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948 E 93rd St, Brooklyn, NY 11236 Legal 3-Family • 9 Beds • 9 Baths • 5, 600 SF Lot • 27' x 60' Building • Delivered Vacant (Limited Access) Welcome to 948 E 93rd Street, an exceptionally large legal 3-family home in the heart of Canarsie. Sitting on an oversized 5, 600 sq ft lot with a 27 ft x 60 ft building footprint, this property offers significantly more space than a standard Brooklyn multi-family—ideal for investors, end-users, or multigenerational living. This expansive building features: Unit 1: 3 Bedrooms, 3 Bathrooms Unit 2: 3 Bedrooms, 3 Bathrooms Unit 3: 2 Bedrooms, 2 Bathrooms Full Basement Handicap-Accessible Entry The property will be delivered vacant. Viewings are currently available for the 1st floor and basement only. The 2nd and 3rd floor units have tenants in the final stage of eviction, so access to those units is limited at this time. Location Located in a quiet, residential section of Canarsie, this home offers convenience, space, and nearby amenities: Close to Canarsie Pier, Marine Park, and Gateway Center Mall for waterfront activities, outdoor recreation, major shopping, and dining. Near local restaurants, grocery stores, and shops along Avenue L, Remsen Ave, and Rockaway Parkway. Easy access to transportation including the L train and multiple bus lines, plus convenient routes to Brooklyn, Queens, and JFK Airport. Surrounded by community parks, playgrounds, and neighborhood amenities. Highlights Rare extra-large lot and building Fully vacant legal 3-family Spacious layouts with 9 total bedrooms and 9 bathrooms Handicap accessible Strong rental income potential or perfect for multi-unit living This is a standout opportunity to own a significantly sized, versatile property in one of Brooklyn’s most well-connected neighborhoods.
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Our Executive Mortgage Banker:
$1,199,999
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 | $959,999 | $959,999 | $959,999 |
| 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 | $851 | $851 | $851 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,451 | $5,756 | $8,101 |
| Total Monthly Payment | $6,427 | $6,732 | $9,077 |
* 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.