Welcome to 1250 Jefferson Avenue, Brooklyn, where this fantastic three-family townhouse awaits its new owner! This modern property is a smart investment opportunity, featuring two leased units that generate a combined rental income of $7900 per month. Unit 3: 4 bedroom - $3950/month Unit 2: 3 bedroom + deck - $3, 950/month The first-floor unit is a 2-bedroom apartment with a private backyard. It is currently vacant and presents an opportunity for the new owner to occupy or rent out. This townhouse is designed for modern living, with each unit offering comfortable and stylish accommodations. The building also includes a finished basement, providing additional space for various needs, whether it's an entertainment area or extra storage. Located in the vibrant neighborhood of Bushwick, this property is surrounded by an array of dining, and entertainment options, ensuring that residents will always have something exciting to explore. With easy access to public transportation, commuting to other parts of the city is a breeze. Don't miss out on the opportunity to own this incredible income-generating property in Brooklyn. Whether you're looking for a smart investment or a place to call home, this three-family townhouse on 1250 Jefferson Avenue is a rare find that offers both versatility and potential. *Please note, the interior square footage includes the cellar level. *Images have been virtually staged for visual representation.
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William Raveis Mortgage, LLC
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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 | $1,679,200 | $1,679,200 | $1,679,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,014 | $9,933 | $13,832 |
Total Monthly Payment | $9,139 | $10,058 | $13,957 |
* 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.