Brooklyn (Carroll Gardens), NY, 11231 | $3,350,000
NEW ON MARKET! Live/ Work/ Invest - Own a piece of Carroll Gardens while collecting rent from 4 rentals! Built in 1900, this well-kept and fully updated pre-war FIVE-family walk-up building may be your Carroll Garden dream investment/ home! Conveniently situated right off Court Street in prime Carroll Gardens, 172 Huntington Street consists of 1 large duplex home, 1 one-bedroom and 3 alcove studios. Collect free market income from all 5 apartments or live in the ~1, 800 sf owner's duplex and use the remaining rental income towards your mortgage payments! The owner's garden duplex is currently configured as a large two bedroom apartment with a finished basement and landscaped backyard and can be delivered vacant! A one bedroom apartment and three alcove studios on each of the second and third floors create a total of 5 units. The building is complete with a landscaped backyard. The building features an intercom system, steam/radiator heat, and 6 separate gas and electric meters. Best of all, this building can be delivered fully occupied with great tenants. No time or money wasted trying to rent the apartments. The rentals are leased at market rent. Priced under $1, 200 per square foot and with real estate taxes ~$726 per month, this building won’t last long. Additional FAR available for those interested in expanding the building. Close proximity to Smith/9th Street F/G train and all the fantastic restaurants, shopping, entertainment, and amenities Carroll Gardens has to offer! Want more photos and detailed information on this unique investment opportunity? Contact us today!
Features
- Town: Brooklyn
- Heating: Natural Gas
- Levels: 3
- Rooms: 8
- Bedrooms: 6
- Baths: 6 full
- Lot Size: 20.000000x100.000000
- Laundry: See Remarks
- Year Built: 1900
- Approx Sq. Feet: 3,580
- Est. Taxes: $8,712
- Pet Policy: Building No,Cats OK,Dogs OK
- MLS#: COMP-156318948170893
- Days on Market: 151 days
- Website: https://www.raveis.com
/prop/COMP-156318948170893/172huntingtonstreet_brooklyn_ny?source=qrflyer
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.Listing courtesy of Compass Phone: (212) 913-9058
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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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
Brooklyn (Carroll Gardens), NY, 11231
$3,350,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,680,000 | $2,680,000 | $2,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
| Monthly Tax Payment | $726 | $726 | $726 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,428 | $16,720 | $22,797 |
| Total Monthly Payment | $16,279 | $17,571 | $23,648 |
* 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