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Welcome to 1068 East 86th Street, a beautifully renovated three-family home situated on a quiet, tree-lined block in the heart of Canarsie. This turnkey property offers an outstanding opportunity for both homeowners and investors, featuring nine bedrooms, four full bathrooms, private parking, and spacious living throughout.
Each of the three residential units offers a beautifully renovated three-bedroom, one-bathroom layout with bright, functional living spaces and tasteful updates throughout. In addition, every floor includes its own convenient half bathroom, providing extra comfort for everyday living. The finished basement features an additional one-bedroom layout with a half bathroom, making it an ideal space for recreation, entertaining, a home office, or extensive storage.
Whether you're looking for a strong income-producing investment, a multigenerational home, or the opportunity to live in one unit while collecting rental income from the others, this property offers exceptional flexibility and value.
Perfectly positioned near neighborhood parks, schools, shopping, restaurants, public transportation, and major roadways, 1068 East 86th Street combines the charm of a quiet residential block with the convenience of everything Canarsie has to offer.
Move-in ready, beautifully renovated, and offering incredible versatility, 1068 East 86th Street is a rare opportunity to own a standout multifamily home in one of Brooklyn's most established neighborhoods.
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:
$1,200,000
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 | $960,000 | $960,000 | $960,000 |
| 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 | $398 | $398 | $398 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,376 | $5,756 | $8,036 |
| Total Monthly Payment | $5,899 | $6,279 | $8,559 |
* 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.