Welcome to 1434 Greene Avenue, a fantastic investment opportunity located in the heart of Bushwick, Brooklyn! This 3-story, 6-unit multi-family building offers incredible potential in one of Brooklyn’s most vibrant neighborhoods.
Each of the 6 units features 2 spacious bedrooms, 1 full bathroom, a living/dining area, and a well-appointed kitchen. The layouts provide a functional flow, perfect for tenants seeking comfort and convenience. High ceilings and ample natural light enhance the inviting atmosphere throughout the property.
The building also includes a basement with additional storage space, perfect for tenant use or owner needs. With all units fully equipped with separate utilities, this property offers excellent flexibility for owner management.
Located near local shops, trendy cafes, restaurants, and convenient transportation options, including the L and M subway lines, 1434 Greene Avenue offers easy access to all that Bushwick and greater NYC have to offer.
Whether you're an investor seeking stable rental income or an owner-occupant looking to maximize value, this property is an exceptional opportunity.
Rent roll and expenses upon request will be provided. Tenants pay for electric.
4, 875 square feet
Building Dimensions: 25 ft x 50 ft
Lot Dimensions: 25 ft x 100 ft
Zoning: R6
Annual Taxes: $9, 727
Current FAR: 2. 3
Max FAR: 2. 43
Please note: All information provided is deemed reliable but not guaranteed. Buyers are advised to independently verify all property details.
Contact us today to schedule a private showing or for additional information!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,000,000
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 | $1,600,000 | $1,600,000 | $1,600,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,465 | $10,245 | $13,610 |
Total Monthly Payment | $9,590 | $10,370 | $13,735 |
* 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.