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421 Crown Street, #16R, Brooklyn (Crown Heights), NY, 11225 | $465,000
Discover your next home in this beautifully updated two-bedroom, one-bath HDFC co-op apartment, perfect for those seeking comfort and convenience in a prime location. Each bedroom is generously sized to accommodate king-sized beds and features custom closets, ensuring ample storage space for all your needs. The apartment has been thoughtfully upgraded with hardwood floors throughout, adding a touch of elegance and ease of maintenance. Nestled in a well-maintained cooperative building, residents enjoy the peace of mind that comes with living in a secure and caring community. The HDFC status of this co-op means that it comes with income restrictions to ensure affordability; for a household of one, the income cap is $112, 080, for two people it's $128, 600, and for three people, the limit is set at $144, 120, making it an excellent opportunity for eligible buyers. Location is key, and this apartment does not disappoint. Situated in a vibrant area, you're just a stone's throw away from convenient transportation options, making your commute and travels a breeze. Whether you're looking to explore the city or simply need a quick and easy route to work, this location has you covered. If you're in the market for a space that combines modern updates, spacious living, and an unbeatable location, all within an affordable co-op structure, look no further. This is an opportunity not to be missed for eligible buyers ready to enjoy the benefits of cooperative living
Features
- Town: Brooklyn
- Parking: None, Other
- Heating: Other, See Remarks
- Cooling: Central Air
- Rooms: 5
- Bedrooms: 2
- Baths: 1 full
- Complex: 421 Crown Street
- Year Built: 1923
- Approx Sq. Feet: 806
- Est. Taxes: $0
- Middle School: Elijah Stroud Middle School
- High School: Brooklyn Academy Of Sci & Environ
- School District: Community District 17
- Pets Allowed: No
- MLS#: 3531885
- Days on Market: 281 days
- Website: https://www.raveis.com
/prop/3531885/421crownstreet_brooklyn_ny?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
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- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
421 Crown Street, #16R, Brooklyn (Crown Heights), NY, 11225
$465,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $372,000 | $372,000 | $372,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,475 | $2,472 | $3,137 |
| Total Monthly Payment | $2,550 | $2,547 | $3,212 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535