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Rare opportunity to acquire a well-maintained, six-family attached walk-up apartment building in the heart of Bensonhurst. This income-producing property features six residential units consisting of three one-bedroom apartments and three two-bedroom apartments. The building offers approximately 4, 380 square feet of interior living space situated on a 20-foot by 100-foot lot, complemented by a full finished basement that provides excellent additional storage and utility space. Separate electric and gas meters are in place to help simplify property management and optimize building operations. The property is ideally located just minutes from the vibrant commercial corridors of 86th Street, offering immediate access to a wide variety of retail, dining, and everyday conveniences. Transit connectivity is outstanding, with proximity to the B1, B3, B4, B6, B64, and B82 bus lines, as well as the D and N subway lines for efficient travel across Brooklyn and into Manhattan. This turnkey multi-family asset represents an exceptional investment opportunity for buyers seeking stable cash flow, low turnover, and long-term appreciation potential in one of Brooklyn's most established and desirable residential submarkets.
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Our Executive Mortgage Banker:
$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
| 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% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,552 | $1,552 | $1,552 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,132 | $6,475 | $9,114 |
| Total Monthly Payment | $7,809 | $8,152 | $10,791 |
* 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.