*New Price* 64 Putnam Avenue is a turn-key, 20' wide, three-family brownstone townhouse in Clinton Hill, close to both Bed-Stuy and Prospect Heights. With all three units free-market--a spacious triplex apartment and two, 2-bedroom floor-through apartments--this brownstone is perfect for either investors seeking a solid investment or end-users dreaming of Brownstone Brooklyn living with great passive income potential. Enter the triplex and be dazzled by the details: exposed brick, stunning floating staircase and gorgeously updated kitchen. There is custom wood trim and hardwood oak floors throughout, a generously-sized living room, dining area, open kitchen, powder room and corten steel glass door inviting you out to a south-facing backyard with bluestone pavement and bamboo plantings lining the walls. The lower level of this unit has charming exposed brick and beams and its own separate entrance to the backyard. On this level is a full bath, laundry area and is ideal for a home office, additional bedroom/guest suite, or casual entertainment area. Up two flights to the parlor level: there is a sunny primary bedroom with large walk-in closet and ensuite bath with clawfoot tub and separate shower. The second bedroom--currently configured as a home office--has its own full bath. This triplex has split units throughout. The upper two units are 2BR/1BA floor-through apartments, both with wonderful natural sunlight, exposed brick, hardwood floors, baseboard heat and Unit 2 has its own washer/dryer in-unit. 64 Putnam Avenue is on a 20' x 80' lot and is in a terrific location: close to both Pratt and St. Joseph's, the C train at either Franklin or Clinton/Washington Av, the G train at Classon Av, neighborhood favorites Hartley's, Bati, The Fly and the shops, boutiques and restaurants of Washington and Vanderbilt Avenues. This brownstone has everything going for it: strategic location with steady rental income potential, on a tree-lined street, close to amenities that make for idyllic Brooklyn Brownstone living.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $2,560,000 | $2,560,000 | $2,560,000 |
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 | $14,535 | $15,762 | $21,259 |
Total Monthly Payment | $14,660 | $15,887 | $21,384 |
* 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.