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All images are virtually staged for illustrative purposes only. The property is being sold in as-is condition and requires a full gut renovation. Photos DO NOT reflect the current condition of the property. Bring your architect and vision to 772 Greene Avenue, a three-story, three-family, 20-foot-wide townhouse in the heart of Bedford-Stuyvesant offering tremendous upside for investors and end-users alike. Built in 1931, this classic Brooklyn property spans three full floors and is configured as three residential units. Requiring a complete gut renovation, it presents a rare opportunity to create a bespoke townhouse, income-producing rental property, or owner’s duplex with additional units for supplemental income in one of Brooklyn’s most vibrant neighborhoods. Set on a tree-lined block, the home is surrounded by the historic brownstones and strong community character that define Bed-Stuy. The neighborhood continues to thrive with an ever-growing selection of cafe´s, restaurants, and boutiques along nearby corridors, as well as green space at Herbert Von King Park, known for its open lawns, dog runs, and community events. Commuting is convenient with multiple transit options nearby, including the G train at Myrtle–Willoughby Avenues station and the J train at Kosciuszko Street station, offering access to Downtown Brooklyn, Williamsburg, and Manhattan. Whether you’re looking to restore and reposition, design a custom residence, or develop a strong rental asset, 772 Greene Avenue is a true blank canvas in a location that continues to see strong demand and long-term growth. Delivered vacant and ready for transformation.
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:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 5.984% | 5.689% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,623 | $8,282 | $11,532 |
| Total Monthly Payment | $7,748 | $8,407 | $11,657 |
* 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.