PRIME LOCATION TOWNHOUSE w 12 rooms // 3 APARTMENTS
BED STUY/ CLINTON HILL 3 FAMILY TOWNHOUSE
LOCATION… LOCATION… LOCATION…
3 UNITS WITH FULL BASEMENT AND GARDEN
Please email us for a property set up with the rental income and expenses. This is a property you do not want to miss.
Asking price $2M
* Apt 1: $3,200; Lease ends October 31, 2025
* Apt 2: $3,900; Lease ends July 31, 2025
* Apt 3: $3,600; 1-Year lease extension in progress, starting April 1, 2025 and ending March 31, 2026. This lease includes a 90-day termination clause. The tenant has agreed to the new rent of $3,600.
1. Current leases in place as of 2/18/2025 are $10.58k per month = $126.9k per annum.
2. 2024 Water & Sewer expense:$1.54k
3. 2024 Real Estate Tax: $12.88k
4. 2024: Insurance expense: $2.84k
438 Franklin Avenue, Brooklyn, (Bedford Stuyvesant), NY, 11238
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
