A rare opportunity to own a spacious one-bedroom unit in thriving, architecturally stunning Prospect Lefferts Gardens at an unbeatable price! Steps away from vibrant Prospect Park and multiple train lines. Showing by appointment only, please reach out to listing broker.
Key Features:
Spacious Layout: 650 sq. ft. with high ceilings, large living room, eat-in kitchen, queen-sized bedroom. large entrance foyer with 2 closets.
Potential Upgrades: Customize to your taste, an option to add in-unit washer/dryer.
Low Monthly maintenance $637 (Tax, water and heat included).
Building Perks:
Professionally managed HDFC co-ops building. Basement storage on premise (small fee applies)
Co-purchasing and gifting permitted.
Subletting permitted after 5 years with board approval. Pet friendly with board approval.
Prime Location: 2 blocks to Prospect Park. Q/B trains ( Parkside ave stop)
1 block to 2/5 trains.
20 minutes to Soho. 30 minutes to mid town.
Surrounded by new restaurants, bars, coffee shops.
Income Eligibility: HDFC Income restrictions apply, please contact listing broker for more information.
Some photos are virtually rendered.
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,519 | $1,482 | $1,871 |
Total Monthly Payment | $1,594 | $1,557 | $1,946 |
* 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.