1186 E 56th Street, Brooklyn, NY, 11234 | $1,199,000

This lovely 2 family home is located on a quiet, tree lined block in the historic Flatlands neighborhood of Brooklyn. This home offers 2 modernized apartments, with beautiful oak hardwood floors, quartz countertops, gorgeous high end tile and stainless steel appliances . On the ground level is a (separate) beautifully finished owners suite. Each unit offers an open concept layout with abundant light, generously sized bedrooms, excellent storage, contemporary kitchens and sleek bathrooms. From top to bottom, this gem has been thoughtfully updated with high-quality finishes, making it truly move-in ready. Unit #1 = 3 Bedrooms + 1 Bathroom Unit #2 = 3 Bedrooms + 2 Bathrooms + Balcony Fully Finished Owners Suite on the ground Level Garage Parking + 1 Parking Space This property is perfect for owner occupants interested in offsetting their mortgage with rental revenue OR for investors seeking strong rental income. From top to bottom, the property has been updated with high-quality finishes, making it truly move-in ready. All showings are by appointment only.

Features

  • Bedrooms: 6
  • Baths: 3 full
  • Laundry: In Basement
  • Style: Duplex
  • Year Built: 1965
  • Garage: 1-car
  • Heating: Baseboard, Forced Air
  • Cooling: Wall/Window Unit(s)
  • Basement: Finished, Full, Walk-Out Access
  • Acreage: 0.05
  • Est. Taxes: $8,894
  • MLS#: 937130
  • Days on Market: 153 days
  • Website: https://www.raveis.com
    /eprop/937130/1186e56thstreet_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of RE/MAX City Square   Phone: 718-570-7690

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

1186 E 56th Street, Brooklyn, NY, 11234

$1,199,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

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 $959,200 $959,200 $959,200
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 $741 $741 $741
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,446 $5,906 $8,094
Total Monthly Payment $6,312 $6,772 $8,960

* 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.