Prime mixed-use investment opportunity in the heart of Brooklyn. This three-unit commercial building offers approximately 2,064 square feet and strong income potential. The property features a ground-floor commercial storefront with excellent visibility along Pitkin Avenue, a rear one-bedroom apartment, and a spacious four-bedroom apartment on the second floor. Conveniently located directly across from the New York City Subway A train and New York City Subway C train, and just four blocks from the New York City Subway J train and New York City Subway Z train, the property benefits from excellent accessibility and high foot traffic. Ideal for investors or owner-users seeking a combination of rental income and business space in a growing Brooklyn corridor.
2214 Pitkin Avenue, 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.
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