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Welcome to 1166 Bergen Avenue, a rare three-family opportunity located in the heart of desirable Bergen Beach, Brooklyn. Whether you're an investor or an owner-occupant looking to offset your mortgage with rental income, this well-maintained property offers exceptional versatility and long-term value. The top two units each feature 3 spacious bedrooms and 1. 5 bathrooms with thoughtfully designed layouts, generous living areas, and abundant storage throughout. The ground-level apartment offers a comfortable 1-bedroom, 1-bathroom layout, perfect for additional rental income or extended family. The home also includes a full unfinished basement & 1 car attached garage, providing endless possibilities for storage or future use. The natural gas heating system has been recently serviced and inspected for added peace of mind. Step outside to your private backyard oasis featuring beautifully landscaped grounds, a spacious deck perfect for entertaining, and a stunning brand-new above-ground pool—ideal for relaxing and enjoying the warmer months. With exceptionally low taxes of just $8, 984 per year before STAR or other applicable exemptions, this is an outstanding opportunity to own a multi-family property in one of Brooklyn's most sought-after waterfront communities. Conveniently located near parks, shopping, dining, transportation, and everything Bergen Beach has to offer, 1166 Bergen Avenue is an investment in both lifestyle and future potential. Please note, these photos have been enhanced for appearance reasons & personal matters.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,588,888
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 | $1,271,110 | $1,271,110 | $1,271,110 |
| 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 | $749 | $749 | $749 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,217 | $7,621 | $10,726 |
| Total Monthly Payment | $8,091 | $8,495 | $11,600 |
* 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.