Fully Renovated Four- Investment Opportunity with Strong Potential
An exceptional opportunity to acquire a meticulously renovated four- brick building offering the perfect combination of immediate cash flow, low maintenance ownership, and long-term investment potential. Every apartment has been thoughtfully updated with modern finishes, allowing a new owner to enjoy a turnkey asset with minimal capital improvements required.
The property consists of four beautifully renovated apartments, featuring a desirable unit mix of two spacious three-bedroom residences on the upper floors and two well-appointed two-bedroom residences on the lower floors. One of the two-bedroom apartments is currently vacant, providing the ideal opportunity for immediate owner occupancy or the ability to lease at current market rents.
Each residence showcases a consistent, contemporary design with:
Recently renovated modern kitchens featuring updated cabinetry, countertops, and fixtures
Stylish renovated bathrooms with contemporary finishes
Beautiful wood flooring throughout
Energy-efficient mini-split heating and air conditioning systems in every apartment
Bright, functional layouts designed for comfortable everyday living
In addition to the residential units, the building offers a partially finished basement with a separate entrance, providing valuable bonus space with excellent flexibility for storage, recreation, workspace, or future possibilities (subject to local regulations and approvals).
The property is further enhanced by an enclosed front yard, creating an attractive buffer from the street while adding curb appeal and a welcoming entrance for residents.
Property Highlights
Four- brick building
Two 3-bedroom, 1-bath apartments
Two 2-bedroom, 1-bath apartments
One vacant apartment available for immediate viewing
All apartments recently renovated
Modern kitchens and contemporary bathrooms
Hardwood flooring throughout
Mini-split heating and cooling systems in every unit
Partially finished basement with separate entrance
Enclosed front yard
Turnkey investment with minimal deferred maintenance
Whether you're an investor seeking a stable, -producing asset or an owner-occupant looking to offset your housing costs with rental , this beautifully updated multifamily property offers outstanding value, modern finishes throughout, and excellent long-term potential. Opportunities to purchase a fully renovated four- building with a vacant unit ready for immediate occupancy are increasingly rarethis is one not to be missed.
BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.
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.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:
$1,500,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.121% | 6.058% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,720 | $7,195 | $10,045 |
| Total Monthly Payment | $6,845 | $7,320 | $10,170 |
* 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.