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Bring your architect and imagination to this classic Bed-Stuy two-family townhouse.
Situated on a 22. 5' x 100' lot, 567 Lexington Avenue offers approximately 2, 200 square feet of living space across two full floors, plus a cellar level and a deep private rear yard. Built in 1899 and currently configured as a two-family residence, the property presents a rare opportunity to create a customized Brooklyn home tailored to your needs with a possible 2, 295 square feet of additional building space.
The existing layout offers exceptional flexibility. The first and basement level are currently set up as a 2-3 bedroom home with a home-gym, laundry area, and ample storage space. The second floor of this townhouse is a 2-bedroom apartment.
A purchaser may choose to retain the home's two-family layout, resulting in spacious residences with multiple bedrooms and generous living and dining areas. Alternatively, the property can be reimagined as a grand single-family townhouse. The configuration also lends itself to an owner's residence with an income-producing rental unit.
At the rear of the property, a sizable backyard provides valuable outdoor space with endless potential for entertaining, gardening, or outdoor living.
Located on a residential Bedford-Stuyvesant block known for its historic architecture and strong sense of community, 567 Lexington Avenue is surrounded by neighborhood restaurants, cafés, parks, and convenient transportation options (the G, J, Z and M). As Bedford-Stuyvesant continues to attract homeowners seeking space, character, and long-term value, opportunities to acquire and customize a townhouse of this scale have become increasingly rare.
Offered as-is and ready for its next chapter, 567 Lexington Avenue presents a unique opportunity to create a home that reflects your vision while building equity in one of Brooklyn'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.
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Our Executive Mortgage Banker:
$1,499,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,199,200 | $1,199,200 | $1,199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.133% | 6.183% |
| Monthly Tax Payment | $331 | $331 | $331 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,809 | $7,190 | $10,120 |
| Total Monthly Payment | $7,265 | $7,646 | $10,576 |
* 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.