We are pleased to present this exclusive property, 3524 Avenue M, which is a UNIQUE One-Of-A-Kind home. This all brick 18' X 52' (building dimensions) single family, semi-attached, corner property is located in the neighborhood of Marine Park. The NYC square footage is listed as 3, 3039 sq/ft, which is unusually large for a single-family property. This beautiful home is laid out as a duplex and offers an open layout on the first floor. The property is spacious, bright and an ideal for entertaining guests or spending time with family. There is a large living room, dining room, and a customizable eat-in kitchen. Going upstairs, the second floor is perfect for a big family as there are 3 large bedrooms with ample closet space and natural light. This home needs upgrading and TLC to reach its full potential, but allows you the perfect space to imagine your dream home with a blank canvas to work with. Hardwood floors throughout and high ceilings with lots of windows, which provides a sense of spaciousness. In addition, there is a windowed basement with a large family room, and an additional guest room with a full bath. The basement can be used as a separate living space and has a private entrance with a 2-Car Garage, located adjacent to the property, which is conveniently close to shopping, transportation and houses of worship. Don't miss out on this amazing opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$949,000
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 | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.748% | 6.474% | 6.036% |
Monthly Tax Payment | $641 | $641 | $641 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,311 | $4,736 | $6,355 |
Total Monthly Payment | $5,044 | $5,469 | $7,088 |
* 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.