850 Saint Marks Avenue, #3A, Brooklyn (Crown Heights), NY, 11213 | $360,000

Cozy, spacious one-bedroom, one-bath HDFC cooperative apartment in the heart of Crown Heights, located in a prewar building. This apartment boasts high ceilings, ample closet space, and plenty of natural light. The building features a live-in super, on-site laundry, and shared outdoor space. It's conveniently situated next to the Brooklyn Children's Museum and Brower Park, with easy access to the Brooklyn Museum, Prospect Park, Brooklyn Botanic Garden, and the Children's Zoo. Major transportation options, including the A/C/2/3/4 and LIRR trains at Nostrand Avenue, are nearby. Please be aware that board approval is required and HDFC income restrictions apply: The maximum income is set at 140% of the Area Median Income (AMI), as determined annually by the Department of Housing and Urban Development (HUD). For 2023, the income limits are as follows: - Household of 1: $138, 460 - Household of 2: $158, 200 - Household of 3: $177, 940 - Household of 4: $197, 680 - Household of 5: $213, 500 Gifting is allowed as long as the shareholder occupies the apartment This pet-friendly apartment is shown by appointment only. Don't miss this great opportunity!

Features

  • Town: Brooklyn
  • Heating: Natural Gas, Hot Water
  • Cooling: Window Unit(s)
  • Levels: 6
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: 840-850 Saint Marks
  • Year Built: 1926
  • Est. Taxes: $0
  • Middle School: Acad For College Prep And Career Exp
  • High School: High School-Svc & Lrng
  • School District: Community District 17
  • Pets Allowed: Yes
  • Appliances: Oven, Refrigerator
  • MLS#: 3553925
  • Days on Market: 183 days
  • Website: https://www.raveis.com
    /prop/3553925/850saintmarksavenue_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Coldwell Banker American Homes   Phone: 718-206-1340

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

850 Saint Marks Avenue, #3A, Brooklyn (Crown Heights), NY, 11213

$360,000

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 $288,000 $288,000 $288,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,916 $1,914 $2,469
Total Monthly Payment $1,991 $1,989 $2,544

* 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.