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Elegant Two-Unit Home in the Heart of Canarsie. Discover the potential of this well-maintained two-unit residence, ideally situated in the highly sought-after Canarsie neighborhood of Brooklyn. Resting on a 1, 500 sq. ft. lot, this property offers a rare opportunity for both homeowners and investors seeking comfort, convenience, and long-term value. The home features two spacious units, each designed to provide practical living arrangements while maximizing space and functionality. A fully finished basement adds even more versatility—ideal for recreation, storage, or extended living needs. Currently fully occupied, the property presents an immediate income-generating opportunity for the savvy buyer. 9024 Avenue L is perfect for those seeking a spacious, well-located residence that delivers both comfort and investment potential in one of Brooklyn’s most established communities. With close proximity to schools, shopping, and public transportation, this property is an excellent option for end-users and investors looking to expand their portfolio. Income & Investment Potential - Based on current rental trends in Canarsie, similar units in the area are achieving approximately $2, 500–$2, 800 per month per unit, creating a potential gross rental income of $60, 000–$67, 000 annually. This setup allows a buyer to live comfortably in one unit while renting the other to significantly offset mortgage expenses — or lease both units for strong cash-flow potential. Rental Services Available - Our team provides full rental services after purchase, making it easy for buyers to transition seamlessly into ownership while generating income. Whether you’re an end-user or an investor, this home allows you to build equity, live comfortably, and profit at the same time.
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:
$850,000
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 | $680,000 | $680,000 | $680,000 |
| 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% | 6.086% | 6.183% |
| Monthly Tax Payment | $444 | $444 | $444 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,861 | $4,077 | $5,738 |
| Total Monthly Payment | $4,397 | $4,613 | $6,274 |
* 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.