This three family home will be delivered vacant. The house is one block from Kings County Hospital and SUNY Downstate Medical Center. This corner home has R5 zoning and is located directly between the 2/5 train stops at Winthrop and Church Avenue.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more