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Presented by
Jennifer Jennings |
794 Macon Street is a rare opportunity to own a legal three-family townhouse in the heart of Bedford-Stuyvesant. With approximately 3, 400 square feet, this property is arranged as a three-bedroom over another three-bedroom, plus a two-bedroom on the garden level with a full basement. Each apartment is separately metered with its own electric and gas service, making it simple to manage for both owners and investors. The home offers incredible flexibility: live in one of the spacious upper floors and enjoy views of Saratoga Park right across the street, while the other apartments provide steady rental income. For investors, the scale, layout, and prime location make this an excellent long-term hold in one of Brooklyn’s most desirable neighborhoods. Living across from Saratoga Park means greenery, recreation, and community are always steps from your door. The park’s lawns, playgrounds, and tree-lined paths create a daily escape, while Bed-Stuy’s brownstone blocks, cafés, restaurants, and shops give the neighborhood its vibrant energy. Convenient subway access makes commuting throughout Brooklyn and Manhattan easy. With size, versatility, and an unbeatable park-side setting, 794 Macon Street offers both a comfortable home and a smart investment in one of Brooklyn’s most thriving communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,499,999
Sales Associate
William Raveis Real Estate
Phone: 203.561.6105
Jennifer.Jennings@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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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 | $1,199,999 | $1,199,999 | $1,199,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $499 | $499 | $499 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,350 | $7,003 | $9,805 |
| Total Monthly Payment | $6,974 | $7,627 | $10,429 |
* 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.