|
This newly-listed two-family home in Bay Ridge is located on 73rd Street between 4th and 5th Avenues. The property contains two rental units, one each on the first and second floors, which will both be delivered vacant. The first-floor apartment features five rooms plus a full bathroom: a living room, dining room, two bedrooms in a railroad-style layout, and a kitchen off to the side. There's also direct access to the backyard through a door from the kitchen. The semi-finished basement can be reached both from outside the front yard and inside the first-floor unit. The heating system is fueled by oil, has recently been updated, and currently works without any issues. There is space for a laundry area in the basement as well. The second-floor unit comprises six rooms plus a full bathroom — three bedrooms, a living room, dining room, and kitchen. The roof was repaired recently. Annual property taxes are $7, 600, and insurance costs $2, 780 per year. Close to everything such as schools, supermarkets, doctors offices, restaurants, parks and recreation and everything else conveniently located along 5th or 3rd Avenues. The R train is located just a 3 min walk away. Located in a highly desirable neighborhood, this property is a prime opportunity for investors or those seeking a new home. Consider making this sought-after listing your next investment or residence today.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,345,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,076,000 | $1,076,000 | $1,076,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,109 | $6,625 | $9,080 |
| Total Monthly Payment | $6,234 | $6,750 | $9,205 |
* 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.