Affordable New York City Living! Located in the charming neighborhood of Gerritsen Beach, just moments away from beaches!!! This beautiful fully detach corner house, features 6 well-proportioned rooms, including an eat-in, pass-through, windowed kitchen with the dining area just adjacent to kitchen. Although we need a little TLC, the authentic detailing lends itself to the building's century-old lineage and gives you the liberty to add your unique touch. There are three spacious, inviting bedrooms and two full bathrooms. 3rd floor attic space adds flexibility and can be utilized as an additional bedroom or home office. There is a possibility of an accessory apartment with proper permits. One of the house's standout features is its private outdoor patio space great for barbecues or just your outdoor retreat. The neighborhood of Gerritsen Beach, aside from its welcoming ambiance and tight-knit community vibe, also offers a variety of local amenities. Gerritsen Beach Park along with Kiddy Beach Association and Marine Park offer beaches for your relaxation and entertainment. Proximity to public transportation ensures you're always connected to the heart of NY City while enjoying a laid-back lifestyle in your peaceful sanctuary. This home is waiting for your personal touches to make it your dream home. Don't miss the opportunity to own an affordable piece of NY City!
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,999
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,999 | $559,999 | $559,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $439 | $439 | $439 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,726 | $3,722 | $4,802 |
Total Monthly Payment | $4,257 | $4,253 | $5,333 |
* 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.