Experience luxury and expansive living at this stunning, solid-brick, 3-family residence on Eastern Parkway. With a generously sized 3, 795 lot, whether you're searching for your ideal home or a savvy investment, this property offers low operating expenses and strong rental income potential. It is a perfect choice for both homeowners and investors alike. This entire property has been renovated with precision and style, featuring high-end finishes, stainless steel appliances which include brand-new designer kitchens and bathrooms with neutral tone palettes. Throughout each floor, you will find wide plank oak hardwood floors adding warmth, in addition to the natural lighting beaming in from its bay windows and skylights. The exceptionally high ceilings enhance each unit to exude an expansive feel. The property features a thoughtfully designed layout consisting of 4 stories with the cellar. As you enter the garden level, a flexible 3+ bedroom, 3-bathroom duplex connects to a finished basement with its exceptional high ceilings, adding extra living space and direct access to a massive private backyard. Heading up to the second story, it offers a comfortable 3-bedroom, 2-bathroom unit, open floorplan kitchen/dining combo with a kitchen island. Moving along to the 3rd story, you enter into another open layout where the kitchen and living and dining space fuse. It consists of spacious 4-bedroom, 3-bathroom full-floor unit. Each unit has a washer dryer and also has separate hot water heaters for each unit's convenience, an upgraded HVAC system, and a brand-new main sewer line. A shared driveway at the rear of the property ensures ample parking for residents which is a great plus. The highly desirable Crown Heights neighborhood along the historic Grand Eastern Parkway, this residence is just blocks from the 3/4 subway lines, providing easy access to local businesses, Prospect Park, and a quick commute to Manhattan, not to mention the fantastic property taxes which fall under $3, 000 annually!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,295,000
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 | $1,836,000 | $1,836,000 | $1,836,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,861 | $11,756 | $15,617 |
Total Monthly Payment | $10,986 | $11,881 | $15,742 |
* 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.