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Welcome to this beautifully renovated brownstone located in the vibrant Clinton Hill area of Brooklyn —a neighborhood that effortlessly combines historic charm with urban accessibility. This home has been thoughtfully updated throughout, featuring hardwood floors, updated kitchens, and sleek modern bathrooms, perfectly balances timeless elegance with contemporary finishes. Currently this property is a legal two family, but undergoing conversion into a four-unit building, providing flexible use for an investor or owner-occupant seeking additional rental income. With strong rent potential and a desirable layout, this home is positioned to deliver long-term value. Clinton Hill offers a unique mix of historic architecture, community feel, and modern conveniences. Located near local Parks, popular cafes, boutique shops, and acclaimed dining, everything you need is within reach. Multiple subway lines, including the C and G trains, provide quick and easy access throughout Brooklyn and into Manhattan. Don't miss this rare opportunity to own a versatile and income-generating brownstone in this dynamic neighborhood. Whether you're looking to invest, live, or do both—this property delivers. Schedule your private showing today and see firsthand the potential and lifestyle that await you in Clinton Hill. MORE PHOTOS COMMING SOON
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,500,000
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 | $4,400,000 | $4,400,000 | $4,400,000 |
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% | 6.751% | 6.309% |
Monthly Tax Payment | $363 | $363 | $363 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,329 | $28,174 | $37,428 |
Total Monthly Payment | $25,817 | $28,662 | $37,916 |
* 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.