234 E 42nd Street, Brooklyn, NY, 11203 | $1,099,000

Experience modern living at its finest in this newly renovated two family property. Whether you're seeking a sophisticated primary residence with supplemental income or a valuable addition to your investment portfolio, this remarkable property offers the perfect blend of luxury, flexibility, and long-term value. Welcome to 234 East 42nd street! A newly renovated, turn key move in ready two family situated on a beautiful tree lined street of East Flatbush. Featuring a wide driveway, garage, and is the perfect opportunity for buyers looking for space, plus income generating rental property. Configured as (2) Two bedroom 1 bath units, plus a high ceiling full finished basement with an additional bedroom, full bath, and summer kitchen. With its unique setup the basement can and 1st floor can be used as a garden-basement duplex to create additional living/recreational space. Renovations include select wide oak wood flooring, recessed lighting, energy efficient split unit central a/c systems. Stunning chefs custom kitchens, fully tiled designer bathrooms and much more! Must see to appreciate. This exceptional townhouse presents a rare opportunity to own a piece of Brooklyn while enjoying the space, privacy, and lifestyle the neighborhood has to offer. Conveniently located with close proximity to major transportation which makes commuting a breeze. Just off Snyder Avenue, Church Avenue, Linden Blvd. Short blocks to schools, shopping centers, restaurants, cafes, parks and many other vibrant neighborhood amenities.

Features

  • Bedrooms: 5
  • Baths: 3 full
  • Style: Duplex
  • Year Built: 1930
  • Garage: 1-car
  • Heating: Forced Air
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Basement: Finished, Full
  • Acreage: 0.05
  • Est. Taxes: $5,917
  • Elem. School: Contact Agent
  • High School: Contact Agent
  • School District: Contact Agent
  • MLS#: 1011118
  • Days on Market: 12 days
  • Website: https://www.raveis.com
    /eprop/1011118/234e42ndstreet_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.

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.

Becky FarleyLuxury Properties Specialist

317.201.7689

Becky.Farley@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
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • 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.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

234 E 42nd Street, Brooklyn, NY, 11203

$1,099,000

Becky Farley

Luxury Properties Specialist

William Raveis Real Estate

Phone: 317.201.7689

Becky.Farley@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $879,200 $879,200 $879,200
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 $493 $493 $493
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,855 $5,271 $7,301
Total Monthly Payment $5,473 $5,889 $7,919

* 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.