Welcome to this chic and stunning two-family townhome nestled in the heart of vibrant Williamsburg, Brooklyn! Currently set up as a double duplex, this impressive property features over 4000 square feet of interior space and both residences enjoying their own private outdoor spaces as well. This rare gem of a home offers plenty of flexibility. You can use it as an investment property, live in one of the duplexes and collect sizable rent revenue from the other unit, or turn it into your dream single-family home! Architectural plans available upon request. The spacious downstairs duplex features three bedrooms, two bathrooms, a large chef’s kitchen, central A/C, and an expansive private backyard. With soaring ceiling heights on the parlor floor and beautiful original details, including a decorative fireplace, this unit commands large rent revenue. The upper owner’s duplex includes two bedrooms= home office, two full baths, incredible natural light, thoughtful design, and a gracious back terrace off the kitchen – the perfect space for morning coffee or evening cocktails. The open concept living and dining area provide a seamless flow, ideal for both intimate dinners and lively get-togethers. The sprawling, serene primary bedroom features a decorative fireplace, beautiful natural light, and endless closet space. Located in the vibrant neighborhood of Williamsburg, you'll find yourself surrounded by an array of trendy cafes, boutiques, and restaurants, ensuring endless entertainment options right at your doorstep. With convenient access to public transportation, Manhattan is just a short commute away, making this the perfect haven for those seeking the best of both worlds - city living with a touch of suburban tranquility. Tenant lease in place through Aug 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,990,000
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 | $3,192,000 | $3,192,000 | $3,192,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | $449 | $449 | $449 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,138 | $20,703 | $27,806 |
Total Monthly Payment | $19,712 | $21,277 | $28,380 |
* 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.