1046 E 102nd Street, Brooklyn, NY, 11236 | $550,000

Discover a unique opportunity with this 2-family residence, featuring 2 identical units, each with 1 generous master bedrooms, a second bedroom, and renovated bathrooms in 12/2019. Both units boast a spacious living area and a formal dining area, perfect for family meals and gatherings. Recent replacements include a gas furnace in 02/2022, and a boiler in 03/2021. Additionally, the property offers a patio, access to the backyard from both floors, and a 2-car parking space. Located on a quiet block with easy access to the Belt Parkway, this home is ideally positioned for those seeking a blend of comfort and convenience. Nestled between Shirley Chisholm and Canarsie park, and featuring a bike route down the Belt Parkway. Close to pharmacy, a 7-Eleven, and ample shopping options including Rockaway Parkway, Kings Plaza, and Gateway Mall. Access to public transportation options, including bus routes and the subway, facilitating seamless travel throughout the city. This property presents an excellent chance for a starter home or an investment. With its solid frame and some love, it's ready for its next owner to unlock its full potential, whether to occupy one unit and rent the other or to utilize both for rental income. Embrace the possibilities and envision transforming this property into your next successful venture or a comfortable abode. This property is sold AS-IS, inviting a visionary owner to bring their personal touch to this promising residence.

Features

  • Rooms: 5
  • Bedrooms: 4
  • Baths: 2 full
  • Units: 2
  • Style: Two Story
  • Year Built: 1955
  • Heating: Natural Gas, Steam
  • Cooling: Wall Unit(s)
  • Basement: Crawl Space, None
  • Approx Sq. Feet: 917
  • Acreage: 0.05
  • Est. Taxes: $6,670
  • Lot Desc: Near Public Transit
  • Elem. School: Ps 279 Herman Schreiber
  • Middle School: Is 211 John Wilson
  • High School: High School For Medical Professions
  • School District: Community District 18
  • Appliances: Dishwasher, Oven, Refrigerator, Washer
  • MLS#: 3589519
  • Website: https://www.raveis.com
    /prop/3589519/1046e102ndstreet_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of eXp Realty   Phone: 888-276-0630

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1046 E 102nd Street, Brooklyn, NY, 11236

$550,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $440,000 $440,000 $440,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.616% 7.055% 6.256%
Monthly Tax Payment $556 $556 $556
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,964 $2,890 $3,711
Total Monthly Payment $3,612 $3,538 $4,359

* 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.