Brooklyn (Prospect Park South), NY, 11226 | $500,000

Tucked away in an elegant pre-war co-op building surrounded by grand turn-of-the-century mansions, this very special junior one-bedroom (converted from a legal studio) presents a unique opportunity for a discerning buyer. In terms of location, there is simply nothing quite like this apartment on the market. The unit features a gracious entry foyer, extra-large living room with a dining nook, a separate and modernized galley kitchen with ample cabinet and counter space and a dishwasher, a large sleeping alcove with windows on two sides, and a windowed full bath. The homeowner lovingly renovated the space to create a more open feel and flow to the apartment, adding modern touches and conveniences while mimicking the pre-war architectural detail. You’ll find beautifully maintained hardwood and parquet floors throughout, original curio shelving, decorative glass panels, as well as recessed lighting, plenty of storage (three closets!), and windows with bright and leafy garden views. 1409 Albemarle is a pet-friendly elevator co-op located on a broad, esplanaded boulevard which the New York Times once called “one of the grandest residential streets in the whole city. ” The co-op offers free storage, bike room, common laundry room, live-in super, and a shared garden area. It’s convenient to the B/Q trains at both Beverley Rd and Church Ave, a few blocks to Prospect Park, and close to myriad shops and restaurants on Church Ave and Coney Island Ave as well as the Flatbush Food Co-op and the bustling commercial district on Cortelyou Rd.

Features

  • Town: Brooklyn
  • Heating: Central
  • Cooling: Other
  • Levels: 6
  • Rooms: 3
  • Baths: 1 full
  • Lot Size: 130.000000x133.330000
  • Laundry: Common Area
  • Year Built: 1938
  • Common Charge: $631 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • MLS#: COMP-169001735234683
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /prop/COMP-169001735234683/1409albemarleroad_brooklyn_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass   Phone: (212) 913-9058

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Brooklyn (Prospect Park South), NY, 11226

$500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $400,000 $400,000 $400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.708% 7.133% 6.256%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,763 $2,659 $3,373
Total Monthly Payment $2,855 $2,751 $3,465

* 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.