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Welcome to this exceptional 3-family semi-detached brick residence in the heart of Sheepshead Bay, offering an excellent combination of luxury living and outstanding investment potential. Thoughtfully renovated within recent years, this turnkey property is in top-tier condition and ready for its next owner. Designed with both comfort and efficiency in mind, each unit features its own separate boiler and heating system, allowing occupants to control their own utilities. The property will be delivered fully vacant at closing, creating a rare opportunity for owner-occupants, multi-generational living, or investors seeking maximum rental income potential. One of the home's most desirable features is its impressive private parking setup. In addition to a private 2-car garage, the property offers a large rear parking area, accommodating 3+ additional vehicles, a rare luxury in Brooklyn. The expanded private entrance to the first-floor unit, private backyard, and beautifully maintained front yard further enhance the property's appeal and functionality. Situated in a prime Sheepshead Bay location, just moments from Avenue U, residents enjoy convenient access to supermarkets, restaurants, cafés, shopping centers, schools, and everyday essentials. Public transportation, including buses and nearby train lines, makes commuting easy, while local parks and recreational areas are just a short distance away. Whether you're looking for a premium primary residence with substantial rental income or a high-performing investment property in one of Brooklyn's most established neighborhoods, this remarkable home offers exceptional value, flexibility, and long-term upside. Rarely does a vacant, renovated 3-family property with this level of parking and convenience become available in Sheepshead Bay.
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:
$1,249,999
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 | $999,999 | $999,999 | $999,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $633 | $633 | $633 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,522 | $5,996 | $8,304 |
| Total Monthly Payment | $6,280 | $6,754 | $9,062 |
* 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.