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Welcome to 1934 East 29th Street, an exceptional two-family home located in the desirable Madison section of Sheepshead Bay. Offered for the first time in nearly a century, this remarkable property has been lovingly maintained by the same family for generations, reflecting true pride of ownership and timeless craftsmanship. The spacious owner’s duplex features four generously sized bedrooms and one full bathroom, showcasing beautifully preserved original hardwood floors, a stunning decorative fireplace, elegant stained-glass accent windows, and an abundance of natural light. Thoughtful updates, including energy-efficient mini-split air conditioning systems and newer windows, provide modern comfort while preserving the home’s original charm. The additional one-bedroom, one-bath apartment offers excellent rental income potential, a guest suite, or accommodations for extended family. Completing the property is a private one-car garage and a home in outstanding, move-in condition. Ideally situated in the Madison section of Sheepshead Bay, this home is just minutes from Marine Park, where you’ll enjoy golf, walking and biking trails, playgrounds, and outdoor recreation. Convenient access to the Belt Parkway, shopping, restaurants, schools, and public transportation makes this an ideal location for both commuters. This is a rare opportunity to own a home that has been treasured for nearly 100 years. Combining historic character, thoughtful updates, and income-producing potential, 1934 East 29th Street is ready to welcome its next generation of owners.
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:
$999,000
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 | $799,200 | $799,200 | $799,200 |
| 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% | 6.086% | 6.183% |
| Monthly Tax Payment | $671 | $671 | $671 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,538 | $4,792 | $6,744 |
| Total Monthly Payment | $5,301 | $5,555 | $7,507 |
* 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.