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New Construction Two-Units Plus Studio Lower Level Turnkey Investment
Newly constructed and fully electrified, 926 East 99th Street is a turnkey two-unit home in Canarsie offering immediate rental and low-maintenance ownership.
The property features a 2-bedroom, 1-bath apartment on the first floor and a 2-bedroom, 2-bath apartment on the second floor. Both units are finished with high ceilings, oversized windows, modern finishes, ducted mini-split HVAC systems, separate electric meters, individual hot water heaters, and radiant heated bathroom floors.
The fully finished cellar includes a full kitchen and three-piece bathroom, washer/dryer adding to overall convenience and offering additional flexibility and potential ADU use, subject to applicable approvals. This would allow for the ideal setup of a studio level, work space, or privacy for extended use.
Additional amenities include a fully sprinklered building, attached one-car garage, private driveway parking, and a fenced backyard.
The property is currently fully leased.
Conveniently located near the Belt Parkway and within distance of the L train at CanarsieRockaway Parkway, with easy access to , shopping, restaurants, parks, and neighborhood conveniences.
An outstanding opportunity for investors seeking immediate cash flow or buyers looking for a modern, -producing property in Brooklyn.
Reach out directly to the listing agent for a full setup.
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:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,155 | $1,155 | $1,155 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,600 | $6,076 | $8,371 |
| Total Monthly Payment | $6,880 | $7,356 | $9,651 |
* 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.