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Located in prime Borough Park, this three-bedroom duplex with a full basement is available for the first time in many years-offering a rare opportunity to own a well-maintained home in one of Brooklyn's most sought-after neighborhoods. Perfectly positioned near everything you could want, this home enjoys an excellent location close to shopping, transportation, schools, and everyday conveniences. The house is in great condition and features a brand-new kitchen with an open layout that creates a bright and functional living space, ideal for both everyday living and entertaining. The windows have also been recently replaced, adding to the home's overall value and efficiency. One of the standout features of this property is its incredible potential for future expansion. With R5 zoning and a 1. 5 FAR, there is significant opportunity to add additional square footage if desired-making this an excellent long-term investment for both end-users and developers alike. For buyers looking to move right in, the home is already in excellent shape and fully livable as is. A large full basement provides additional flexible space for storage, recreation, or future customization, while all mechanicals are in great condition and have been well maintained. The property also includes a shared driveway, adding valuable convenience in this prime location. Whether you're looking for a move-in-ready home or a property with strong upside potential, this Borough Park residence offers both comfort and opportunity in an exceptional setting.
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.
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Our Executive Mortgage Banker:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
| 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 | $6,791 | $7,364 | $10,093 |
| Total Monthly Payment | $6,916 | $7,489 | $10,218 |
* 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.