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Welcome to 2524 West St, Brooklyn, NY 11223, a well-maintained, 3-family property in the heart of Gravesend. With a total annual rent roll of $82, 200, this home is an excellent investment opportunity for those looking to invest or live in one unit while generating rental income. This spacious property features a 1-bedroom, 1-bathroom unit on the first floor, a 3-bedroom, 2-bathroom unit on the second floor, and a 3-bedroom, 2-bathroom unit on the third floor. An attached garage provides convenient and secure parking, a valuable feature in Brooklyn. The home has been extremely well maintained, with brand-new windows that enhance energy efficiency and aesthetics. A fresh concrete job surrounding the property adds to its curb appeal. Located in Gravesend, one of Brooklyn’s most desirable neighborhoods, this property offers easy access to public transportation. The Avenue X [F] train station is just a short distance away, providing a quick commute to Manhattan and other parts of Brooklyn. For drivers, the Belt Parkway is easily accessible, making travel around the city seamless. Residents will enjoy being close to McDonald Playground and Gravesend Park, ideal for outdoor activities and relaxation. This turnkey property provides strong rental income in a prime location. Whether you’re an investor looking for a high-yield opportunity or a homeowner seeking a property with rental potential, this home is a great choice.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
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 | $1,596,000 | $1,596,000 | $1,596,000 |
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% | 6.727% | 6.183% |
Monthly Tax Payment | $1,045 | $1,045 | $1,045 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,062 | $10,219 | $13,468 |
Total Monthly Payment | $10,232 | $11,389 | $14,638 |
* 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.