Welcome to 17 3rd Street, a rare opportunity in the heart of charming Carroll Gardens, Brooklyn. This 20' x 38' townhouse offers incredible potential for those ready to take on a full-scale renovation. The property requires a complete gut renovation and is not eligible for traditional financing. However, construction loans are an option-and we've already lined up trusted lenders who specialize in this very product to help streamline the process for serious buyers. We strongly recommend bringing an architect to your showing to fully appreciate the possibilities.
GUT RENO REQUIRED. YES, FOR REAL, ONLY COME IF YOU ARE PREPARED FOR THAT SCALE OF PROJECT.
Inside, you'll find two original marble fireplaces in remarkably good condition-timeless details that can be thoughtfully incorporated into your future design. The property can also be sold with plans for a single-family residence, giving you a valuable head start in turning this shell into your dream home.
Located just a quarter mile from some of Brooklyn's best local gems, you'll enjoy easy access to the Carroll Street and Smith-Ninth Street subway stations, making commuting a breeze. Neighborhood favorites like Lucali, Buttermilk Channel, Frankie's 457, and Court Street Grocers are just around the corner, alongside boutique shops and cozy caf s. With a location that blends community charm and city convenience, 17 3rd Street is a true diamond in the rough-waiting for the right vision to bring it to life.
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:
Our Insurance Division:
$3,650,000
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 | $2,920,000 | $2,920,000 | $2,920,000 |
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% | 6.754% | 6.309% |
Monthly Tax Payment | $461 | $461 | $461 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,809 | $18,697 | $24,838 |
Total Monthly Payment | $17,395 | $19,283 | $25,424 |
* 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.