Best Value Convertible 2 Bedroom in Clinton Hill! Not Street Level! Garden Facing! Welcome to residence 1D, a meticulously maintained gem in the heart of Clinton Hill, Brooklyn – a true standout in terms of value! This west-facing home is not to be missed! Upon Entering the home you will immediately be greeted by the solid hardwood floors. The windowed kitchen features stone counters, white cabinets and full suite of appliances (including Dishwasher and Microwave). A separate dining nook provides the ideal space for your table and chairs, leaving the spacious living room free for both entertaining and relaxation. The West Facing Windows overlook the beautifully landscaped courtyard providing serenity and insulation from the sounds of the city. The oversized bedroom offers the ultimate versatility. Whether you choose to maintain its current layout or explore the potential for conversion into two separate rooms, the possibilities are endless. Refer to the alternate floor plan for inspiration. With maintenance fees at just $944. 28 per month, residence 1D presents an extraordinary opportunity that should not be overlooked. This well-maintained pre-war elevator co-op at 360 Clinton Avenue, constructed in 1928, comprises 96 units and boasts a live-in super, a Butterfly Video Intercom System, central laundry room, and two common courtyard spaces. Additional amenities include bike storage and cage storage (available for rent). Pet-friendly and with no flip tax, the co-op allows pied-à-terres, gifting, and co-purchasing, subject to board approval on a case-by-case basis. Financing up to 80% is permitted. Situated at 360 Clinton Avenue along Clinton Hills tree-lined Mansion Row, you’ll enjoy a central location with easy access to multiple green spaces such as Fort Greene Park, Prospect Park, and Underwood Park. Commuting is a breeze with the G and C Clinton-Washington Stations nearby, along with additional options at the Atlantic Terminal. Entertainment hubs like Barclays Center, BAM, and the Brooklyn Navy Yard are all within reach, and you’ll be surrounded by some of the city’s finest bars, cafes, and restaurants. Don’t miss out on this incredible opportunity! Note: Some Images are virtually staged
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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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,762 | $3,714 | $4,816 |
Total Monthly Payment | $3,854 | $3,806 | $4,908 |
* 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.