301 23rd Street, Brooklyn (South Slope), NY, 11215 | $3,400,000
This is an incredible opportunity to own a 6-unit multifamily property in the sought-after neighborhood of Greenwood Heights! Situated on 23rd Street, this fully rented building offers the perfect combination of low expenses and strong rental income, making it ideal for savvy investors. For end users, the option to live in the spacious owner's duplex while generating income from the other five units presents an unbeatable chance to enjoy the best of both worlds-comfortable living with financial benefits.
Property Highlights:
- 6 Units - All fully rented, providing consistent cash flow.
- Owner's Duplex - Live in comfort while tenants cover your expenses.
- Low Expenses - A financially smart investment with minimal overhead.
- High Income - Turnkey income-producing asset, ready for long-term growth.
About Greenwood Heights:
Greenwood Heights is one of Brooklyn's hidden gems, known for its charming tree-lined streets and vibrant history. Nestled between Park Slope and Sunset Park, this neighborhood offers residents both peace and proximity to some of the best dining, parks, and culture Brooklyn has to offer. At the heart of Greenwood Heights is the iconic Green-Wood Cemetery, a National Historic Landmark, where rolling hills, stunning architecture, and sweeping views of Manhattan create a truly unique environment.
With easy access to public transportation and a growing community of creatives, professionals, and families, Greenwood Heights is perfect for those seeking a blend of city convenience and neighborhood charm. The area's rapid appreciation makes this property an excellent long-term investment.
Don't miss out on this rare chance to own a prime piece of Brooklyn real estate in a neighborhood that offers both charm and potential for growth!
Features
- Town: Brooklyn
- Levels: 3
- Cooling: Unknown Type
- Zoning: R6B
- Laundry: InUnit
- Year Built: 1931
- Pet Policy: Pets Allowed
- Building Access : Walk-up
- Service Level: None
- Built Size: 26'x50'
- OLR#: RPLU1559923231249
- Days on Market: 11 days
- Website: https://www.raveis.com
/prop/RPLU1559923231249/30123rdstreet_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 74 West Real Estate
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888.699.8876
Contact@raveis.com
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
301 23rd Street, Brooklyn (South Slope), NY, 11215
$3,400,000
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 | $2,720,000 | $2,720,000 | $2,720,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,873 | $17,416 | $23,137 |
| Total Monthly Payment | $15,998 | $17,541 | $23,262 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535