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Prime mixed-use development opportunity in the heart of Flatbush.
2809 Church Avenue is a vacant mixed-use property situated on a 19' x 137' lot totaling approximately 4, 376 square feet along one of Brooklyn's most active commercial corridors. Located within an R6/C1-3 zoning district, the property is currently improved with approximately 2, 709 square feet and features a current FAR of approximately 0. 62, presenting potential future development, expansion, or repositioning opportunities subject to purchaser verification and all applicable approvals.
Delivered vacant, this property offers immediate flexibility for investors, developers, owner-users, and mixed-use operators seeking a strategic location in a growing Brooklyn market. The property's generous lot depth, commercial exposure, and proximity to transportation, shopping, dining, and neighborhood amenities further enhance its appeal.
Conveniently located near major transit options and surrounded by established residential and commercial uses, 2809 Church Avenue represents a unique opportunity to acquire a well-positioned asset with significant long-term potential.
Property will be delivered vacant. All dimensions, square footage, zoning information, FAR calculations, and development potential should be independently verified by purchaser and purchaser's professionals.
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:
$1,895,000
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 | $1,516,000 | $1,516,000 | $1,516,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,489 | $9,211 | $12,691 |
| Total Monthly Payment | $8,614 | $9,336 | $12,816 |
* 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.