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Quintessential two-family Victorian home nestled in the heart of Ditmas Park. Located on lovely East 18th Street, between Cortelyou Road and Beverly Road (closer to the conveniences of Cortelyou). This substantial 3, 343 sq ft home offers incredible potential as a two family with a rental component or combined as a stately single-family home on one of the prettiest tree-lined blocks in Ditmas. It retains some of its stunning original design elements (e. g. , staircase, moldings & trim), but needs some TLC. 1st Floor: Currently configured as a 3 bedroom / 1 bathroom apartment. Each bedroom is sizeable, with large windows, sweet views and plenty of natural light. (Can alternatively be opened up for an elegant, open kitchen, living and dining concept) Also with decorative fireplace, polished hardwood floors with classic marquetry and full-sized, windowed bathroom. Fully equipped galley kitchen off the back with direct access to a quaint back porch and sizable 975 sq foot backyard for entertaining guests, alfresco dinners, playdates, gardening or any number of hobbies one might wish to explore. 1st floor unit has access to the unfinished basement with large load washer / dryer. Potential for finished recreational room and additional bathroom. Duplex Unit (Owners Duplex or Rental) 2nd Floor: 3 spacious bedrooms, one decorative fireplace, one full bathroom, living room & newly renovated, windowed kitchen with tree-top views & loads of sunlight off the back of the house. (Note: Renovated kitchen to be installed by the end of May. ) 3rd Floor: 3+ bedrooms / office on the top floor, which can also accommodate a sizeable bathroom and laundry. Alternatively, the entire floor could be opened up for a large dormer and recreational use. Additional Features: The front of the home is flanked with a full-sized front porch with serene tree-lined views, driveway on the south side leading to a fenced-in two car garage and sizeable rear yard. Situated in Ditmas Park, a neighborhood renowned for its historic Victorian homes and tree-lined streets, 335 East 18th Street benefits from a rich architectural heritage. Ditmas Park is part of Brooklyn's Flatbush area and has been recognized for its unique suburban feel within the urban landscape of New York City. Enjoy a plethora of incredible independent restaurants, cafes, bars and conveniences nearby. A few local favorites: The Sunday morning Farmer’s Market, Flatbush Food Co-op, Kings Theater, Cafe Madeline, Lea, Bad Therapy, Victorian Cafe, Brooklyn Artery, George’s Diner, Sycamore & Highbury Pub to name just a few. And just two blocks to the Q train at Cortelyou (35 minutes to Union Square) and three blocks to the B/Q trains at Church (40 minutes to the West Village). Prospect Park, Downtown Brooklyn, and Coney Island are all easily accessible! Whether you're drawn to its potential as a charming single family or 2-family home, this property invites you to be part of Ditmas Park's historic legacy. Please reach out to our team directly for a viewing.
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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 | $1,440,000 | $1,440,000 | $1,440,000 |
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 | $936 | $936 | $936 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,176 | $9,220 | $12,152 |
Total Monthly Payment | $9,237 | $10,281 | $13,213 |
* 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.