Brick 4 story mixed use building in the heart of Williamsburg that was Constructed in 2005. Featuring 6 open layout apartments approx. 800 s/f each. 2nd Fl rear apt has a private balcony. The 1st floor consists of a restaurant which is approx. 1650 s/f + a 1650 s/f basement and 2 separate bathroom facilities. The restaurant can be delivered VOT. There is a tax abatement with approximately 10 years remaining. Additional air rights and all units have separate heat & hot water. Great location, only 2 blocks to subway and near everything this vibrant neighborhood has to offer. See Set up for income and expenses. Monthly rents: Restaurant:$6,500- 2F:$1,883-2R:$2,260-3F:$2,266-3R-$2,271-4F:$1,920-4R:$1,978
739 Grand Street, Brooklyn, (Williamsburg), NY, 11211
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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