Solid Investment opportunity in Brooklyn. Great way to gain a footprint in the market in this very well maintained 24 unit, 4 story walk up, 100% occupied and rent stabilized. Consisting of 1 bedroom units, offering two distinctive styles. Pristine hallways and common areas. All doors replaced and upgraded. Dual heating and fully operational on gas. Set up and DHCR available for review.
Heating:
Natural Gas, Radiant
Utilities
Trash Collection Public
Lot Description:
Stone/Brick Wall
Elementary School:
Brooklyn Arts And Science Elementary
Middle School:
Acad For College Prep And Career Exp
High School:
Acad For College Prep And Career Exp
School District:
Community District 17
Appliances:
Gas Water Heater, Refrigerator
3520 Newkirk Avenue, New York, (Brooklyn), NY, 11203
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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