This newly renovated multi-family home in the heart of Brownsville, Brooklyn, is the perfect blend of modern upgrades and investment potential! Whether you're looking to live in one unit and rent the other or seeking a prime investment opportunity, this property has everything you need. With a spacious layout, the home features 4 bedrooms and 2 bathrooms on each floor, along with eat-in kitchens and plenty of natural light. The primary bedroom includes a walk-in closet, providing ample storage. The property also boasts a shared driveway and private garage, offering convenient parking-a rare find in the city! Additionally, the unfinished basement offers endless potential for customization, whether you're looking to add extra living space or create a recreational area. The home can be delivered with or without tenants, giving you flexibility whether you're an investor or planning to move in. With all the recent updates, you can enjoy the benefits of a move-in-ready property in a growing neighborhood. Don't miss out on this fantastic opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,000
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 | $959,200 | $959,200 | $959,200 |
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 | 6.748% | 6.474% | 6.036% |
Monthly Tax Payment | $204 | $204 | $204 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,446 | $5,984 | $8,030 |
Total Monthly Payment | $5,775 | $6,313 | $8,359 |
* 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.