Prime Bay Ridge Three-Family Brick Home with Two-Car Garage This remarkable three-family brick property is a rare find, offering an ideal combination of space, functionality, and income potential on a highly sought-after Bay Ridge block. With versatile features and excellent upside, this property is perfect for investors or end-users alike. The ground level offers a spacious and flexible layout with a private entrance and multiple rooms, providing endless possibilities for customization to suit your needs. The first-floor apartment is sun-filled and oversized, perfect for comfortable living or rental income. It features three generously sized bedrooms plus an additional room, gleaming hardwood floors throughout, and a brand-new bathroom with modern fixtures and finishes. Direct access to the two-car garage ensures seamless convenience. The bright and airy atmosphere is ideal for both relaxation and entertaining. The second apartment exudes charm and spaciousness, offering three large bedrooms with ample closet space, beautiful hardwood floors throughout, and an abundance of natural light that creates a warm and welcoming ambiance. Additional highlights include a two-car garage providing convenient parking and storage, as well as solid brick construction offering durability and timeless appeal. Located on a prime Bay Ridge block, this property presents a fantastic opportunity to own a multi-family home in one of Brooklyn’s most vibrant neighborhoods. Whether you’re looking to generate rental income or create a comfortable multi-generational living setup, this is a must-see opportunity.
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.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.
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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 |
|
|---|---|---|---|
| Loan Amount | $1,599,200 | $1,599,200 | $1,599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.110% | 5.932% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,955 | $9,588 | $13,280 |
| Total Monthly Payment | $9,080 | $9,713 | $13,405 |
* 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.