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MAKE AN OFFEER | BRING ALL OFFERS 543 Miller Avenue, Brooklyn, NY 11207 2 FAM Exceptional Brick Two-Family Home with Private Driveway & Tremendous Potential Welcome to this well-maintained brick two-family home in the heart of East New York, Brooklyn. Offering generous living space, a finished basement, an oversized private driveway, and a spacious rear yard, this property presents an outstanding opportunity for both homeowners and investors. The home features approximately 18 ft x 46 ft building dimensions and a low annual tax bill of only $4, 974. Property Features: * Brick 2-family residence (Building Class B1) * First Floor: 3-bedroom apartment * Second Floor: 3-bedroom apartment * Finished basement with multiple finished rooms and a full bathroom * Rear bonus space offering flexible use for recreation, storage, home office, or hobby space* * Long private driveway with parking for 5+ vehicles * Spacious backyard ideal for entertaining and outdoor enjoyment One of the property's standout features is its location directly across from a neighborhood park, providing open views, added privacy, and a peaceful setting rarely found in Brooklyn. Location Highlights * Directly across from a park * Schools just minutes away * Convenient access to MTA buses and subway transportation * Close to neighborhood shopping and daily conveniences * Approximately 9 minutes to Gateway Center * Approximately 10 minutes to Lindenwood Diner * Approximately 25 minutes to JFK International Airport Whether you're looking to occupy one unit while generating rental income from the other, or expand your investment portfolio, this property offers exceptional flexibility and long-term value. Don't miss this opportunity to own a versatile Brooklyn property with excellent parking, strong income potential, and a highly convenient location. All uses should be verified by purchaser. Finished basement and rear bonus space are being represented as flexible-use areas and not as legal dwelling units unless independently verified.
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Our Executive Mortgage Banker:
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
| 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 | $386 | $386 | $386 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,900 | $6,231 | $8,769 |
| Total Monthly Payment | $6,411 | $6,742 | $9,280 |
* 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.