Open House Schedule
MARK YOUR CALENDARS! There are ONLY 2 opportunities to view this property. You MUST attend one of these scheduled times. Access will be given to 2 vacant units ,and basement/roof. Tenants can not be disturbed.
This is an auction property! Please do your due diligence & read all attached info.
This 6 family building in highly sought after-super convenient East Williamsburg will be sold via Public online Auction: Bidding opens 4/22 @Noon & Ends +/- 4/24/25 12PM (approx). Price of property exclusively reps the suggested opening offer & not price of property. Sold "as-is". Great opportunity for buyer that does their homework & looking to purchase a multi family with 2 vacant units in prestigious Williamsburg. There are 2--2 Br units, 4-1 BR units, 6 gas meters, 7 electric meters. Zoned R7A. See attached docs Unit 2R is vacant & free market/de-regulated .Brick building that has been lovingly maintained. Close to LTrain on Grand Street & Lorimer St, where you can access the G&L Trains. Please read all VERY IMPORTANT info attached,
Basement:
Common, Full, See Remarks, Storage Space
Utilities
Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Connected
240 Powers Street, New York, (Brooklyn), NY, 11211
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB