Welcome to 258 East 23rd Street, a delightful fixer-upper 2-family townhouse that makes for an excellent starter home or investment property. Located on a serene tree-lined street in the rapidly emerging Flatbush neighborhood, this attached two-family with a 20ft x 53ft built size on a 100ft lot is configured as a 4 bed, 1 bath over a 3 bed 1 bath over a finished basement. Annual taxes are approx. $6, 102. Property to be delivered vacant at closing.
258 East 23rd Street is at the intersection of Flatbush, Ditmas Park, and East Flatbush and benefits from each neighborhood’s unique amenities. Exciting cultural venues, a myriad of restaurants & shops, green parks & transportation hubs are all nearby. A few short blocks away you’ll find Flatbush Avenue, which offers major shopping and dining options, and the 2 and 5 trains at Beverley Rd and multiple buses. The commute to Downtown Brooklyn [Atlantic Terminal/ Barclays Arena] and Manhattan averages between 15 and 25 minutes. If you want a home that has all of the offerings of a suburban abode, but don’t want to trade urban flair you love, it’s here. Welcome Home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,066 | $5,490 | $7,367 |
Total Monthly Payment | $5,191 | $5,615 | $7,492 |
* 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.