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Welcome to 466 East 28th Street — a classic Brooklyn two-family home located on a quiet residential block in the heart of Flatbush. Built in 1899, this spacious property offers a rare opportunity for both end-users and investors alike. Configured with 6 bedrooms, 1 office, 4 bathrooms, and 3 kitchens across multiple levels, the home provides exceptional flexibility for multi-generational living, rental income potential, or customization to fit your vision. The entire home will be delivered vacant, making it ideal for buyers looking to move right in, renovate, or create a high-income producing property. Set on a generous lot with approximately 2, 327 square feet of interior space, the property combines classic Brooklyn charm with tremendous upside potential. Property Features: • Two-family configuration • 6 Bedrooms + office • 4 Bathrooms • 3 Kitchens • Delivered fully vacant • Excellent investment or end-user opportunity • Private outdoor space •? ?Wrap around porch •? ?93 ft long double wide driveway •? ?Two car garage •? ?Large backyard with gazebo Conveniently located near the 2 and 5 trains, shopping, restaurants, parks, and neighborhood amenities, this home offers both space and accessibility in one of Brooklyn’s most established residential neighborhoods. A rare chance to own a versatile multi-family property in the heart of Brooklyn with endless possibilities.
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Our Executive Mortgage Banker:
$1,699,000
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 | $1,359,200 | $1,359,200 | $1,359,200 |
| 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 | $582 | $582 | $582 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,717 | $8,369 | $11,470 |
| Total Monthly Payment | $8,424 | $9,076 | $12,177 |
* 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.