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Brooklyn (Boerum Hill), NY, 11217 | $3,700,000
137 Nevins Street presents a rare mixed-use opportunity in the heart of Boerum Hill/Cobble Hill, offering the flexibility of both residential income and commercial potential in one of Brooklyn’s most sought-after corridors. This two-family property with a commercial component blends classic Brooklyn character with strong upside for investors, end-users, or entrepreneurs seeking a live/work environment.
The whole Bldg went through a full renovation and each unit has 2 bedroom 1 bath, with washer and dryer in unit ; balcony, dishwasher brand new appliances and the second unit has 2 bedroom 2 bathrooms with terrace and skylight .
The property features a ground-floor commercial space ideal for boutique retail, office, wellness, gallery, café, or creative use, while the residential units above provide stable income potential or owner-occupancy flexibility. With excellent street presence and steady neighborhood foot traffic, the commercial component benefits from the energy and growth surrounding Nevins Street and nearby Atlantic Avenue.
Positioned moments from Downtown Brooklyn, Boerum Hill, Cobble Hill, and Carroll Gardens, the property is surrounded by acclaimed restaurants, cafés, boutiques, and major transportation options including the Atlantic Terminal hub and multiple subway lines.
Whether you are an investor looking for long-term appreciation, a developer exploring repositioning potential, or an owner-user seeking a mixed-use Brooklyn asset, 137 Nevins Street offers a compelling combination of location, versatility, and income-generating potential.
Features
- Town: Brooklyn
- Levels: 3
- Rooms: 7
- Baths: 4 full / 1 half
- Lot Size: 18.00 x 80.00
- Laundry: See Remarks
- Year Built: 1920
- Approx Sq. Feet: 4,500
- Est. Taxes: $4,506
- Pet Policy: Building Yes,Yes
- MLS#: RLS20094680
- Days on Market: 33 days
- Website: https://www.raveis.com
/prop/RLS20094680/137nevinsstreet_brooklyn_ny?source=qrflyer
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 R New York Phone: (212) 688-1000
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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:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Brooklyn (Boerum Hill), NY, 11217
$3,700,000
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 | $2,960,000 | $2,960,000 | $2,960,000 |
| 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 | $376 | $376 | $376 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,807 | $17,747 | $24,978 |
| Total Monthly Payment | $17,308 | $18,248 | $25,479 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535