Brooklyn (Stuyvesant Heights), NY, 11233 | $1,550,000
Nestled on a picturesque tree-lined street in Bedford-Stuyvesant, 397 Bainbridge St. stands as a testament to classic Brooklyn brownstone living. This two family townhouse offers the perfect blend of historic charm and modern comfort, with just a bit of remodel and care, it presents an excellent opportunity for both homeownership and investment.
The property features a spacious owner's duplex spanning the first two floors, comprising three bedrooms and one and a half bathrooms. Above, a well-appointed two-bedroom, one-bathroom rental unit occupies the third floor, providing attractive rental income potential. Throughout the home, original details like exposed brick walls and hardwood floors harmonize with contemporary additions including recessed lighting, creating an atmosphere that's both sophisticated and welcoming.
Enjoy the owner's backyard, perfect for morning coffee, evening entertainment, or cultivating your dream garden.
The vibrant Bed-Stuy location puts you at the heart of one of Brooklyn's most culturally rich neighborhoods. Just steps from your door, you'll discover the beloved Herbert Von King Park, the historic Billie Holiday Theatre, and local favorites like Peaches HotHouse. The Hattie Carthan Community Garden nearby offers a green retreat and speaks to the strong sense of community that defines this historic district.
397 Bainbridge Street represents a rare opportunity to own a piece of Brooklyn's architectural heritage while benefiting from rental income potential. This turnkey property awaits its next steward to continue its legacy of distinguished Brooklyn living.
DELIVERED VACANT. Contact us today to schedule your private showing of this exceptional home.
Features
- Town: Brooklyn
- Levels: 2
- Rooms: 8
- Bedrooms: 5
- Baths: 2 full / 1 half
- Lot Size: 100.00x17.75
- Laundry: In Unit
- Year Built: 1899
- Approx Sq. Feet: 3,005
- Est. Taxes: $4,920
- View: Other
- Pet Policy: Building Yes,No
- Appliances: Washer Dryer Allowed
- MLS#: RLS11032990
- Days on Market: 71 days
- Website: https://www.raveis.com
/prop/RLS11032990/397bainbridgestreet_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 Serhant Phone: 646-480-7665
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Brooklyn (Stuyvesant Heights), NY, 11233
$1,550,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
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 | $1,240,000 | $1,240,000 | $1,240,000 |
| 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 | $410 | $410 | $410 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,041 | $7,940 | $10,464 |
| Total Monthly Payment | $7,576 | $8,475 | $10,999 |
* 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