Here's an incredible opportunity to own a mixed-use 20 foot-wide turn-key income-generating 2-family brick townhouse with 1 retail/commercial store on one of the best streets and locations in Clinton Hill with additional unused FAR.
The building is comprised of 2 gut renovated and modern floor-thru apartments (with washer and dryer units installed) each featuring spacious and flexible 2-bedroom layouts.
The ground floor is a fully built-out commercial retail space with high ceilings that includes a cellar for storage and access to the backyard. It is currently rented to a popular neighborhood cafe. The building has incredibly low taxes at.
The lot size is 19.67'x 98.67' with additional FAR.
Please inquire for more details.
578 Myrtle Avenue, Brooklyn, (Clinton Hill), NY, 11205
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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