Buy with Yoreevo
$982,499
List Price: $999,999
Share Listing
Save Listing
1274 Herkimer Street
Townhouse in Ocean Hill •  building info
5bd • 3ba • 2,150ft² $465 per ft²
Buy with Yoreevo

$982,499

List Price

$999,999

Key Details
Days on market
21
Last price change
loading...
Estimated payment
$5,618/mo
Taxes
Maintenance
N/A
Description
Key Details: - Two-family brick townhouse - 5 bedrooms 3 full bathrooms - 2,150 SF interior - Solid structure with well-maintained mechanicals and bones - Delivered in clean, livable condition with opportunity to update - Five decorative fireplaces throughout - Unfinished but clean basement with flexible use potential - On the same block as the Rockaway Ave - C train - Strong income potential with projected rents exceeding $4,000+ Flexible layout-maintain as a two-family or explore conversion to 4 units (consult architect) Located in the rapidly evolving Ocean Hill section of Brooklyn, 1274 Herkimer Street presents a rare opportunity to acquire a classic brick townhouse with scale, character, and long-term upside. Spanning approximately 2,150 square feet, this two-family property is currently configured with five bedrooms and three full bathrooms, offering a versatile layout suited for both end-users and investors. The home has been well maintained over the years and offers solid bones throughout, making it an ideal candidate for a thoughtful cosmetic renovation. Period charm is evident with five decorative fireplaces that anchor multiple living spaces, adding warmth and architectural interest. Generous room proportions allow for king-sized bedrooms and flexible living arrangements across both units. The basement is clean and expansive, currently unfinished but primed for conversion into a home office, recreation space, or additional storage depending on your needs. Above grade, the layout lends itself to multiple strategies-continue operating as a two-family with strong rental income, or explore reconfiguration into a higher-yield multi-unit investment (subject to approvals). Positioned literally on the corner of Rockaway Avenue, the C train provides direct and efficient access into Manhattan, making commuting seamless. Flanked by Bed Stuy, the surrounding neighborhood continues to see steady growth, with increasing demand from renters and buyers alike drawn to its accessibility through Broadway Junction and value relative to neighboring areas. Whether you're looking to create a custom residence with income, capitalize on rental upside, or reposition the asset entirely, 1274 Herkimer Street offers the foundation to execute your vision.

Hide full description

Important Stuff
Washer/Dryer in unit
Building amenities
Shared outdoor space
Courtyard
Building info

History
What it'll cost
Purchase price
$999,000
Asking Price: $999,999
Term
30 Years
Down Payment
$99,000 (10%)
Min: 10% (99,000)
Rate
6.0 %
Mortgage Amount
$899,999
Mortgage Payment
$5,396
Taxes
$222
Estimated Yoreevo rebate
$17,500
Estimated closing cost
$28,000
Total monthly cost $5,618
Buy your dream home with us and get an estimated $17,500 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Brown Harris Stevens Brooklyn

IDX information is provided exclusively for consumers' personal, noncommercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 REBNY listing service, Inc all rights reserved.

RLS IDX Data display by Yoreevo.