Grab a piece of urban legend in this Breathtaking 1928 Pre-War Hotel. The Dearborn has been rumored to be the away hotel for visiting teams playing the Brooklyn Dodgers for years. As soon as you open the cast-iron doors, you are met with a gorgeous Art-Deco-inspired lobby and a beautiful courtyard maintained as a labor of love by the shareholders. The apartment features an open stainless steel kitchen with a center island that makes it easy to enjoy sunset along with entertaining guest in your living room. This apartment is in turn key condition and subtly touches to the bathroom would make the apartment perfect. Located directly between the President and Sterling Street 2/5 train stations make it quick to get to Barclay’s Center/Downtown Brooklyn and Manhattan. Prospect Park, Brooklyn Botanical Garden, and Grand Army Plaza are nearby for enjoyment. The Dearborn is surrounded by several restaurants close to the building. Here are some favorites Cafe Rue Dix on Bedford, Chavela’s on Franklin, Allan’s Bakery on Nostrand, and Glou on Rogers
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $436,000 | $436,000 | $436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,937 | $2,898 | $3,677 |
Total Monthly Payment | $3,029 | $2,990 | $3,769 |
* 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.