Great location in Bedford-Stuyvesant Mix used with a modern renovation done 6 years ago. It consist on 1st floor spacious boutique with high ceilings, porcelain floors and 1/2l Bath. Great for any type of business. Finish basement with 1/2 bath can be rented together with 1st floor or separately. 2nd floor 2 Bed apartment consist of 1 Bed ensuite with full bath, 2nd bedroom, 2nd Full Bath, Liv/Dr, Kitchen w/ German cabinets, quartz countertop and stainless steel appliances. Third floor 2 Bed apartment same layout as 2nd. The apartments have hardwood floors throughout, high ceilings and brick wall details. All floors have separate split units for heat and AC. Each Unit has separate gas meter. Building has 2 car Parking spaces in the back or can be converted to a patio or entertainment area. 2nd floor apartment is Vacant All other Units are currently Month to Month. Can be delivered vacant if need it. Air Rights 1, 200 Sq Ft of available space to develop.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,950,000
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 | $1,560,000 | $1,560,000 | $1,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $517 | $517 | $517 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,104 | $9,989 | $13,270 |
Total Monthly Payment | $9,746 | $10,631 | $13,912 |
* 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.