This property is exclusively listed by Michael Gidaly with Douglas Elliman Real Estate -please contact for a viewing appointment.
Experience a peaceful sanctuary on Park Place, blending city living with a relaxed, park-inspired ambiance. Overflowing with natural light and perched above the lush gardens and trees in the back of property. Look no further, you have found your home providing a sense of escape while situated in the vibrant core of Crown Heights. With floor to ceiling windows, lofty ceilings, a well-designed split-bedroom layout, and an open kitchen, the home emphasizes openness and brightness. Enjoy the wonderful fresh air on your oversized balcony overlooking the lush backyard gardens.
Wood floors throughout and custom built-ins enhance the character and practicality of this charming residence. The primary bedroom is massive, perfect for those who either have or who always wanted a king bed. The kitchen is thoughtfully crafted for ease, featuring ample cabinets, stainless steel appliances, and an expansive countertop. The second bedroom offers the option for a bedroom, home office, guest room, studio space and much more. The apartment features include both shower & tub/shower, A full-size in-unit washer and dryer and dishwasher in the apartment, tons of closet space.
the apartment comes with a dedicated deeded storage space & bike storage. For those who love to entertain, enjoy the massive rooftop deck with grill for larger gathering with those closest with you
765 Park Place is a pet-friendly, professionally managed condo offering a 421-tax abatement which is in place through 2036, ensuring manageable monthly expenses for the foreseeable future.
Public transportation and neighborhood amenities are all just outside your door making this the perfect apartment to call home!
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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 | $759,200 | $759,200 | $759,200 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,251 | $4,675 | $6,304 |
Total Monthly Payment | $4,343 | $4,767 | $6,396 |
* 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.