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Charming Three-Family Home in Prime Greenpoint.
Welcome to 288 McGuinness Boulevard, a rare opportunity to own a well-preserved three-family home in the heart of Greenpoint.
Whether you're an investor seeking a high-performing asset or a homeowner looking to live in one unit while generating rental income from the other two, this free-market property offers outstanding potential.
Built in 1899, this home retains its original architectural charm while offering modern comforts. High ceilings, exposed brick walls, and open floor plans define each of its three well-maintained two-bedroom apartments.
Unit Breakdown
First Floor: A spacious 2-bedroom, 1-bathroom unit featuring a private, nearly 1, 000 sq. ft. yard-perfect for outdoor living, entertaining, or gardening. This unit provides a rare urban retreat with ample space to unwind.
Second Floor: A character-filled 2-bedroom, 1-bathroom residence that blends historic charm with modern updates. Exposed brick, high ceilings, and contemporary finishes create a warm yet stylish ambiance, while large windows flood the space with natural light
Third Floor: A bright 2-bedroom, 1-bathroom home that exudes vintage appeal with thoughtful modern touches. Tall ceilings, an open floor plan, and unique architectural details make this unit both cozy and spacious, offering a perfect blend of old-world charm and contemporary convenience.
Location & Investment Potential
Set in a rapidly growing neighborhood with new waterfront parks and ongoing development, 288 McGuinness Boulevard is positioned for long-term value. The property is zoned M1-1, allowing for live/work flexibility or the potential for a storefront conversion.
With easy access to transit-including the G train (one block away) and the East River Ferry (three blocks away)-residents enjoy seamless connectivity to Manhattan and beyond. Additionally, Greenpoint's vibrant shops, cafes, and parks are just steps away, making this an unbeatable location.
Don't miss this incredible opportunity to own a gem in one of Brooklyn's most desirable neighborhoods!
Private backyard, Outdoor Space, Backyard
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,180,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $1,744,000 | $1,744,000 | $1,744,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $338 | $338 | $338 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,902 | $11,167 | $14,717 |
Total Monthly Payment | $10,365 | $11,630 | $15,180 |
* 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.