Presented by
Kevin Sexton |
Corner Brick Turnkey 3-Family + Store in Prime Bushwick! Discover an outstanding investment opportunity in the heart of Bushwick’s most vibrant and rapidly evolving corridor. Located just 1 block from Irving Square Park and surrounded by popular local businesses, this well-maintained corner brick building offers tremendous income potential and long-term upside. Property Features: - 3 Residential Units + 1 Commercial Storefront - All residential units have been fully renovated! - Ground-floor commercial space (deli) has a stable tenant with 4 years remaining on lease - Second Floor: Spacious 3BR /1BTH unit - Third Floor: 1BR /1BTH front unit + 2BR /1BTH unit - Private Backyard + Fully Finished Basement with half bath and large recreation room Interior Highlights: - High ceilings, hardwood floors & abundant natural light - Granite kitchen countertops - Elegant high end tilework in all bathrooms - Brand new windows & siding (installed last year) - Modern gas boiler & hot water heater (installed 2 years ago) - Upgraded plumbing, gas lines (2004) & full electrical rewiring - Quiet, turn key building with separate storage Location Perks: - Just 4 blocks to the L train (Halsey St) and 6 blocks to the J, M, Z lines - One block from Irving Square Park - Surrounded by trendy nightlife, renowned restaurants, art galleries, and a weekly organic farmer’s market Building: 22 x 60 ft Lot: 22 x 76 ft Zoning: R6 FAR: 2. 37; Max FAR: 2. 43 Taxes: $7, 295/Yr Ideal for Investors or End-Users Looking for Rental Income & Long-Term Growth!
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:
$1,825,000
REALTOR
William Raveis Real Estate
Phone: 781.640.1484
Kevin.Sexton@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.314.1072
Joanne.OKeefe@raveis.com
NMLS Mortgage Loan Originator ID 38342
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,460,000 | $1,460,000 | $1,460,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $608 | $608 | $608 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,290 | $8,989 | $12,320 |
| Total Monthly Payment | $9,023 | $9,722 | $13,053 |
* 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.