**Mint Renovated - Massive Oversized 25-foot-wide 6,000 Sqft Fully Renovated 4 Family Townhouse in the heart of South Williamsburg**
Located on one of the best blocks in all of South Williamsburg, South 9th Street, this unusually large Building is a rare and special Investment Opportunity.
Containing four separate floor-through apartments, each huge and oversized two bedroom apartment is newly renovated. All four apartments feature Stainless Steel Appliances, recessed lighting and chandeliers. Newly installed hardwood floors and tons of natural light from the wide windows come together to create a warm, inviting living space.
The garden level apartment boasts exclusive access to an extra-large garden, unheard of in NYC, 25 x 60 feet and beautifully landscaped to provide a peaceful oasis amidst the bustle of the city.
The vestibule and common areas of the building have been fully renovated in the last two years and all of the units are in immaculate condition.
Just a few minutes walk from Broadway, this ideal location offers close proximity to 5-Star restaurants such as Peter Luger Steak House as well as innumerous shopping and entertainment options.
The Marcy Ave JMZ stop is an easy 8 minute walk away, in addition to being only two blocks from several major bus lines.
Williamsburg, located in the borough of Brooklyn, borders Greenpoint to the north, Bedford-Stuyvesant to the south, Bushwick, East Williamsburg, and Ridgewood (Queens) to the east, and Fort Greene to the West. Williamsburg has rapidly evolved from a manufacturing neighborhood in the mid-1990s to the gentrified and highly sought-after real estate destination it’s known for today. Known for its vibrant nightlife, art scene, and its ever-expanding food scene, Williamsburg is an ideal fit for the artistically inclined (not to mention the hipster generation). With its proximity to Lower Manhattan, Williamsburg has emerged as the preferred home base for many young workers in New York City.
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