Located in the heart of Brooklyn Heights, 70 Middagh Street is a trophy investment property consisting of 10 pristine rental units. The building underwent a complete gut renovation in 2021, featuring new mechanical systems, redesigned common areas, new windows and doors, and luxurious apartment finishes.
Each floor houses two units, with each unit offering two bedrooms, one bathroom, and an in-unit washer/dryer. The first floor includes a spacious duplex unit. All apartments have been meticulously renovated with high-end finishes, including Italian-made cabinetry, oak flooring, and Carrara marble-inspired bathrooms. Kitchens are equipped with full-size stainless-steel appliances, including a dishwasher.
70 Middagh Street presents a rare opportunity to own a top-tier cash-flowing asset in prime Brooklyn Heights.
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70 Middagh Street, Brooklyn, (Brooklyn Heights), NY, 11201
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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