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1094 Blake Avenue - Prime Two-Family Opportunity with Income & FlexibilityWelcome to 1094 Blake Avenue, a beautifully maintained two-family townhouse offering exceptional versatility, comfort, and investment potential in one of Brooklyn's fastest-growing neighborhoods. With 6 bedrooms, 3 full bathrooms, a finished basement with a private entrance, and a large backyard, this property combines spacious living with strong upside for both investors and end users. The home's layout features two full residential units, each offering bright, functional floor plans. The second-floor unit is currently tenant-occupied, depending on the buyer's timeline, the property can be delivered vacant. The basement includes a full bathroom, a generous bedroom, and two deep closets for ample storage - an ideal setup for guests, or extended family. The private backyard adds desirable outdoor space for entertaining, gardening, or quiet relaxation - a rare luxury in this price range. Location Highlights: Nestled near the crossroads of East New York and Gateway Center, this home enjoys unmatched convenience. Gateway Mall, just minutes away, offers everything you need - from supermarkets, restaurants, and cafes to major retailers and home stores. With the A, C, and 3 trains nearby, commuting into Manhattan or other parts of Brooklyn is effortless. Why Investors Love It: - Dual-unit setup with income in place and flexible delivery options- Fully finished basement with private access, full bath, and storage- Strong rental demand in an area seeing steady growth and redevelopment- Proximity to major retail, dining, and transit hubs adds long-term valueWhether you're looking for an income-producing property, a multi-generational residence, or a strategic foothold in Brooklyn's evolving landscape, 1094 Blake Avenue is a rare opportunity that checks every box. Schedule your private viewing today and see firsthand why this property stands out as one of East New York's best investments.
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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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.294% | 6.133% | 6.058% |
| Monthly Tax Payment | $42 | $42 | $42 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,197 | $4,557 | $6,362 |
| Total Monthly Payment | $4,331 | $4,691 | $6,496 |
* 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.