222 Avenue V, Brooklyn, NY, 11223 | $899,000

Opportunity Awaits** Welcome to 222 Avenue V in Brooklyn, NY 11223, a conveniently located property boasting 3 bedrooms and 3 baths. This residence presents a fantastic opportunity for the discerning buyer to customize and create their dream home, offering immense potential to build immediate equity. The home offers a generous amount of living space across multiple levels, designed for privacy and functionality: * **Main Level: ** The main level is built for entertaining, featuring a dedicated formal living room and a formal dining room. The spacious layout provides a natural flow and ample room for an eat-in kitchen area. * **Unique Feature: ** A true highlight is the sunroom, providing a perfect transition space for relaxation. * **Upper Level: ** The multi-level design ensures privacy, with all three bedrooms situated on the upper level, away from the main living areas. * **Lower Level: ** The lower level includes a full basement and a dedicated laundry/utility area, adding significant functional and storage space. This is an exceptional opportunity to acquire a well-located home with a solid foundation and a flexible floor plan to renovate to your exact specifications. Close to the F and N subway lines, multiple bus routes, local shops, supermarkets, bakeries, and all the neighborhood favorites along Avenue U. Parks, schools, and waterfront spots are also nearby, making day-to-day life both easy and enjoyable.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Other
  • Year Built: 1945
  • Heating: Steam
  • Cooling: Wall/Window Unit(s)
  • Basement: Finished, Full
  • Approx Sq. Feet: 1,476
  • Acreage: 0.02
  • Est. Taxes: $5,267
  • Elem. School: Ps 95 Gravesend
  • Middle School: Brooklyn Studio Secondary School
  • High School: Kingsborough Early College School
  • School District: Community District 21
  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • MLS#: 941312
  • Days on Market: 126 days
  • Website: https://www.raveis.com
    /prop/941312/222avenuev_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 Keller Williams Realty Greater   Phone: 516-873-7100

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
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • 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

222 Avenue V, Brooklyn, NY, 11223

$899,000

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 $719,200 $719,200 $719,200
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 $439 $439 $439
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,084 $4,428 $6,069
Total Monthly Payment $4,615 $4,959 $6,600

* 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.