2530 Pitkin Avenue, Brooklyn (Cypress Hills), NY, 11208 | $1,080,000
Excellent mixed use Investment property. Lot size is 20X70, property size is 20X62. Each floor is 1240 square feet plus finish basement also 1240 square feet. Total is 3720 square feet usable area. R7A zoning overlay C2-4. Super low property tax, only $2206 ! 2 blocks away from C train. Featuring 1 ground floor Commercial space and two 2 bedrooms, 1 bath units on the second floor. Corner commercial space is a restaurant (very famous in the local area, can check the review online), both first floor and basement are newly renovated. Right now, second floor has rent $1750 and $1850. First floor restaurant rent is $3500. All units PAY ON TIME AND do not have leases. Both residential units can deliver VACANT. Prospective buyer should verify all information independently. DON'T MISS OUT ON THIS GREAT OPPORTUNITY!!!
Features
- Town: Brooklyn
- Rooms: 7
- Bedrooms: 4
- Baths: 2 full / 2 half
- Units: 2
- Style: Store+Dwell
- Year Built: 1900
- Heating: Natural Gas, Other
- Basement: See Remarks
- Acreage: 0.03
- Est. Taxes: $2,206
- Middle School: Academy For Young Writers
- High School: Brooklyn Lab School
- School District: Community District 19
- Appliances: Cooktop, Refrigerator
- MLS#: 3537936
- Days on Market: 236 days
- Website: https://www.raveis.com
/prop/3537936/2530pitkinavenue_brooklyn_ny?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2530 Pitkin Avenue, Brooklyn (Cypress Hills), NY, 11208
$1,080,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $864,000 | $864,000 | $864,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
| Monthly Tax Payment | $184 | $184 | $184 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,974 | $5,461 | $7,291 |
| Total Monthly Payment | $5,283 | $5,770 | $7,600 |
* 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