Well maintained three family property with huge backyard in Cypress Hills. Some updates done throughout the years with room for potential expansion based on the maximum allowable floor area of the building. Property selling AS IS with normal wear and tear. Since inception, It has been a solid income producing property, up until the effects of the pandemic years which caused a temporary disruption to rental cash flow. This negatively impacted the economics with property needing to sell. Like the classic proverb, "April showers bring May Flowers", better days are still ahead with this property for the right buyer. Whether it fits as a primary or investment property or both. Come take a look!
Pictures coming soon!
Type:
Single-family residential
Construction
Frame, Vinyl Siding
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Elementary School:
Ps 290 Juan Morel Campos
Middle School:
Vista Academy
High School:
W H Maxwell Career And Tech Hs
School District:
Community District 19
Brooklyn, NY, 11207
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
