It is rare opportunity to own legal 4 family house located in the "Best Location" in Boerum hill, Situated on a picturesque tree-lined street, this townhome half block from most coveted smith & Courts street, one block from train station and Major transits. This is an exquisite, remarkable building size 22 ft x 43 ft with total living space 3, 936 ft. Building gut renovated since 2010 to present , from bottom to top, New facade , New brick back wall with newly painted fire escape ladder, Metal staircase, Hardwood floor throughout, New electric wiring, New electric Panel, New 4 separate boilers & hot water tanks, Reinforced foundation. Garden duplex unite featuring 2 bedrooms, I full bathroom, and access to beautiful garden, plus large full finished basement with 8 feet high ceiling perfect for entrainment, gym, studio. . . Second unit featuring 2 large bedrooms could accommodate king-size beds and furniture set, I full bathroom with cozy living room, huge parlor window overlook landscaped garden. The third and fourth floor apartment both are designed into 3 bedrooms, 1 full bathroom, and LR/DR Rental unit filled with nature light. Excellent location close to Restaurants, bars, shops, club, and subway right on corner, convenient to all, this property offers the opportunity to live with great income, own a prime investment property or convert the building into a single home in the heart of Boerum Hill. Don't miss out, must see it !!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,490,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $4,392,000 | $4,392,000 | $4,392,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $1,302 | $1,302 | $1,302 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,631 | $28,122 | $37,359 |
Total Monthly Payment | $27,058 | $29,549 | $38,786 |
* 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.