471 Shepherd Avenue, Brooklyn, NY, 11208 | $1,200,000

This semi-detached, two-family dwelling located in East New York, Brooklyn, offers numerous features that make it an attractive property. Property Features 1st Floor UnitBedrooms 2 Bathrooms 1 full bath Living Space Includes a living room and a dining room Laundry*: Washer and dryer in unit 2nd Floor Duplex Bedrooms 3 Additional Features Walk-in closet, oversized windows Renovation Newly renovated Laundry Washer and dryer in unit Entrance*: Both front and back entrances Unique Feature Spiral staircase leading to the upstairs apartment Building Specifications Size Approximately 2800 square feet Stories3 Lot Size*: 29 x 87 feet (irregular shape) Taxes: Approximately $7, 000 annually Outdoor Space Driveway , First driveway located in the front and a two-car driveway in the back Yard Includes a front yard, side yard, and backyard Additional Information This property offers a combination of spacious living areas, modern amenities, and multiple outdoor spaces, making it ideal for families or as an investment opportunity. The dual entrances and separate driveways provide convenience and privacy for both units. The recent renovations in the duplex unit enhance its appeal, and the irregular lot size adds unique character to the property. The combination of historical charm and modern updates makes this a desirable residence in the East New York neighborhood of Brooklyn.

Features

  • Rooms: 12
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Units: 2
  • Style: Other
  • Year Built: 2000
  • Heating: Natural Gas, Other, Baseboard, Hot Water, See Remarks
  • Cooling: ENERGY STAR Qualified Equipment, None
  • Basement: See Remarks
  • Approx Sq. Feet: 2,600
  • Acreage: 0.06
  • Est. Taxes: $7,035
  • Lot Desc: Corner Lot
  • Middle School: Is 211 John Wilson
  • High School: Acad For Conservation & Environment
  • School District: Community District 18
  • MLS#: 3559950
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /eprop/3559950/471shepherdavenue_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of EXIT REALTY FIRST CHOICE   Phone: 718-380-2500

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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471 Shepherd Avenue, Brooklyn, NY, 11208

$1,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.335% 6.612% 6.433%
Monthly Tax Payment $586 $586 $586
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,679 $6,068 $8,231
Total Monthly Payment $6,390 $6,779 $8,942

* 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.