739 Grand Street, Brooklyn (Williamsburg), NY, 11211 | $3,999,000

Brick 4 story mixed use building in the heart of Williamsburg. Constructed in 2005 and featuring 6 open layout apartments approx. 800 s/f each. The 2nd fl rear apt. has a private balcony. The 1st fl. consists of a restaurant which is 1650 s/f + a 1650 s/f full basement with 2 separate bathroom facilities And can be delivered VOT. There is a tax abatement with approx. 10 years until expiration. Additional Air rights available for expansion. Great Location, only 2 blocks to subway and near everything this vibrant neighborhood has to offer. See set up for income, expense and rental info.





Features

  • Town: Brooklyn
  • Heating: None
  • Cooling: None
  • Levels: 4
  • Rooms: 2
  • Baths: 6 full
  • Laundry: Building None,None
  • Year Built: 1900
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Pet Policy: Building No,No
  • MLS#: RLMX-97565
  • Days on Market: 192 days
  • Website: https://www.raveis.com
    /prop/RLMX-97565/739grandstreet_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

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NMLS Mortgage Loan Originator ID 38342

978.314.1072

Joanne.OKeefe@raveis.com

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739 Grand Street, Brooklyn (Williamsburg), NY, 11211

$3,999,000

Ellen Crawford

Luxury Properties Specialist

William Raveis Real Estate

Phone: 617.599.8090

Ellen.Crawford@raveis.com

Joanne O'Keefe

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 978.314.1072

Joanne.OKeefe@raveis.com

NMLS Mortgage Loan Originator ID 38342

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,199,200 $3,199,200 $3,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,915 $19,439 $26,353
Total Monthly Payment $18,040 $19,564 $26,478

* 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.