More information, images, and a floor plan coming soon.
Viewings of 134 Douglass Street require advance notice and will be conducted by-appointment only. With such incredible potential and guaranteed high-level of interest, interested buyers are encouraged to arrange their viewing well in advance.
134 Douglass Street, between Hoyt and Bond Streets, is a two-family, three-level townhouse offering buyers the spectacular opportunity to create a dream home in a fabulous part of Brownstone Brooklyn. Boerum Hill is a small, but lively neighborhood encircled by Carroll Gardens, Cobble Hill, Downtown Brooklyn, Gowanus, and Park Slope. Few areas can be said to be more centrally located than Boerum Hill, adding to the already incredible upside potential of the property.
Currently, the home is configured as a lower duplex (open to the common hallway), with a rental unit on the top floor. As a legal, two-family home with untapped, buildable square footage (FAR of 2), the future buyer will have a tremendous variety of options for reconfiguration and renovation. Similar homes in the area have been configured as a garden rental with a duplex above, or two duplexes with unique outdoor spaces (with the creation of an additional floor and roof deck above).
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more