Brooklyn (Crown Heights), NY, 11216 | $330,000

Welcome to 88 Brooklyn Avenue Unit D5. Here is your chance to finally own an affordable piece of Brooklyn with unbelievably low maintenance. Bring your licensed architect and contractor in tow to make this Crown Heights pre-war spacious one-bedroom co-op the home of your liking. This unit is located on the third floor with southern exposures to drench you with light. The unit features an expansive entry foyer, high ceilings, original parquet flooring, a full-size bedroom, a windowed eat-in kitchen, and a full bath. This property is also convenient to transportation and renowned locations like The Brooklyn Children's Museum and Brooklyn Botanic Garden. Enjoy the celebrated Crown Heights eateries that New York Magazine names the absolute best restaurants like Uotora, Gloria's Caribbean Cuisine, Anni, and Colina Cuervo. It's time to move right in or indulge your creativity and make the updates for the home you've always wanted. Please note that this is an HDFC CO-OP, and income restrictions may apply.

Features

  • Town: Brooklyn
  • Cooling: Other
  • Levels: 4
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: 114.000000x60.000000
  • Laundry: Building Washer Dryer Install Allowed,In Unit
  • Year Built: 1905
  • Common Charge: $585 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Lot Desc: Corner Lot
  • Pet Policy: Building No,Cats OK,Dogs OK
  • MLS#: COMP-171404448590099
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/COMP-171404448590099/88brooklynavenue_brooklyn_ny?source=qrflyer
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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
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  • 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 (Crown Heights), NY, 11216

$330,000

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 $264,000 $264,000 $264,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,756 $1,755 $2,226
Total Monthly Payment $1,831 $1,830 $2,301

* 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.