1258 E 98TH Street, Brooklyn (Canarsie), NY, New York, property flyer

Brooklyn (Canarsie), NY, 11236 | $600,000

Canarsie - East 98th Street All-Brick Legal 2-Family Ranch BRP Exclusive!

Investor or end-user alert! Rare find - All-brick legal 2-family ranch in the heart of Canarsie. Built in 1960, this spacious layout offers excellent upside and long-term value.

Layout:

Top Floor: 4. 5 rooms - 2 bedrooms

Walk-in Unit: 3. 5 rooms - 1 bedroom

Full finished accessory basement with interior entrance

Property Features:

Private driveway and built-in garage

Private backyard plus front & rear patios

Lot size: 20 ft x 115 ft

Building size: 20 ft x 45 ft

Estate Sale - Must Be Sold with Occupant In Place (Legal Holdover)

Sold As-Is - Buyer must assume current occupant.

Tremendous Upside! A similar property on the block recently sold for $850, 000. Once vacant, this property offers instant equity and value-add potential.

Priced to sell - Will NOT last at this price!

BRP Exclusive - No Co-Broke! Canarsie East 98 Street All Brick legal ranch 4. 5 (2 bed) over 3. 5 (1 bed) large room built in 1960 with full finished accessory basement! Interior entrance, private drive and garage and private backyard on 20 x 115 lot! Building size 20 x 45! Front & back patio! Estate Sale- Will NOT last at this price!!!! Must buy occupant - As Is! In legal hold over. Similar property in block sold for $ 850, 000. 00 once tenant is out - huge price increase- Buy today with EQUITY! BRP Exclusive no cobroke!!

Features

Town: Brooklyn
Levels: 2
Rooms: 8
Bedrooms: 3
Baths: 3 full

Lot Size: 115.00x20.00
Laundry: In Unit
Year Built: 1960
Est. Taxes: $5,292
View: Other

Pet Policy: Building Yes,No
MLS#: RLS20039699
Days on Market: 225 days
Website: https://www.raveis.com
/prop/RLS20039699/1258e98thstreet_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.
Listing courtesy of Brooklyn Real Property Inc Phone: (718) 875-8899

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

Market your home to realize a quick sale at the best possible price
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

Is available to meet with you in our office, your home or office, evenings or weekends
Offers you pre-approval in minutes!
Provides a guaranteed closing date that meets your needs
Has access to hundreds of loan programs, all at competitive rates
Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

Will Provide a home insurance quote within 24 hours
Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Brooklyn (Canarsie), NY, 11236

$600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

	5/6 (30 Yr) Adjustable Rate Conforming*	30 Year Fixed-Rate Conforming	15 Year Fixed-Rate Conforming
Loan Amount	$480,000	$480,000	$480,000
Term	360 months	360 months	180 months
Initial Interest Rate**	5.750%	6.125%	5.250%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	6.307%	6.292%	5.561%
Monthly Tax Payment	$441	$441	$441
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$2,801	$2,917	$3,859
Total Monthly Payment	$3,334	$3,450	$4,392

* 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.