Beautiful two-family with 5 bedrooms, 2 bathrooms, a full finished basement, and full attic located in the heart of Bushwick. This 23x100 lot is zoned R6 and offers an incredible 5, 589 interior residential square feet of potential -perfect for developers looking to create something amazing in one of Brooklyn's most sought-after neighborhoods. Conveniently situated just a few blocks away from major residential and commercial streets and avenues like Bushwick Avenue and Broadway, both bustling with new developments and businesses. Transportation is a breeze, with the train station for the J and Z Trains just blocks away, providing a quick 15-20 minute commute to Manhattan. Access to the Jackie Robinson Parkway is just minutes away, offering swift connections to Queens and broader Long Island. Whether you're envisioning a multi-family residence or something else, the potential is limitless. Seize this opportunity to create your vision in a dynamic and accessible location!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
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 | $278 | $278 | $278 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,389 | $6,915 | $9,187 |
Total Monthly Payment | $6,792 | $7,318 | $9,590 |
* 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.