Rare opportunity to own a legal BIG 3-family property on Vernon Ave. between Throop and Marcus Garvey,
offering close to 5,000 SF of living space. The owner's unit is a 5-bedroom first-floor duplex with direct access to a private backyard. The second and third floors each feature a well-appointed 3-bedroom apartment. The property can be delivered vacant, making it an ideal opportunity for an end user seeking a large owner's residence with significant rental income, or for an investor looking to lease all three units at market rents.
A versatile property with exceptional income and appreciation potential.
Type:
Single-family residential
Heating:
Baseboard, Other
Cooling:
Wall/Window Unit(s)
Construction
Brick, Brownstone
Utilities
Electricity Connected, Natural Gas Connected
Elementary School:
Ps 11 Purvis J Behan
Middle School:
Brooklyn Prep High School
High School:
High School-Enterprise, Bus & Tech
School District:
Community District 14
262 Vernon Avenue, Brooklyn, NY, 11206
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
