FORT GREENE TOWNHOUSE Fort Green Townhouse being sold with Approved NYC DOB Plans Your Blank Canvas Awaits!! Opportunities present themselves every now and then. 357 Carlton Ave is one of them. Seller has done all the heavy lifting for you!! - Approved drawings from NYC Department of Buildings – CHECK! - Landmarks Preservation Approval – CHECK!! - NYC DOB and LPC Permit pulled – CHECK!! - Demolition Completed – CHECK!! - All structural work completed - CHECK!! This property lends itself to those willing to do a renovation project and make this home their own. The property will be delivered with all structural beams and subflooring (presently in process). This property is an ideal candidate for an acquisition/renovation loan. 357 Carlton Ave is located in the heart of Fort Greene, Brooklyn. A few steps away from Fort Greene Park and the weekend Farmer's Market, BAM, Barclay's and a host of great restaurants!! One of the largest transportation hubs in NYC is just a few blocks away. Fort Greene is one of the Coolest Neighborhoods in The World!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,199,200 | $3,199,200 | $3,199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $785 | $785 | $785 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,174 | $18,924 | $26,353 |
Total Monthly Payment | $18,084 | $19,834 | $27,263 |
* 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.