|
Presently a ACTIVE CHURCH / CAN be rezoned residential or retail. A unique and rare opportunity to purchase a mixed-use commercial property at 65 Eldert Street in prime Bushwick, Brooklyn NY 11207. Currently used as a church/ house of worship, this property sits on a 2, 000 sq ftl ot, with a 1900 sq ft building footprint. With favorable zoning that allows for mixed-use development, this property is ideal for those seeking to create a flagship retail presence, a live/work environment, or an invwestment in one of Brooklyn's fastest growing neighborhoods. Zoned R6 (narrow street), the lot allows: Residential redevelopment: ~2–3 stories, 4, 400–4, 860 sq ft total buildable Community facility redevelopment: ~4–5 stories, up to 9, 600 sq ft One block from a school and a community residential improvement site — ideal as a church, multi-use investment, or redevelopment site in growing Bushwick. Independently confirm all zoning ownership does not guarantee projected FAR zoning or land use approvals.
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:
$1,000,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $800,000 | $800,000 | $800,000 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | TBD | TBD | TBD |
| Initial Principal & Interest Pmt | $4,234 | $4,669 | $6,537 |
| Total Monthly Payment | $4,326 | $4,669 | $6,537 |
* 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.