Opportunity for renovation or development. The following is from public record, confirm all information with you architect:
C4-4D, G zoning and Qualified Opportunity Zone. Lot is 16.67 ft x 80.83 ft with 6.02 Residential FAR, 3.4 Commercial FAR, 6.5 Facility FAR, 8109 Maximum Usable Floor Area. Approx 1800sf as built (public record of 1728sf or 16.67x36 on three stories which would be 1800sf).
Sold as-is. Will be delivered vacant. Access is limited with limited visits possible after offer is submitted.
116 4TH Avenue, Brooklyn, (Boerum Hill), NY, 11217
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.
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