5 Family Townhouse
Rare mixed-use townhouse featuring a ground-floor deli and four residential apartments above, offering strong in-place income with long-term upside potential.
The commercial space is occupied by an established deli with approximately three years remaining on the lease and built-in 5% annual escalations, providing steady cash flow and predictable growth.
Above the retail are four residential units .
This asset presents an attractive cap rate with immediate income and future value-add potential through strategic management of the residential component. Ideal for investors seeking stable cash flow in a classic New York mixed-use property with long-term appreciation potential. Call for more information.
251 Bergen Street, Brooklyn, (Boerum Hill), NY, 11217
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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