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A beautifully proportioned, 20-foot-wide three-story townhouse offers a timeless blend of original detail and potential. Located in Bedford-Stuyvesant, and close enough to Bushwick to enjoy the best of both neighborhoods, the bright, high-ceilinged home retains many classic townhouse features. Five ornamental mantels, original crown molding, and timeless wainscoting add warmth and charm to this circa 1899 residence. Currently configured as a legal two-family, the layout includes a five-room rental on the top floor and an owner's duplex plus cellar below, with access to both front and rear south-facing garden. The home will be delivered vacant, allowing for a seamless conversion to a spacious single-family if desired. The entire property is accessible from the parlor-floor entry, offering flexibility in how the space is used. An open garden level is both versatile and inviting, with direct access to a private backyard, perfect for creating your complete indoor-outdoor retreat. Surrounded by parks, playgrounds, and community gardens, as well as many shopping and dining options, 699 Decatur is an ideal location. Nearby to transportation, terrific for anyone looking to enjoy both tranquility and convenience in one of Brooklyn’s most vibrant neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
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% | 6.739% | 6.183% |
Monthly Tax Payment | $292 | $292 | $292 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,678 | $6,403 | $8,439 |
Total Monthly Payment | $6,095 | $6,820 | $8,856 |
* 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.