A Truly Unique Classic.
The world has changed in the last couple of years when it comes to our careers. Work and life being a balancing act is now unsustainable. There's a growingdesire for Work/Life Harmony and 101 Saratoga Avenue quenches it with a total of 4400SF. Spanning across three different addresses, this mixed-use propertyresidential and commercial is an amazing opportunity to imbed your idea of work into your dream life. Four Story. Three Family. Three Garages. One Commercial Space. Limitless Potential.
Here's the breakdown of perfection. 101Saratoga Avenue is a floor-through 1100SF commercial space with an open floorpan, one bathroom, and basement storage. This corner property presents aprime opportunity for any kind of business to thrive. A gorgeous, regal facade, at a prime location, with a chic 11' ceiling interior is giving winning energy.
651 Decatur Street has three beautiful apartments. Each unit has an abundance ofnatural light with three exposures: East, West, and South. Hardwood floors, bay windows, amazing kitchens and baths deliver dreamy urban vibes. Unit 1 is a 1100SF, 2-BED, 1-BATH, with an 900SF outdoor terrace. Unit 2 is an equally beautiful 1100SF, 2-BED, 1-BATH residence. Unit 3 takes it up a notch as a 1100SF, 1-BED, 1-BATH, with a wood burning fireplace. And while the commercial space has access to the basement, it could be reserved for the residential tenants as storage or laundry. The property can be delivered vacant, so you'll be able to reconfigure it as a condo or rental, and/or use it as you please shortly after closing.
653 Decatur Street has three garages. Yes, three parking spaces in Brooklyn, NY at a time when street parking can be challenging. So, you'll have the opportunity to keep them all for yourself, or rent them to your tenants and/or neighbors. This icing on the cake.
The location is the cherry on top. This dynamic property sits in the Ocean Hill section of Bedford Stuyvesant. This is a special residential area because of its own unique amenities and the ones it shares with the greater Bedford Stuyvesant, Stuyvesant Heights, and Bushwick. Amazing transportation options,
nationally celebrated restaurants, chics shops and more makes this an amazing neighborhood to come home to. If you've been looking for something different, something that will shine for years to come, it's here. Find Your Sweet Spot.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,795,000
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 | $2,236,000 | $2,236,000 | $2,236,000 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,049 | $14,133 | $18,869 |
Total Monthly Payment | $13,174 | $14,258 | $18,994 |
* 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.