"BROOKSIDE BEAUTY" - Incredibly rare opportunity for owner occupants or investors to purchase a turn-key, completely rebuilt, two-family property in the heart of Nyack, located just a quick stroll away from all the restaurants, shopping, hiking and amenities the bustling river town village has to offer. End users at 96 Brookside Ave, Nyack, NY can comfortably occupy one unit while renting the other, generating more than enough income to cover taxes and carrying costs. This fully renovated colonial underwent a significant transformation in 2018 by a well respected builder, seamlessly blending classic aesthetics with modern conveniences, including a new roof, foundation, siding, water heater, furnace and windows. The entire home boasts a generous 3, 478 SF, not including the finished basements of both units. Each unit, with separate meters, lives like its own single family home with over 1, 738 SF of open concept layouts, offering comfortable space for any user. The strikingly renovated apartments highlight 2 bedrooms, 1. 5 bathrooms, private laundry rooms and fully finished basements, perfect for additional storage, home office or even additional guest bedrooms. Contemporary chef's dream eat-in kitchens complete with quartz countertops, stainless steel appliances and oversized islands are ideal for entertaining or large gatherings. Abundant windows welcome ample natural light throughout the spaces creating a calm and inviting atmosphere. Retreat to the private fenced in backyard, a tranquil space for shared enjoyment or individual use. More amenities include a quaint rocking chair front porch and additional side entrance for left unit, #96. Nothing to do but move right in or collect immediate rents. Embrace the convenience of the bustling Nyack culinary scene, exploring Hook Mountain, or enjoying the scenic beauty along the Hudson River. With a short 30 minute commute to NYC and 10 minutes to Westchester, this location offers the best of both worlds and ideal for any commuter. Both units are currently occupied month to month, generating a combined rental income of $5, 100 which is under market value. Whether you're an end-user seeking additional income or an investor looking for a maintenance free opportunity, "Brookside Beauty" is painstakingly primed for success.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $1,751 | $1,751 | $1,751 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,182 | $4,519 | $6,010 |
Total Monthly Payment | $6,025 | $6,362 | $7,853 |
* 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.