|19 Reeve Place ~ Windsor Terrace||
|Proximity: Park/Trains/Shopping & More|
Built in 1899, this beautiful, sundrenched, 20 ft. wide x 42 ft. deep, expansive, 3 family, 2 story, 5 bedroom, 3 full bathroom, fully detached Limestone presents a commanding stature and curb appeal on a 25 ft. x 104 ft. lot.
Offering a spacious owner's three-bedroom, plus finished English basement duplex and sprawling rear deck and grounds, plus two one-bedroom apartments bringing $4,400 in monthly rental income.
Boasting so much original ornate detail throughout and the bay windows and cornice and overall architectural integrity of this lovely Limestone are not to be missed.
Situated on one of the most highly sought after, premier, quiet, tree-lined blocks in prime Windsor Terrace, just one block to Prospect Park and a plethora of restaurants bars, bistros, and cafes to choose from.
Just a half a block from the F and G trains and multiple bus lines and 25 minutes to NYC or 10 minutes by car, off rush hour, and the same in the opposite direction to the famous Coney Island Beach and Boardwalk in the other direction.
With 20% down, which is approximately $399,000, and offering a rental which will easily command $4,400 monthly, at a 3 5/8% interest rate, that means it is $456 per hundred thousand that you are borrowing, and you may do better. The $4,400 rental offsets approximately $964,912 of the mortgage, and your mortgage would be approximately $2,878 monthly and with your tax write off at the end of the year you will recoup a relatively significant amount of that monthly mortgage payment.
View The Floor Plan
Barbara Puccia - Real Estate Broker | Barbara Puccia Realty | 718.755.1609