1075 Prospect Place is pure potential and a restorationist’s delight! This Unique three-story, two-family 20×50 brick townhouse retains a plethora of original detail. Built in 1891 in the Queen Ann style with Neo Grec elements, 1075 Prospect place is located in Crown Heights North steps from the A/C trains and short stroll to the 2/3/4/5 trains. this special Home t is in need of some love and polish so bring your architect to make the most of this special home.
As you step inside, you’ll find the architectural features that make this townhouse noteworthy. With slate mantles, original built-in cabinetry, waist-high wainscoting, original fretwork, wall and crown molding, original shutters, French and pocket doors, and an exceptionally graceful original stairway and newel post — you’ll feel like 1891 is your future. Crown moldings adorn the high ceilings, and northern and southern exposures light up the space.
This is an incredible opportunity to make your mark on a piece of Brooklyn’s history. Whether you’re looking to renovate your forever home or seeking an excellent investment, Crown Heights is known for its architectural beauty and increasing property values. Investing in this townhouse is not only an investment in a home but also in the enduring allure of this beautiful neighborhood.
This Home is mortgage ready . very solid bones with stunning original details .
One of the most Beautiful and peaceful Blocks of Crown Heights !
Located in the Crown Heights North Historical District with the Children’s Museum and Brower Park a stone’s throw away. Crown Heights is one of Brooklyn’s most desirable neighborhoods, with incredible eateries, supermarkets and boutiques around, and excellent express trains right there. commute to midtown Manhattan is approximately 30 minutes. Subway lines convenient to the property are the 2, 3, 4, 5 and A trains. You will also find Prospect Park, The Brooklyn Museum and The Library at Grand Army Plaza in walking distance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,282 | $8,849 | $12,004 |
Total Monthly Payment | $8,407 | $8,974 | $12,129 |
* 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.