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Rare 6-Family brick semi-detached house in the Heart of Sunset Park! This well-maintained, excellent-condition building features six spacious residential units with flexible 2-bedroom layouts, and each unit has 1 bathroom and an additional bathroom in the full, finished basement. Building size 22x80 over a 30x100 lot. Located in an R6 zoning district, the property offers a Residential FAR of 2. 2, Facility FAR of 4. 8, and current FAR of 1. 76, providing outstanding future development potential. Approximate maximum buildable area is 6, 611 sq. ft. for residential use and up to 14, 424 sq. ft. for community facility use. Features include separate utility meters and a private driveway with multiple parking spaces. Conveniently situated near major shopping corridors, restaurants, schools, and public transportation ( B11, B70 buses, D, N, Q Trains). Excellent opportunity for investors, developers, or end users seeking high rental income and long-term upside in one of Brooklyn’s most desirable and high-demand neighborhoods.
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Our Executive Mortgage Banker:
$2,800,000
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 | $2,240,000 | $2,240,000 | $2,240,000 |
| 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 | $1,659 | $1,659 | $1,659 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,543 | $13,610 | $18,751 |
| Total Monthly Payment | $14,327 | $15,394 | $20,535 |
* 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.