1020 Rutland Road, Brooklyn (East Flatbush), NY, 11212 | $995,000

Ideally located, next to public transportation at the intersection of East Flatbush, Brownsville & Crown Heights. This is a 3, 432 sqft, investor friendly, Mixed Use Multi-Family building with a large back yard, on a 20ft x 100ft lot. It has 4 residential units totaling 2, 172 sqft and one 1, 260 sqft commercial unit with a finished basement. The property will be delivered vacant with no tenants. Sale is AS-IS.

Features

  • Town: Brooklyn
  • Units: 4
  • Lot Size: 20'x100'
  • Year Built: 1931
  • Basement: Finished
  • Lot Size: 20'x100'
  • Est. Taxes: $10,049
  • OLR#: 88086TH
  • Days on Market: 551 days
  • Website: https://www.raveis.com
    /raveis/88086TH/1020rutlandroad_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.

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917.250.5285

Philippe.Doh@raveis.com

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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1020 Rutland Road, Brooklyn (East Flatbush), NY, 11212

$995,000

Philippe Doh

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 917.250.5285

Philippe.Doh@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 7.125% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.531% 7.228% 7.041%
Monthly Tax Payment $837 $837 $837
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,966 $5,363 $7,099
Total Monthly Payment $5,895 $6,292 $8,028

* 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.