Welcome to apartment 4L at 638 Warren Street, an 8-unit co-op building in Brooklyn's trendy Park Slope neighborhood.
Apartment 4L is a spacious and sunny one-bedroom located on the fourth floor of the building. While the apartment awaits your personal touch, the potential is undeniable. High ceilings, over-sized windows, classic French doors and a decorative fireplace reflect the natural charm of the space.
The apartment has 2 entry points-one from the kitchen, the other from the current bedroom-located at opposite ends of the apartment. The current bedroom overlooks quiet, tree-lined Warren Street, and accommodates sleeping and seating areas. Following the bedroom in a railroad-style layout is the large living/dining room, and then the kitchen. Whether you choose to restore or modernize, the versatile layout and generously proportioned rooms offer flexibility in transforming the space into your dream home. There is even potential to convert the apartment into a 2-bedroom, with the kitchen moved to the center, adjacent to the living/dining room, and a bedroom at each wing.
Located between 4th and 5th Avenues, 638 Warren is centrally located blocks away from Barclay's Center and Atlantic Terminal, offering preeminent destinations for shopping, dining, leisure, and transportation with multiple subway lines, Citi bike, and LIRR nearby. Indulge in Park Slope's fabulous restaurants, shops along 7th Avenue, and Prospect Park. 638 Warren Street is pet-friendly and allows subletting.
Please note this is an HDFC co-op with income restrictions for buyers.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,773 |
Total Monthly Payment | $3,019 | $3,016 | $3,865 |
* 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.