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Welcome to 230 and 230 1/2 Frost St, a beautifully renovated four family investment property . This extra large lot is 25x 135 . There two separate dwellings on this lot which is situated in the heart of Williamsburg Brooklyn . At 5, 345 square feet of space, this home offers endless possibilities for both living and investment potential. Tenants pay their own utilities including heat and hot water. This all makes for a great rental income. The main building has three large two bedroom 1 and 1/2 bath apartments that span more than 1, 100 sq feet each. The back duplex free standing rental boasts two bedrooms and one bath with its own washer/ dryer and private entrance with outdoor space for entertaining. Living in one apartment and renting the other three or using this investment property to add to your portfolio is always an option. Boasting a total of 16 rooms, including 8 spacious bedrooms and modern bathrooms, this property has been designed with both functionality and comfort in mind. The recently renovated kitchen is a true highlight, featuring a sleek open layout, granite countertops, a convenient breakfast bar, and a sizable kitchen island—ideal for cooking enthusiasts and entertainers alike. The bathrooms have also been updated, showcasing timeless ceramic finishes for a clean and polished look. The home exudes warmth and sophistication with its stunning hardwood floors and recessed lighting, creating an inviting atmosphere throughout. Additional features include a voice intercom system for added convenience and security. Perfectly combining classic townhouse charm with modern amenities, 230 Frost St offers the best of Brooklyn living. Whether you're looking to create a new home or a smart investment property, this spacious and thoughtfully updated residence is a rare find. Don’t miss your chance to view this exceptional property!
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:
$4,000,000
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 | $3,200,000 | $3,200,000 | $3,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,169 | $19,186 | $27,003 |
| Total Monthly Payment | $18,294 | $19,311 | $27,128 |
* 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.