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Prime Sheepshead Bay Legal 3-Family Brick Home – Perfect for Investors or End-Users Discover an exceptional opportunity in the heart of Sheepshead Bay with this solid brick, legal 3-family home, ideal for generating rental income or creating a comfortable owner-occupied residence. Each floor features a well-proportioned one-bedroom apartment, including two newly renovated units boasting modern finishes, sun-filled interiors, and move-in-ready appeal. The third unit retains charming original details, offering the flexibility to update or preserve as desired. Situated just moments from the Sheepshead Bay waterfront and vibrant Emmons Avenue, residents enjoy immediate access to popular restaurants, cafés, boutiques, and scenic boardwalk dining. Commuting is effortless with nearby B4, B36, B49, and B68 buses, plus convenient access to the B and Q subway lines, providing a quick ride to Manhattan and the rest of Brooklyn. Whether you’re looking to expand your investment portfolio or secure a property with strong rental potential in a thriving neighborhood, this home checks every box. Don’t miss this rare chance to own in one of Brooklyn’s most desirable areas.
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:
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Our Executive Mortgage Banker:
$1,159,000
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
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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 | $927,200 | $927,200 | $927,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | $810 | $810 | $810 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,265 | $5,559 | $7,824 |
| Total Monthly Payment | $6,200 | $6,494 | $8,759 |
* 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.