Brooklyn (Bedford-Stuyvesant), NY, 11216 | $3,275,000

A rare opportunity to acquire a renovated three-family townhouse on a tree-lined block at the intersection of Bedford-Stuyvesant and Clinton Hill. Configured as three residential units across four stories, the property offers immediate income from two leased apartments while providing flexibility for future use, subject to applicable laws and regulations.

The garden duplex spans the first and second floors and offers approximately three bedrooms, multiple living and dining areas, two bathrooms, in-unit laundry, and exceptional private outdoor space including a deck and expansive rear yard. The upper apartments are thoughtfully laid out floor-through residences. unit 2 is configured as a two-bedroom, one-bath home, while unit 3 is configured as a two-bedroom, one-bath home with an additional upper-level recreation space. Both apartments are currently leased at $4, 300 per month, providing in-place income from day one.

The property presents an attractive combination of scale, outdoor space, and income generation in one of Brooklyn's most dynamic residential corridors. The flexible layout, existing tenancy, and townhouse configuration create a compelling opportunity for purchasers seeking a property with both immediate cash flow and long-term potential.

Located moments from neighborhood favorites along Franklin Avenue, Bedford Avenue, and Fulton Street, residents enjoy convenient access to an ever-evolving collection of restaurants, cafés, specialty shops, and everyday services. Nearby destinations include Herbert Von King Park, Fort Greene Park, the Brooklyn Museum, and the Brooklyn Botanic Garden. Transportation options include the G train at Bedford-Nostrand Avenue and the A/C trains along Fulton Street, providing access throughout Brooklyn and Manhattan.

All information, including dimensions, layouts, and income figures, should be independently verified by prospective purchasers. Floor plans are for illustrative purposes only and may not reflect exact measurements or current conditions.

Features

  • Town: Brooklyn
  • Cooling: Other
  • Levels: 1
  • Rooms: 10
  • Bedrooms: 7
  • Baths: 4 full / 1 half
  • Lot Size: 100.00x18.00
  • Laundry: Building Other,Washer Hookup,In Unit
  • Year Built: 1899
  • Approx Sq. Feet: 3,462
  • Est. Taxes: $8,076
  • View: Other
  • Pet Policy: Building Yes,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20098371
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/RLS20098371/286cliftonplace_brooklyn_ny?source=qrflyer
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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.
Listing courtesy of Serhant   Phone: 646-480-7665

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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:

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Brooklyn (Bedford-Stuyvesant), NY, 11216

$3,275,000

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 $2,620,000 $2,620,000 $2,620,000
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% 6.086% 6.183%
Monthly Tax Payment $673 $673 $673
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,876 $15,708 $22,109
Total Monthly Payment $15,674 $16,506 $22,907

* 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.