611 Rogers Avenue, Brooklyn (Prospect Leffert Gdn), NY, 11225 | $1,600,000

This is a call to Investors, Developers & End-Users to own a slice of the vibrant Prospect Lefferts Gardens (PLG). This 5 family townhouse boasts 3 stories and 6, 000 sq. ft. of residential, in the vibrant & historic PLG. Each of the 5 units are spacious and offers the residents comfort and large bedrooms. The ground unit is 2, 000 sq. ft. and sits opposite a robust backyard. The other units are four spacious one-bedroom apartments.

PLG has added many diverse and robust goods and services to strengthen its appeal. Prospect Park has everything for someone with its lake, ice skating, running loop, and abundance of nature providing an extraordinary appeal for all residents. Whether you're an experienced investor or a first-time buyer, this property offers excellent income potential in a highly desirable rental market.

This is an irresistible opportunity to own a solid investment vehicle or for an investor; or end-user to occupy while enjoying rental income. Potential annual rental income with a NOI of $83, 000+. The basement offers storage or the opportunity to have it finished.

Convenient location for the Q, B, 2 & 5 subway. I invite you to view it 'Today'

Features

  • Town: Brooklyn
  • Rooms: 16
  • Laundry: InUnit
  • Year Built: 1931
  • Cooling: Unknown Type
  • Building Access : Walk-up
  • Service Level: None
  • Built Size: 27'x70'
  • OLR#: RPLU33423187502
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/RPLU33423187502/611rogersavenue_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 Corcoran Group

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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

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611 Rogers Avenue, Brooklyn (Prospect Leffert Gdn), NY, 11225

$1,600,000

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 $1,280,000 $1,280,000 $1,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.040% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,268 $7,881 $10,629
Total Monthly Payment $7,393 $8,006 $10,754

* 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.