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Welcome to 124 8th Street, a three story two family townhouse, renovated in 2015 and easily converted to a single family, with a stunning 25 ft x 50 ft backyard!
Entering at the garden level, an enclosed patio provides ample storage for bikes and other outdoor equipment before entering the home. Once inside, a cozy living room with a storage closet invites you to linger. Beyond, is the sunny and bright dining room with access to the backyard and an oversized window. Keep the two spaces separate, or combine for a large open concept living space to bring the stunning Southern light throughout the home. A sizable extension provides ample space for the eat in kitchen, currently featuring a mix of tile and butcher block counters, and a mix of open shelving and charming bead board cabinetry. A suite of white appliances including a french door, freezer bottom fridge and dishwasher complement the light and airy space that is washed in sun from two large picture windows. A full bath completes the floor.
Downstairs, the clean and dry basement has been dug out to provide a full ceiling height. While it is currently home to laundry and storage, this full footprint of the home could be easily finished to create an excellent rec space - there are even steps and a Bilco door leading to the backyard, which could be finished with a glass door to provide light and air into the space.
Upstairs are two large bedrooms each with generous closet space, as well as a linen closet and another full bath. On the top floor a one bedroom apartment with it's own entrance off the parlor level offers the possibility a good rental income or three more bedrooms and another full bath should you wish to use the home as a single family residence.
124 8th Street sits on a spectacular 25X100 ft lot. The width of the home is 22 feet, giving you a 3 ft walkway to the backyard from the street - very convenient for pulling in bikes, or other equipment to the backyard. At 25 x 50 sqft the backyard is a true oasis with mature trees surrounding the space for a verdant view - including a lovely magnolia tree, as well as numerous perennials. There is a patio for al fresco dining and a large, legal shed that could potentially be converted to additional living space or removed to create a yard big enough for a soccer field!
124 8th Street has been very well cared for and has received numerous updates over the years including repointing and waterproofing the back and side walls in 2024, a new roof over the kitchen in 2024, a new roof for the rest of the home in 2021, a new hot water heater in 2017, a full renovation of the top floor apartment in 2015, including a new kitchen and windows, a new kitchen on the garden level in 2015, new siding and steel beams in the basement in 2015, a new boiler in 2012, and all new electrical wiring throughout the home in 2000 (with new meters installed just last year). As it is in such good shape, this is a perfect home to move right in and use as is, or tailor to suit your specific needs over time. Located in Gowanus, you are just a few blocks from all of the offerings of Park Slope & Carroll Gardens, and have local treasures such as Four and Twenty Blackbirds, Mighty Quinn's BBQ, Sweet Talk, Table 87, Bison & Bourbon, The Bell House, Halyards, ByClio Bakery, Room 205, and the R, F&G at 4th & 9th Street all within 2 blocks! The newly renovated Ennis Playground is a mere 3 block walk, and Washington Square Park with it's weekly Farmer's Market, Dog Run and JJ Byrne playground is just 4 blocks away. Whole Foods is also an easy 3 blocks away, as is Steve's C Town Grocery Store, CVS, and The Park Slope YMCA, making daily living very convenient!.
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William Raveis Real Estate
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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 | $1,560,000 | $1,560,000 | $1,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $345 | $345 | $345 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,858 | $9,989 | $13,164 |
Total Monthly Payment | $9,328 | $10,459 | $13,634 |
* 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.