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Turnkey Three-Family Strong Income + End-User Flexibility.
393 Rogers Avenue presents a gut-renovated, turnkey three-family townhouse built approximately 20 x 50' on 20' 90' lot at the crossroads of Crown Heights
and Prospect Lefferts Gardens. Delivering an approximate 6. 5% cap rate with low taxes, this is a compelling opportunity for investors seeking immediate, stable returns. Equally appealing for an end-user, the property offers the flexibility to occupy the vacant unit while leveraging rental income from the remaining apartments to offset ownership costs from day-1.
Each residence is configured as a spacious three-bedroom with at least two full baths. The garden unit features a bonus recreation level with an additional half
bath, nearly 8-foot ceilings, and direct access to a private, serene backyard. Ceiling heights reach approximately 11 feet on the parlor level, enhancing light and
volume throughout.
All units have been thoughtfully finished with a cohesive, modern design, including:
-Central air conditioning & heating
-Natural oak hardwood flooring
-Pella architectural series windows
-Black granite countertops and stainless steel appliances
-In-unit gas washer/dryer and dishwasher
-Video intercom
-Recessed lighting
-Contemporary, fully renovated bathrooms
A shared, finished roof deck offers open views and added outdoor space for residents.
Located just one block from the New York City Subway 2/5 Lines at Sterling Street and along the B49 bus route, the property is surrounded by neighborhood
favorites including Bomberino, Bobbed Bandit, and Lidl. Nearby Prospect Park, the Prospect Park Zoo, and Brooklyn Public Library round out the lifestyle appeal.
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:
$2,498,000
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 | $1,998,400 | $1,998,400 | $1,998,400 |
| 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% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,190 | $12,142 | $16,729 |
| Total Monthly Payment | $11,315 | $12,267 | $16,854 |
* 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.