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Looking for investment or your new home? This multifamily building in Williamsburg, Brooklyn, offers a unique opportunity for both investors and end users seeking a versatile property. Located in the heart of this vibrant neighborhood, the building features: Flexible Layout: Perfect for conversion into a luxurious condominium or for creating a custom living townhome space tailored to your needs. The layout offers ample room for creative design. Parking Space: A rare feature in Williamsburg, the property includes dedicated parking, providing convenience and practicality. Spacious Front Yard: A generously sized front yard offers opportunities for landscaping, outdoor entertaining, or even additional creative use. Prime Location: Situated in a highly desirable area with excellent access to public transportation. Recently upgraded L-train station, J, M and G train nearby as well as buses and East River Ferry offer easy access to Manhattan. This incredible neighborhood has extensive choice of groceries, restaurants, caffes and shops like Whole Foods, Apple Store or Marthas Bakery. Just a few blocks away from the family oriented Domino Park and East River State Park. Total sq footage 3, 450. Delivered VACANT !!! All conversion options and modifications must be consulted with a licensed city architect to ensure compliance with zoning regulations and local building codes.
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:
$3,499,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,799,200 | $2,799,200 | $2,799,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $533 | $533 | $533 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,457 | $16,783 | $23,245 |
| Total Monthly Payment | $16,115 | $17,441 | $23,903 |
* 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.