*5 Family House-Well-Maintained-PRIME GREENPOINT-Can be delivered vacant!
183 Green Street is an ideally situated 5 Family home that is an excellent value for an end-user or investor. All of the apartments are market rate and all of the current tenants are month-to-month. The building can be delivered vacant. The current rent roll is available upon request. The building can conservatively generate around $215, 000. 00 annually in rent if all units are rented at the current market prices in the area.
The building is in great condition. The apartments were renovated 7 years ago. The house is on a nice tree-lined street where each unit in the building offers the perfect combination of style, convenience and utility, along with fantastic natural light. The lush backyard is a wonderful sanctuary that just happens to be located in legendary Greenpoint.
5 Residential Units
R6B
3, 750 sf
Allowed Usable Floor Area – 5000 sf
Building Dimensions – 25 ft X 50 ft
Lot Dimensions – 25 ft X 100 ft
This is an exceedingly rare listing, well-positioned for a savvy buyer to unlock value or for someone to simply move into a beautiful house and enjoy the neighborhood. 183 Green Street is in Prime Greenpoint, in close proximity to mass transit, Manhattan Avenue and all of the conveniences of the neighborhood, from Michelin-starred restaurants to art galleries.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,300,000
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 | $2,640,000 | $2,640,000 | $2,640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,990 | $16,470 | $22,100 |
Total Monthly Payment | $15,115 | $16,595 | $22,225 |
* 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.