Introducing this beautiful brownstone recently updated. Located at 153 Jefferson Avenue, in the neighborhood of Bedford Stuyvesant. It is close to the A train, C
train and the Franklin Avenue shuttle as well as the B25 and B26 buses. The neighborhood includes
shopping as well as a variety of restaurants. Whether you need a quick coffee at the Bodega,
Walgreens, this area has you covered.
Built in 2006, this property does not require a full restoration, the potential of this brownstone brings to a potential investor/buyer which is amazing.
press to find another home in this area with this amount of potential. You have excellent bones to
work with and the bonus is that the property is not built at complete FAR. If you are that savvy
developer, you will maximize the lot of this property to build out an additional approximately 1, 820
square feet that the FAR allows, do a condo conversion.
In addition to the 1, 820 square foot build out,
you also have a finished cellar level, which is means that this is actually an almost 6, 100 development.
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $3,960,000 | $3,960,000 | $3,960,000 |
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 | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,484 | $24,705 | $33,150 |
Total Monthly Payment | $22,609 | $24,830 | $33,275 |
* 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.