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Solid brick two-family brownstone Set in the Central Ridgewood Historic District, a neighborhood celebrated for its rich history and preserved architectural beauty. Offering excellent investment potential or future owner-occupancy opportunity. The 1st floor apartment features an eat-in kitchen, dining area, 2 bedrooms, 1 full bath, and access to a private rear deck leading to the backyard. Currently rented for $2, 350 per month with no lease. The 2nd floor apartment is a modern apartment offering an eat-in kitchen, dining room, 2 bedrooms, 1 full bath, plus an additional room ideal for a 3rd bedroom, home office, or guest space. This unit also features a rear balcony and is currently rented for $2, 150 per month with no lease. Also featuring a new roof installed in 2026, backyard, full basement and gas heat. Annual Operating Expenses are as follows: Gas/Electric/Water: $5, 658 Homeowner's Ins. : $2, 134 Conveniently located near public transportation, subway lines, local buses, shopping, restaurants, cafes, schools, and parks. Enjoy all that Ridgewood has to offer including its vibrant dining scene, neighborhood boutiques, community feel, and easy access to Brooklyn and Manhattan.
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.
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Our Executive Mortgage Banker:
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
| 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 | $691 | $691 | $691 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,900 | $6,399 | $8,769 |
| Total Monthly Payment | $6,716 | $7,215 | $9,585 |
* 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.