Brooklyn (Bedford-Stuyvesant), NY, 11206 | $2,400,000
**Delivered Vacant ~ 3. 5% CAP rate (conservative)* Welcome to this impressive 4-family townhouse located at 351 Vernon Ave in the heart of Brooklyn, NY. This remarkable property offers a total of 2, 996 square feet of living space, with four 3-bedroom rental properties totaling 12 bedrooms and 4. 5 bathrooms. This classic brownstone, low-rise building boasts an elegant design and features hardwood floors throughout. The property is bathed in natural light, with northeastern and southern exposures, creating a warm and inviting atmosphere. Enjoy the convenience of a private terrace, perfect for relaxing or entertaining, as well as a spacious backyard for outdoor activities. Inside, the home is equipped with forced air heating, central air conditioning in the owners unit on the 2nd floor, and laundry is located in the basement for added convenience. The basement provides an abundance of additional storage space. Situated in a prime location, this stunning townhouse presents a unique opportunity to own a versatile property in one of Brooklyn's most sought-after neighborhoods. Don't miss the chance to make this exceptional property your own. Just one block from the Myrtle Ave J, M, Z train stop. This well maintained property includes a private sunny backyard, high ceilings and very large windows. Schedule a showing today and experience the potential of 351 Vernon Ave. Revenue/expense sheet available upon request.
Features
- Town: Brooklyn
- Rooms: 20
- Bedrooms: 12
- Baths: 4 full / 1 half
- Units: 4
- Lot Size: 20.000000x80.000000
- Laundry: Common Area,Laundry Room,See Remarks
- Style: Walk-Up
- Year Built: 1931
- Heating: Forced Air
- Cooling: Other
- Approx Sq. Feet: 2,996
- Lot Size: 20.000000x80.000000
- Est. Taxes: $2,280
- Pet Policy: Building Yes,Cats OK,Dogs OK
- MLS#: COMP-166480799961716
- Days on Market: 13 days
- Website: https://www.raveis.com
/prop/COMP-166480799961716/351vernonavenue_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 Compass Phone: (212) 913-9058
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
- 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
Brooklyn (Bedford-Stuyvesant), NY, 11206
$2,400,000
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 | $1,920,000 | $1,920,000 | $1,920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.003% | 6.234% | 5.805% |
| Monthly Tax Payment | $190 | $190 | $190 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,602 | $11,666 | $15,816 |
| Total Monthly Payment | $10,917 | $11,981 | $16,131 |
* 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