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Discover an exceptional investment opportunity in East New York-680 Hendrix Street, a two-family townhouse, offered at $1, 250, 000, with the adjacent vacant lot at 682 Hendrix Street. The 20' x 100' lot comes with 2, 500 square feet of buildable FAR, presenting endless potential for expansion, development, or outdoor space customization.
The townhouse itself is a well-appointed two-family residence, ideal for end-users or investors. The owner's duplex welcomes you with an open-concept living and dining area bathed in natural light from two oversized windows. The kitchen is equipped with a full suite of stainless steel Samsung appliances, offering both style and functionality. A hallway leads to two well-proportioned bedrooms, including a primary suite with an en-suite bath and multiple exposures. The secondary bedroom comfortably accommodates full bedroom furnishings. A closet with washer/dryer hookup doubles as additional storage space. A stairwell leads down to the spacious recreational level, which provides direct access to the expansive backyard.
The top-floor rental unit features three well-sized bedrooms and two bathrooms, providing a comfortable and functional layout. The kitchen is equipped with a full suite of stainless steel appliances, making it move-in ready for tenants or an extended household.
Included in the sale is the adjacent vacant lot at 682 Hendrix Street, offering a rare opportunity for expansion or new development. The 20' x 100' lot is zoned R5/C2-2, allowing for a range of residential and commercial possibilities. Whether you choose to build an additional multi-family residence, create a private outdoor oasis, or explore commercial potential, this additional parcel of land provides significant long-term value. Both properties are being sold together for $1, 250, 000, making this a compelling investment in a rapidly evolving neighborhood.
Ideally situated in East New York, this property offers easy access to multiple transportation options, including the A, C, J, Z, L, and 3 subway lines, as well as several bus routes, ensuring a quick commute into Manhattan and throughout Brooklyn. The neighborhood is home to a growing selection of local cafes, restaurants, and shops, with favorites like Fusion East, Lindenwood Diner, and the historic Highland Park offering green space, walking trails, and city views.
Inquire today for more details or to schedule a private showing!
Represents current configurations, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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---|---|---|---|
Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.637% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,582 | $5,031 | $6,771 |
Total Monthly Payment | $4,674 | $5,123 | $6,863 |
* 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.