Welcome to 1B at 875 Saint Marks Avenue, a Stunning 2-Bedroom, 1-Bath Garden Oasis! Not only is this a great primary residence, but with a cap rate of 4. 5% it's a great investment, as well. Nestled on a picturesque, tree-lined street in the landmark district of Crown Heights, this two-bedroom, one-bathroom condo offers a perfect blend of pre-war charm and modern luxury. Set within a boutique, immaculately maintained pre-war condominium, this home provides both tranquility and convenience, along with its own private garden and exceptional property management team — both rare and highly coveted features. This parlor level residence boasts a clever layout and features bay windows, soaring ceilings, hardwood floors throughout, bright airy living area, and well-sized bedrooms with plenty of closet space. Enjoy year-round comfort with central a/c and heat, in-unit washer/dryer and gourmet kitchen. A true standout, the kitchen features custom blue shaker-style cabinetry, sleek oil-rubbed bronze hardware, and elegant white Ceasarstone countertops. Equipped with top-of-the-line stainless steel appliances, including a Bertazzoni range with Faber hood, Fisher-Paykel counter-depth refrigerator, and Electrolux dishwasher, this space is designed for both function and style. The stylishly finished full bathroom is a serene retreat, with a deep soaking tub, brushed nickel fixtures and wall-to-wall beveled white subway tile. Oversized extra storage is a welcomed functional bonus. The crown jewel of this residence is the spacious, private garden offering a rare opportunity to create your own outdoor sanctuary. The condo is conveniently located in the landmarked district of Crown Heights, home to a variety of fantastic shopping, recreation and dining with two large parks in the near vicinity. The location is great for transportation with the C trains at Kingston- Throop Avenues, the 3 train at Kingston Avenue and the 4 train via Eastern Parkway. Come see this beautiful home for yourself.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 6.032% |
Monthly Tax Payment | $191 | $191 | $191 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,914 | $4,242 | $5,692 |
Total Monthly Payment | $4,197 | $4,525 | $5,975 |
* 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.