The builder of renowned NYC restaurants (Balthazar, Pastis, Diner, Marlow & Sons, Reynard and The Ides at the Wythe Hotel) presents this turnkey Hudson 4-family, just minutes to Warren Street. The 4 completely renovated units include 2 separate buildings with 5 residential floors featuring new windows, appliances, updated baths and kitchens plus other upgrades. All units separately metered. Off street parking for 4 cars. The rear carriage house has been thoughtfully converted into a two bedroom, loft-style, duplex apartment with a 2 bay garage. True 7% cap rate. All units are separately metered. New renovations also include new roof and electric service. - Full Renovation of 3 apts in the Main House- Full Gut Renovation of the Rear Carriage House. - New Kitchens, Full Baths with Tubs in All Units. - Dishwashers and Washer/Dryers in All Units. - New Roofs on Both Houses. - All New Windows and Insulation where possible. - New Water Lines to the House as well as New Water Treatment System- New Heating Systems. 1st and 2nd Fls & Carriage House (3rd Fl existing electric baseboards). - New Electric Service to Both Houses. Property includes additional vacant 0. 13 acre parcel at 6 Carle Ave. Use it for additional parking, out buildings or additional housing units (with approval) Ask for details.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,882 | $6,463 | $8,673 |
Total Monthly Payment | $6,007 | $6,588 | $8,798 |
* 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.