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Welcome to this prime multifamily opportunity in the heart of Bensonhurst, Brooklyn! This classic brick facade home, nestled on a tree-lined street, offers immense potential for customization-whether you're seeking to unite the three units into a spacious single-family residence or generate rental income as an investment property. The building boasts a generous sidewalk frontage, ample on-street parking, and private rear parking area. Natural light illuminates the home through numerous windows with northern, western, and southern exposures.
The ground floor unit features formal living and dining rooms, two bedrooms, a full bathroom, and a kitchen with a convenient side entry from the driveway. Upstairs, the second floor hosts two units: the front unit includes a kitchen, full bath, and two bedrooms-with the middle bedroom flexible for use as a living or dining space-while the rear unit also has a kitchen, full bath, and two bedrooms. A large unfinished basement with a half bath and walk-out cellar doors offers exciting options for recreational or storage use.
Situated directly across from Edward B. Shallow Junior High School, this home benefits from its proximity to excellent neighborhood amenities and public transportation. Multiple subway lines, including the D, N, and W lines, provide easy access to Manhattan, other parts of Brooklyn, and Coney Island, while nearby bus routes and proximity to Verrazzano Bridge add further convenience.
Bensonhurst's vibrant community atmosphere includes local parks including a fantastic playground a few blocks away, shops, restaurants, and cultural institutions, making this an ideal location for commuters and a variety of lifestyles. Don't miss the chance to invest in this versatile, well-located property with endless possibilities.
Tax estimate provided by seller's estate. Tax rates should be verified by buyer. Some photos have been digitally renovated and/or staged using AI to show home's potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,599,000
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 | $1,279,200 | $1,279,200 | $1,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,263 | $8,191 | $10,881 |
Total Monthly Payment | $7,388 | $8,316 | $11,006 |
* 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.