Opportunity for a developer to build upon a 3,000 square foot lot in prime Prospect Lefferts just right outside the Lefferts Manor Landmark district. What's special about this opportunity is the c2-3/r6 zoning, allowing a developer to build a ground commercial space with residential units above. With max facility FAR, its possible to get 14,000 square foot structure. Combine this with the adjacent property next door at 232 Maple Street, which is also for sale, and you have a very prime development site, in a very sought after area where condos easily sell for well above one million dollars.
236 Maple Street, Brooklyn, (Prospect Lefferts Gardens), NY, 11225
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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