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Nestled in the heart of Carroll Gardens, one of Brooklyn’s most coveted neighborhoods, this legal 5-family residence at 656 Henry Street offers a rare blend of historic charm, modern versatility, and prime urban living. Spanning 3, 729 SF across three stories plus a basement, the property sits on a generous 26. 5x75 lot, featuring a sprawling private backyard—a tranquil retreat rarely found in the city. Property Highlights: • 5 Spacious Units: Configured as 1 three-bedrooms and 4 one-bedroom apartments, each unit boasts high ceilings, oversized windows, and sunlit interiors with, creating a warm, inviting atmosphere. • Investor-Ready: A brand-new roof, well-maintained structure, and flexible layout present opportunities for conversion, expansion, or continued rental income. • Prime Location: Steps from Smith Street’s vibrant dining, boutique shopping, and nightlife, with easy access to the F/G trains, Bergen St subway station, and Brooklyn-Queens Expressway. Unique Features: • Private Backyard: An expansive outdoor space ideal for entertaining, gardening, or unwinding amidst the city buzz. • Classic Architecture: Timeless brick façade with period details, blending Carroll Gardens’ historic character with functional design. • Abundant Space: Generous proportions (26. 5x45 building footprint) and a full basement for storage or future customization. Perfect for homeowners seeking a live-in investment or developers eyeing a strategic project, 656 Henry Street delivers the best of Brooklyn—serenity meets sophistication, all within a thriving cultural hub.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,240,000 | $2,240,000 | $2,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | $932 | $932 | $932 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,895 | $14,343 | $19,054 |
Total Monthly Payment | $13,952 | $15,400 | $20,111 |
* 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.