Welcome to your dream investment opportunity in Greenpoint, Brooklyn! This charming two-family home presents an ideal setup for those seeking a harmonious balance between living space and workspace, all within the vibrant heart of Brooklyn. Situated in the sought-after Greenpoint neighborhood, this property boasts a detached garage, perfect for transforming into your ideal work studio or creative space. Imagine the convenience of living in one unit while utilizing the adjacent unit for your professional endeavors, offering the ultimate live-work lifestyle. Each floor features a spacious 2-bedroom, 1-bathroom apartment, providing comfortable living arrangements for both residents and potential tenants. With approximately 2189 square feet of existing living space, there's ample room for relaxation and entertainment. But that's not all - the potential for expansion is limitless! With an impressive 4, 573 buildable square footage remaining, the opportunity to customize and expand the home to suit your needs is yours for the taking. Whether you envision additional living space, a rooftop oasis, or a profitable rental unit, the possibilities are endless. Bordering the trendy neighborhood of Williamsburg, you'll enjoy easy access to an array of dining, shopping, and entertainment options. Take advantage of the best of both worlds as you explore the eclectic mix of culture and amenities that both Greenpoint and Williamsburg have to offer. Conveniently located near public transportation options, commuting throughout Brooklyn and beyond is a breeze. Plus, with the renowned McCarren Park just moments away, you'll have endless opportunities for outdoor recreation and relaxation right at your doorstep. Don't miss out on this rare opportunity to own a piece of Brooklyn's thriving real estate market. Whether you're looking for a savvy investment or a place to call home, this Greenpoint gem offers the perfect blend of comfort, convenience, and potential. Schedule your showing today and make your Brooklyn dreams a reality! Built 1910, R6 Zoning, Lot 25x100 Building 25x30 Taxes $4525. 96
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
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 | $1,960,000 | $1,960,000 | $1,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.003% | 6.234% | 5.805% |
Monthly Tax Payment | $389 | $389 | $389 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,823 | $11,909 | $16,145 |
Total Monthly Payment | $11,337 | $12,423 | $16,659 |
* 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.