Discover your perfect investment at our transit, oriented, multi family development, opportunity! Nestled in a prime location, this exceptional property offers the epitome of convenience with its proximity to train stations, restaurants, and shopping destinations. Step into the future of urban living with this multi family development to be built opportunity that is strategically situated for easy computing and vibrant community experiences. The possibility of street level parking inside the new building provides unmatched accessibility, setting the stage for a new building that rises above a dynamic neighborhood, retail district. This unique arrangement opens up a world of possibilities, presenting a fusion of residential, retail, or office spaces to cater to a diverse range of needs. The contemporary design of the new building to be built, harmonizes perfectly with the surrounding environment, offering a seamless blend of modern aesthetics and urban charm. With access points on two sides, the property insures the upmost privacy and independence for separate tenants enhancing the overall tenant experience. On-site parking adds to the allure and there’s even additional off street parking available making convenience a top priority. This transit oriented gem is strategically position to provide easy access to all of the amenities that modern life demands. Additional Information: HeatingFuel: Oil Above Ground,
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,964 | $4,293 | $5,731 |
Total Monthly Payment | $4,056 | $4,385 | $5,823 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.