CONTRACT ASSIGNMENT OPPORTUNITY FOR A CASH BUYER!
PLEASE READ:
Current buyer is under contract and is prepared to assign the contract at a FIXED PRICE OF $1. 9MM.
NOTE: The transaction must be conducted entirely in cash.
Could this be the last affordable house in Brooklyn?
Have you been for a townhouse in Brooklyn thought you had no options in the current market? If so, you're not alone!
Positioned at the junction of Greenwood Heights and Park Slope, but still in the 11215 zip code, 684 6th Avenue represents one of the last opportunities in a marketplace primarily filled with properties constructed for others at exorbitant prices, offering a compelling and affordable chance to create your ideal home, customized to your personal preferences and needs, at the time of your choosing!
Currently configured as 3 units with a cellar, this 20x42 residence on an 80-foot lot provides 2340 square feet of living space. According to Property Shark, the property may include an extra 864 square feet of FAR.
Indeed, this attractive and budget-friendly opportunity to design and build your perfectly located dream home, tailored to your unique tastes and specifications, is a surefire way to achieve your dream residence without compromising on location and keeps you on this side of the bridge!
Additionally, this opportunity gives innovative developers and builders of all types a chance to respond to New York's insatiable appetite for luxurious residences and meet the demand for finished townhomes under the $3MM mark.
For a virtual tour, bookings and floor plan, kindly watch the video provided.
All prospective buyers should verify the information provided.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,900,000
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 | $1,520,000 | $1,520,000 | $1,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,750 | $9,733 | $12,930 |
Total Monthly Payment | $8,875 | $9,858 | $13,055 |
* 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.