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5402 Avenue O, Brooklyn (Flatlands), NY, 11234 | $960,000
Charming Two-Family Brick House in Flatlands, Brooklyn, NY Welcome to this meticulously maintained two-family brick house located in the desirable neighborhood of Flatlands, Brooklyn, NY. This beautiful corner lot property boasts a prime location with close proximity to Kings Plaza Mall, making it an ideal choice for both homeowners and investors. With its immaculate condition and thoughtfully designed layout, this property offers comfortable and convenient living for its residents. Key Features: 1. Prime Location: Situated in the heart of Flatlands, this property offers easy access to Kings Plaza Mall, a shopping and entertainment hub, ensuring you're never far from the best that Brooklyn has to offer. 2. Well-Maintained: This house is in mint condition, with a strong brick exterior that not only adds to its curb appeal but also ensures longevity and durability. 3. Spacious Layout: The house features a versatile layout, perfect for a multi-generational family or investment purposes. Basement Unit: The above-grade basement has a separate entrance and is designed as a 1 bedroom, 1 bathroom unit, providing privacy and convenience. First Floor Apartment: The 1st floor offers a comfortable 1 bedroom, 1 bathroom apartment, making it ideal for a small family or as a rental unit. Second Floor Apartment: The second floor features a generous 2-bedroom, 1 bathroom apartment, offering ample space for residents to enjoy. 4. Parking: A standout feature of this property is the private driveway to the back of the house, providing parking for at least four cars-a rare find in Brooklyn. 5. Corner Lot: Being a corner lot property, you'll enjoy extra privacy, outdoor space, and an abundance of natural light, making it a delightful place to call home. Don't miss the opportunity to own this exceptional two-family house in Flatlands, Brooklyn, offering both convenience and potential for rental income. Whether you're looking for a comfortable home with additional rental income or a savvy investment property, this house checks all the boxes. Schedule a viewing today to experience the charm and possibilities this property has to offer. House is completely Vacant. No need to worry about issues regarding this at closing! Lot Size: 100X20 Lot Sq Ft: 2000 Building Sq Ft: 3000 Taxes: $8, 603. 10 Zoning: R5 Year Built: 1960
Features
- Town: Brooklyn
- Rooms: 8
- Bedrooms: 4
- Baths: 3 full
- Units: 2
- Style: Two Story
- Year Built: 1960
- Heating: Natural Gas, Other
- Cooling: None
- Basement: Partially Finished
- Acreage: 0.05
- Est. Taxes: $8,603
- Lot Desc: Corner Lot, Near Public Transit
- Elem. School: Ps 203 Floyd Bennett School
- Middle School: Jhs 78 Roy H Mann
- High School: Brooklyn College Academy
- School District: Community District 22
- MLS#: 3503975
- Days on Market: 44 days
- Website: https://www.raveis.com
/prop/3503975/5402avenueo_brooklyn_ny?source=qrflyer
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5402 Avenue O, Brooklyn (Flatlands), NY, 11234
$960,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $768,000 | $768,000 | $768,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
| Monthly Tax Payment | $717 | $717 | $717 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,301 | $4,666 | $6,326 |
| Total Monthly Payment | $5,110 | $5,475 | $7,135 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535