Nestled on Prospect Avenue in the heart of Windsor Terrace, is a distinguished brick residence, a testament to urban sophistication. With six bedrooms, four bathrooms, this remarkable home – with a total of 4, 400 Sq ft offers ample space for different floor plans to suit your needs. Approaching the property, you’re greeted by a brick facade and front yard. A gated driveway leads to a private garage, offering coveted off-street parking in the bustling city, while a manicured front yard provides a welcoming green oasis in the urban landscape. Set on a 70’ x 70’ lot – this three family home features a garage, driveway and both a front yard and a backyard measuring 1, 300 square feet for entertaining. This three family home can be easily converted into a two family with rental income or a massive one family home. Take the top two floors for yourself and have 4-5 bedrooms plus a large kitchen/dining and living room space with three bathrooms. The full basement with close to 8’ foot ceiling contains a laundry room and a bathroom and can be easily transformed into a large rec room for entertaining. The 1, 300 square foot backyard features a patio and bushes and shrubs – the perfect sanctuary to enjoy throughout the day. The house is sun drenched for most of the day with a total of 19 windows. Enter the first floor apartment to find a large living room, updated kitchen and two large bedrooms, three closets plus access to the backyard. The second floor boasts a large open concept living/dining area with six closets, a balcony and two large bedrooms. The third floor features the same layout as the second floor with a large living/dining room, six closets and two large bedrooms. Outside, the property truly shines, with a spacious backyard oasis providing a serene escape from the hustle and bustle of city life. A manicured lawn offers space for outdoor recreation and relaxation, while a paved patio area is ideal for al fresco dining or hosting summer barbecues with friends and family. With its coveted location, spacious layout, and amenities, 1195 Prospect Ave is more than just a home; it’s a sanctuary in the heart of Brooklyn, where urban living meets modern luxury in perfect harmony. Brand new garage and front doors. Roof was replaced in April of 2024. Newly paved sidewalk. Prime location with Prospect Park just a block away and close to all the neighborhood restaurants such as Della, Le Paddock, Cena and Lonesome Club. Two blocks to the local supermarket and pharmacy. Easily accessible to other areas in Brooklyn and Manhattan with F & G trains just a block away. Come and take a look this has everything you’ve been looking for
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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 | $2,280,000 | $2,280,000 | $2,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,767 | $14,038 | $18,933 |
Total Monthly Payment | $12,892 | $14,163 | $19,058 |
* 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.