Welcome to a rare find in the historic neighborhood of Brooklyn Heights! This pre-war apartment, located at 155 Hicks Street, offers a unique opportunity to own in a landmark building with charm and character. In its original condition with high ceilings and decorative fireplace, this apartment presents the perfect canvas for a custom renovation. Nestled in a vibrant and storied neighborhood, this residence is a treasure waiting to be discovered and reimagined. With the buyer's own architect, this property can be transformed into a bespoke urban retreat. The current configuration features separate spaces for bedroom area with ample storage and closet spaces; and an additional unique alcove space with built-in shelving which could be converted into a home office, yoga room, or library for reading room. (Please refer to floor plan for details). Located in the heart of Brooklyn Heights, residents will enjoy easy access to the neighborhood’s renowned dining, shopping, and cultural attractions. With tree-lined streets and stunning views of the Manhattan skyline, this location offers the best of both worlds – a peaceful, residential feel with the vibrancy of the city, only one stop away to Wall Street with the 2 or 3 train at Clark Street. The property is also a short trip to the Brooklyn Bridge Park and also the Brooklyn Promenade, a beautiful and iconic pedestrian walkway in Brooklyn Heights. It offers stunning panoramic views of the Manhattan skyline, the Brooklyn Bridge, and the East River. The picturesque location and serene atmosphere make it a sought-after destination for those looking to experience the charm and beauty of New York City. No dogs allowed, cats permitted, no subleasing. (laundry on Montague street). While this is advertised as a one bedroom, buyers must do their own due diligence on the exact filing with the department of buildings. There is an additional assessment of $502. 50/month for 4 months running through December 2024.
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William Raveis Real Estate
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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 | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,865 | $2,791 | $3,542 |
Total Monthly Payment | $2,957 | $2,883 | $3,634 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.