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1606 Eighth Avenue
Townhouse in Park Slope •  building info
5bd • 3ba • 2,988ft² $795 per ft²
Sold price

$2,375,000

Key Details
Days on market
132
Last price change
loading...
Estimated payment
$14,461
Taxes
$597
Monthly maintenance
N/A
Description
Welcome to your next venture nestled in the heart of Park Slope! This property will be delivered fully vacant, presenting the next owner with a blank canvas to fully renovate according to their tastes. From its current setup as a legal three-family dwelling, to the potential for a spacious single-family conversion, this house offers an array of possibilities. Here's what you need to know: Property Highlights: - Built 20 x 45, across 3 floors plus a full basement with direct street access, on a 20 x 98 lot. - Versatile layout with ceiling heights across all 3 floors ranging from 94 - 99. - Solid brick construction ensures durability and timeless appeal. - New roof installed in 2020, providing peace of mind. - Ample sunlight exposure from both east and west directions, perfect for enjoying direct afternoon sunsets and maintaining a bright, airy atmosphere throughout the day. Location: - Situated high on the hills of Park Slope, enjoy its central location and tranquil ambiance. - Convenient access to transportation with the 7th Avenue, F, and G subway lines just 0.3 miles away, ensuring easy commutes and connectivity. - Close proximity to Prospect Park West and only a block away from the Park Slope Armory YMCA, offering recreation and fitness options right at your doorstep. - Within School District #15, providing excellent educational opportunities for families. - Zoned R5B, and located outside of the Park Slope Historical District. Potential: - With an architect's evaluation and creative input, explore the possibilities of converting this property into a spacious single-family residence tailored to your preferences. - Alternatively, capitalize on the existing layout and maintain it as a three-family investment property, maximizing rental income potential in a highly desirable location. Don't miss out on this exceptional opportunity to invest in one of Brooklyn's most coveted neighborhoods. Contact us today to schedule a viewing and unlock the potential of this remarkable property!

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Important Stuff
Pets allowed
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Building Amenities
Fios Available
Outdoor Space
Garden
Courtyard
Building info

History
What it'll cost
Purchase price
$2,375,000
Asking Price: $2,375,000
Term
30 Years
Down Payment
$237,000 (10%)
Min: 10% (237,000)
Rate
6.75 %
Mortgage Amount
$2,137,500
Mortgage Payment
$13,864
Taxes
$597
Estimated closing cost
$87,000
Total monthly cost $14,461
Listing Courtesy of Compass

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