Excellently maintained 6 Family near Crescent Street and 30th Avenue!!! So much to list : Brick Pointing was done 2 years ago! Roof is also only 2 years old! Updated electrical with circuit breakers! Hallways and exterior of buildings have security cameras! Hallways have been updated with tile floors, New apartment doors, Emergency Lighting, Exit Lights, New intercom system and Mailboxes! Windows have been updated! New stainless steel chimney liner! 2 New 275 gallon each oil tanks! Updated High Efficiency Oil Boiler! 5 Apartments have been renovated at separate times within the last 10 years!!! Parapit inspection and Gas inspection have recently been done and passed!!! Yearly income $125, 778 and NOI is $93, 605!!! 4 Apartments are on prefferential Rent, Legal income for the building is $133, 687. 68 !!! *****This is the one / Don't delay / It will go fast***** On top of it all, this property is zoned R6A!!! There is plenty of unused FAR !!! This 6 Family also has a 2 Car Garage and additional outdoor parking!!! All information is deemed accurate but Please verify all information with your attorney. , Additional information: Building Size: 20 x 73, Rental Income: Y
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
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 | $1,360,000 | $1,360,000 | $1,360,000 |
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 | $1,614 | $1,614 | $1,614 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,045 | $8,708 | $11,569 |
Total Monthly Payment | $9,784 | $10,447 | $13,308 |
* 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.