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Be part of history and own this classic Brownstone paces away from where the movie "Do The Right Thing" was filmed by the acclaimed director Spike Lee. This Brownstone is in good condition in a quiet residential area of Stuyvesant Heights. For all of you Brownstone lovers, this house can be restored and upgraded to a buyer's liking anyway they may choose to upgrade the house. This house will only increase in value in the upcoming years. The ground floor (1) bedroom apartment has been fully modernized and there is access to the backyard which can be used for gardening, social events and more. The second floor is currently vacant with (2) bedrooms, eat in kitchen, living room with a half bathroom and a single room for the shower. The third floor is a 2-3 bedroom flex with private kitchen and private bathroom separate from the apartment and the (4) fourth floor has the same exact layout has the (3) third floor. Majority of the house has high ceilings and is homely and spacious. This house is nearby the local shopping area and 5-6 blocks from the J train and around the corner from the B46 Bus. The owner anticipates delivering the property vacant. Don't miss out on owning a piece of history in a modern-day hip part of the Bedford Stuyvesant area of Brooklyn.
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Our Executive Mortgage Banker:
$1,800,000
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 | $1,440,000 | $1,440,000 | $1,440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $508 | $508 | $508 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,064 | $8,750 | $12,055 |
| Total Monthly Payment | $8,697 | $9,383 | $12,688 |
* 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.