Welcome to 216 Union Street, A truly unique brownstone on the market for the first time in 50 years.
Located in one of the most desirable neighborhoods in Brooklyn on a gorgeous tree-lined block. The building is currently configured as a four family with a unit on each floor. Take advantage of the opportunity to own a Historic piece of Carroll Gardens.
The ground floor unit has been lived in for decades giving any buyer the opportunity to turn it into their dream apartment.
The parlor floor was recently renovated with two true bedrooms, hardwood floors, stunning 12ft ceilings and the original crown moldings along the ceiling that are in immaculate condition and full of charm. The unit also has a washer/dryer and is sun-drenched with lots of natural light.
When entering the third floor unit you will be greeted by the open dining room area followed by a living room that has the original tin ceilings. The large spacious bedroom has a smaller room off the side of it ideal for a walk-in closet or a home office.
The top floor unit offers amazing views of the city skyline from the living room. This unit has also been recently renovated with a layout similar to the third floor unit.
Two out of the four units are in great condition producing a close to market value rental income. Ideal for a condo conversion or can easily be converted into a two family home for any end user looking to reside in the building while still collecting a rental income.
The opportunities are endless of what can be created in this home. The neighborhood offers everything you need and more, just minutes away from a strip of restaurants, coffee shops, boutiques and all major supermarkets such as Union market, Trader Joe's and Whole Foods. Conveniently located off the F/G train at Carroll Street.
Private showings are available upon request.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,200,000
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 | $3,360,000 | $3,360,000 | $3,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.750% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.865% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,342 | $21,793 | $28,581 |
Total Monthly Payment | $19,467 | $21,918 | $28,706 |
* 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.