ATTENTION SAVVY HOME BUYERS, Honest Question: why would you spend A HUGE amount of money each month on a mortgage buying a condo or a 1-2 family home, or even renting? When you can live in a custom built one or two bedroom apartment with a stunning garden or rooftop terrace for less than the price of a studio rental. Why would you pay your own mortgage when you can have others do that for you. 1L VACANT - 1 Bed with Home Office | Needs Reno | Market Rent $3600 1R RENTED - Studio - Renovated - $1,758.54 2L RENTED - 1 Bedroom floor through Rent $812.76 2R RENTED - 2 bed 2 bath - Renovated - $4357 3L VACANT - 1 bed with - |Needs Reno - $3400 3R RENTED - 1 bed Floor through Rent - $855.91 Total $14,782 per month - $177,384 Annual This extremely rare unique opportunity allows home buyers to own an entire building, with the option to occupy one or both available units and receive all rental income from the remaining 5 units which covers their entire mortgage. Income per month from 5 units will be $11,630 per month. Mortgage payments with 30% down 6.75% will be $11,756 per month. Buyers can also do 25% down with 6.875% rate, the monthly principal & interest payment would be $12,742.42 per month. Since the rental income cancels out the entire mortgage, all you will be required to pay is the buildings running expenses which is only $22,378.00 a year or $1,864 per month. Yes you read it right. Your total monthly outgoing to own an entire building is less than the price of a studio rental anywhere in Brooklyn or Manhattan. NOTE: You can refinance in 2025/26 for approximately 4.5% which will give you a new monthly mortgage payment of $8,867. Completely covering any and all expenses each month and then some. You will be living in a fully renovated building in Green Point for FREE. Crazy right! We have extremely reliable, trustworthy, licensed contractors who have already successfully completed work in the building all signed off by DOB by fully renovating 1R and 2R. You can see these images online and in person. The property comes complete the approved architectural plans for 1L and 3L. Renovation Pricing: Confirmed cost to renovate 1L will be $115,000. This will be exquisite full floor 1 bed with Home Office. 10 foot ceilings, washer dryer, brick wall finish open island kitchen, east and western exposures views & beautiful garden. Confirmed cost to renovate 3L is $100,000 this will be a full floor luxury 1 bed with Home Office apartment with beautiful skylights, open island kitchen, washer dryer, east and western exposures views and private roof access. Come see the newly fully renovated units 1R and 2R so you can see what your new home will look like. WHAT DO YOU NEED? $1M cash on hand. This will cover ALL the down payment, Renovation and closing costs. So have your parents get on board OR Take your money from your stocks and investments and put it to real use. Your mortgage will be fully paid off and you didn't pay a penny. It's not rocket science. It's just smart logical thinking. We will be here every step of the way to help and guide even novice buyers. This a not a transaction for us this a lifelong relationship grown from opportunistic investments opportunities The property: This expansive and meticulously maintained multi-family property, nestled in the heart of Green point, offers an exceptional opportunity for those seeking both luxury living and an astute investment. With a rich tapestry of historical charm and contemporary amenities, this magnificent multi-family residence promises a lifestyle beyond compare. Comprising six units, this property includes a stunning 2-bed, 2-bath duplex with modern conveniences like a washer-dryer and dishwasher, along with access to a beautiful garden. Additionally, there's a sun-drenched studio and four generous floor-through one-bedroom units. Building has just had a new façade, new common area and new floors installed.
Date Added: 12/07/2023 |
Last Updated: 12/25/2023 |
Page Views: 43
This charming detached Colonial is located in beautiful NE Bayside, only blocks to the LIRR, schools, shops, restaurants, Corcheron Park, and houses of worship. This lovely home features 3 bedrooms and 1.5 bathrooms on a 40 x 100 lot with a detached garage. The main floor is warm and inviting with a Living Room, Formal Dining room which is open to the kitchen, and enclosed Sun Porch with a Half Bath in the rear. The Basement is partially finished with a separate Laundry area and the Attic is walk-up, open, unfinished.
Прекрасно нововідновлений 2-family home на 4275 sqft corner lot в excelent area of Bayside. building size 26x46,Featuring 6 bedrooms, 2.5 bathrooms. Basement є повним, завершеним, з окремою освітою і має сімейну особу, лабораторію/бойлера, ванну кімнату, і цілий простір і closets через. 1st and 2nd floor each has 3 bedrooms, living room, dining room, kitchen, full bathroom. Includes private driveway and backyard. Close to shops, restaurants, schools, A block from Q31 bus stop.12 min walk to LIRR - Bayside. Close to Raymond O'Connor Park та Crocheron Park.
AMAZING NEW PRICE!!! Never will you get a price per square foot better than this. 4,242 square feet of pre-war renovated beauty. All of vibrant NoMad and NYC's top restaurants, Eataly and Madison Square Park nearby. Impeccably renovated at the famed Gilsey House. Welcome to apartment 6AB, a flawlessly combined sprawling 4,242 square-foot loft home in the heart of vibrant NoMad. Interiors have been meticulously renovated and designed for comfortable living and grand entertaining, flawlessly blending modern contemporary design and lighting with the grandeur of a pre-war building.
Living green is the ultimate luxury, and at RoseBK, weve set a new standard for eco-friendly living. Our award-winning developers have meticulously crafted this building with high-end Italian interiors and appliances, all within an exquisite, sustainable architectural framework. Every detail has been thought out. Innovative triple pane windows/ doors that produce the cleanest lines possible, frameless doors, and floating walls.
Leave behind the cookie cutter high-rises and enjoy the intimacy of a brand-new beautifully constructed one-of-kind New Development with no compromises on style and space. 661 Driggs is a stunning modern building containing a unique collection of only eight airy and light-infused condos in the epicenter of Williamsburg proper between Metropolitan and Grand avenues, where every amenity you desire is right outside your door. A luxurious and timeless design on the inside melds perfectly with a striking minimalist facade that centers around enormous curtain wall windows and superior mid-century modern inspired masonry. Enter through an intimate wood-paneled lobby into an elevator that takes you upstairs to the private residences where you will enjoy the peace and quiet of just two units per floor, and every single home enjoying its very own private outdoor space.
