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36 Euclid Avenue is a substantial multifamily residential investment property located in the East New York Cypress Hills section of Brooklyn, New York. Built in 1925, this well-maintained brick low-rise structure offers classic New York City rental living in a transit-accessible urban neighborhood. The building spans three stories and contains six residential units, providing consistent rental income potential. With a total building area of approximately 4, 740 square feet on a 0. 09-acre lot, 36 Euclid Avenue features a traditional layout typical of early 20th-century Brooklyn multifamily construction. The unit mix historically includes a combination of one- and two-bedroom apartments (primarily two-bedroom units), each with its own living, kitchen and bathroom spaces, making it attractive to a range of tenant profiles. Architecturally, the property reflects durable masonry construction with an emphasis on functional design. Its proximity to local shopping, bus routes, subway access, and major transportation corridors enhances its appeal for both tenants and investors alike. The property features four (4) on-site parking spaces, providing additional convenience and potential ancillary income opportunities. Additionally, the site includes an approximately 300 square foot storage container, offering supplemental storage capacity for operations or tenant use. The property benefits from access to public transportation, retail corridors, schools, and major commuting routes Its traditional layout and masonry construction reflect durable early 20th-century Brooklyn development patterns. This document is prepared for informational purposes only.
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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 | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,683 | $1,683 | $1,683 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,997 | $5,347 | $7,367 |
| Total Monthly Payment | $6,805 | $7,155 | $9,175 |
* 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.