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43 East 32nd Street, Brooklyn (Flatbush), NY, 11226 | $815,000
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Discover the potential of this well-maintained two-family home (2 bed 1 bath over 2 bed 1 bath) located at 43 East 32nd Street in the heart of Flatbush, Brooklyn. Ideal for investors or homeowners seeking rental income, this property offers a blend of convenience and opportunity. The home features two distinct units, each offering comfortable living spaces and modern amenities. The lower level unit has been thoughtfully updated with new kitchen cabinets and appliances installed between 2016 and 2017, ensuring a contemporary feel for its occupants. Meanwhile, the upper level boasts updated appliances, providing convenience and functionality. Key updates include a new hot water boiler installed in 2024, ensuring efficient heating throughout the home. Plumbing updates were completed in 2017, enhancing reliability and functionality. The roof was redone in 2018, offering peace of mind with recent structural improvements.
Additionally, the backyard concrete and drain were updated in 2017, adding practical value and ease of maintenance. This property has a proven rental history, having been rented for the past 8 years, making it an attractive investment opportunity. While it may benefit from some additional cosmetic updates, it remains turnkey and ready for occupancy or continued rental income.
Situated in Flatbush, one of Brooklyn's most vibrant neighborhoods, residents enjoy easy access to local amenities, shops, restaurants, and public transportation options. Whether you're looking to invest in a rental property or settle into a multifamily home in a sought-after location, 43 East 32nd Street offers versatility and potential.
Key Features:
- Two family unit
- Kitchen updates in 2016 and 2017
- Updated plumbing in 2017
- Backyard concrete and drain updated in 2017
- New hot water boiler installed in 2024
- 8 year proven rental history
Features
- Town: Brooklyn
- Rooms: 10
- Laundry: InUnit
- Year Built: 1910
- Cooling: Unknown Type
- Building Access : Walk-up
- Service Level: None
- Built Size: 17'x37'
- OLR#: RPLU1032523094873
- Days on Market: 166 days
- Website: https://www.raveis.com
/prop/RPLU1032523094873/43east32ndstreet_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.Listing courtesy of Serhant LLC
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@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
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
43 East 32nd Street, Brooklyn (Flatbush), NY, 11226
$815,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $652,000 | $652,000 | $652,000 |
| 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 | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,805 | $4,121 | $5,502 |
| Total Monthly Payment | $3,897 | $4,213 | $5,594 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535