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Welcome to Flatlands Ave! This beautifully renovated multifamily home is move in ready. Its clean structural lines and modern updates show comfort and style. 2 apartment units with a total of 5 bedrooms provide great rental potential. The new flooring throughout the house gives a contemporary appearance. This home boasts a full bathroom on every level. The new bathrooms and kitchens with the ceramic décor speak of luxury and elegance. The basement is ideal for additional space to entertain, have a home office or exercise space. The concrete floor backyard is cozy, providing a relaxing atmosphere for private gatherings. This home is conveniently located minutes from the L-train station and B82 Bus station allowing quick commutes to every part of our city. Restaurants, variety stores, medical offices are all within a short distance. The popular Gateway Shopping Mall is just a moment away. Public Schools and parks nearby make this a premier location in the highly sought after Canarsie area of Brooklyn. Welcome to Flatlands Avenue! Offering two spacious apartment units totaling five bedrooms, this property is perfect for both homeowners seeking rental income and savvy investors looking for a turnkey opportunity. Step inside to discover new flooring throughout, stylishly updated kitchens and bathrooms with elegant ceramic finishes, and a full bathroom on every level—a rare and convenient feature. The versatile finished basement provides extra space. Enjoy the private, low-maintenance backyard—a perfect retreat for gatherings or quiet relaxation. Commuters will love the unbeatable location—just minutes to the L train, B82 bus line, and major thoroughfares connecting you to the rest of the city. With shopping, restaurants, schools, parks, and medical offices all close by—including the popular Gateway Mall— Move right in and start enjoying the Brooklyn lifestyle today!
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Our Executive Mortgage Banker:
$919,000
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 | $735,200 | $735,200 | $735,200 |
| 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% | 6.223% | 6.058% |
| Monthly Tax Payment | $494 | $494 | $494 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,117 | $4,467 | $6,155 |
| Total Monthly Payment | $4,703 | $5,053 | $6,741 |
* 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.