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Introducing an investors or end-users dream! All units with free market rent! Fully renovated brick semi-detached 4-family property in the heart of Brighton Beach, one of South Brooklyn’s most desirable and high-demand neighborhoods. This exceptional building offers a rare combination of modern upgrades, strong income potential, and an unbeatable location just moments from the ocean. The property features three spacious 2-bedroom, 1. 5-bathroom units and one well-appointed 1-bedroom unit, all thoughtfully redesigned with contemporary finishes. Each apartment boasts beautifully crafted kitchens with modern cabinetry and sleek countertops, along with stylish, fully updated bathrooms that provide both comfort and elegance. Each unit is rented at market price. There is a full finished basement for potential expansion! A standout feature of this property is that every unit is equipped with its own dedicated boiler and Navien tankless water heater, offering energy efficiency, convenience, and reduced operating costs for both owner and tenants. Perfectly situated near the beach and boardwalk, the home also provides effortless access to the Belt Parkway and nearby B and Q subway lines , ensuring a smooth commute to Manhattan and throughout Brooklyn. Residents will enjoy being surrounded by a vibrant mix of local markets, renowned restaurants, and charming cafés that define the Brighton Beach lifestyle. Whether you’re an investor seeking a turnkey, income-producing asset or an end-user looking for a multi-generational living opportunity, this property delivers exceptional value in a prime coastal Brooklyn location.
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Our Executive Mortgage Banker:
$1,595,000
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 | $1,276,000 | $1,276,000 | $1,276,000 |
| 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 | $1,220 | $1,220 | $1,220 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,145 | $7,753 | $10,682 |
| Total Monthly Payment | $8,490 | $9,098 | $12,027 |
* 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.