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78 Kingston Avenue, Brooklyn (Crown Heights), NY, 11213 | $1,995,000
VIDEO TOURS, Cap Rate/Setup Sheet & Occupancy available upon request.
Welcome to 78 Kingston Avenue, a 26. 5 wide four-family investment property located in the vibrant neighborhood of prime Crown Heights. This extra-large, 4-story building offers an excellent layout of (4) free-market units, all full floor 3-bedroom apartments. It includes:
Building Features:
-Building Size: 26. 5' x 40' SF: 3, 940
-A 26. 5' wide footprint with full floor apartments, giving every unit a spacious layout
-(4) Large 3-bedroom apartments with eat-in kitchens.
-Each unit boasts a full floor, ample natural light and very comfortable living spaces.
-Building has beautiful pre-war detail, is well-maintained and updated.
-Building includes shared washer/dryer, storage lockers and bicycle storage.
-Upgraded building electrical
-Strong rental demand in Crown Heights
-Low annual tax rate
Neighborhood Features:
Located by public transportation: C at Kingston Ave and A, C, 2, 3, 4, 5, LIRR at Nostrand Avenue, and the B43 bus at your doorstep. Crown Heights is known for its trendy cafes, restaurants, and parks. The property is near popular attractions such as Prospect Park, Brooklyn Museum, and Brooklyn Botanic Garden. Don't miss out on this exceptional investment opportunity in one of Brooklyn's most burgeoning neighborhoods.
Features
- Town: Brooklyn
- Amenities: Bike Room; Garden; Laundry Room; Common Storage;
- Rooms: 20
- Laundry: InUnit
- Year Built: 1931
- Cooling: Unknown Type
- Building Access : Walk-up
- Service Level: Voice Intercom
- Built Size: 26' wide
- OLR#: RPLU33423105515
- Days on Market: 72 days
- Website: https://www.raveis.com
/prop/RPLU33423105515/78kingstonavenue_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 Corcoran Group
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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
78 Kingston Avenue, Brooklyn (Crown Heights), NY, 11213
$1,995,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,596,000 | $1,596,000 | $1,596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,062 | $9,827 | $13,253 |
| Total Monthly Payment | $9,187 | $9,952 | $13,378 |
* 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