Welcome to an incredible double lot property at 1530 and 1532 E 22nd Street with a legal two-family house in the heart of highly coveted Midwood, Brooklyn. 1532 E 22nd is a 20 x 100 lot ideal for a buyer who wants to build a brand-new house. Adjacent to 1532 is 1530 E 22nd Street, it is a 40 x 100 lot with a spacious 25 x 36 Ft house with one bedroom on the first floor and four bedrooms on the second floor with two terraces. Both lots combined offer 60 x 100 lot boasting a truly generous footprint, ideal for a buyer wanting to build an enormous residence. Some features of this house include split units, baseboard heating, an en-suite bathroom in the primary bedroom and three additional 3/4 baths. The house has one large eat-in kitchen on the first floor, an additional office space to the side and a second kitchen in the basement. As you enter the front door, you immediately notice a nice size living and dining room combination on the left, a beautiful hardwood staircase and floors and a hallway leading into the kitchen. Please note that the bedroom on the first floor is convertible to a formal dining room. The basement of this home is generously sized and is currently being used as an office, but could easily be converted into a recreation room. A spacious backyard with two adjacent parking garages provides ample room for multiple vehicles and a private driveway which is surrounded by an iron front gate and a privacy fence throughout the property. This exceptional property offers an expansive layout and abundant space both inside and out, rarely found in Midwood. Current owners have ensured that property of this magnitude is secured and have installed a state-of-the-art security system with cameras and intercoms through-out the property. This property is near all the amenities, such as shopping, transportation and various education options, including prominent high schools and prestigious Yeshivas. Interesting facts about Midwood include that the Dutch founded the township of Midwood in 1652. In 1898, the borough and the township became part of New York City. Midwood High School offers special medical science and humanities programs to about 500 students. Allen Stewart Konigsberg, better known as Woody Allen is among its graduates. It is third in the nation, after Stuyvesant and Bronx Science High School. East Midwood is on the list of the wealthiest neighborhoods in Brooklyn and stands out for its mix of architectural styles, creating a rich and eclectic atmosphere. See this magnificent property and continue the legacy of this incredible neighborhood.
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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 | $2,079,200 | $2,079,200 | $2,079,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,969 | $13,142 | $17,545 |
Total Monthly Payment | $12,094 | $13,267 | $17,670 |
* 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.