Enjoy the rare opportunity of a large, open and spacious two-bedroom property in prime Prospect Heights. This property boasts an open plan with high ceilings, sunny south, north and east exposures. Enjoy exposed brick walls, hardwood floors throughout and ample closet storage as well as the approval for in-unit laundry. It has a flexible layout with generous-sized proportions for entertaining, work and separation of bedrooms for privacy. In addition, this layout has been easily converted to a well laid out 3-bed in the same line. This property is in a well-maintained, pet-friendly 16-unit coop building. The coop comprises two buildings, totaling 32 units, on a brownstone block in the historic landmark district, with excellent financials. In addition, the coop also boasts an architect-designed rooftop terrace with city views, great for entertaining and relaxing. The property is located just blocks from Prospect Park, the Brooklyn Museum, Central Library, Botanic Gardens, Grand Army Plaza green market, shops, multiple trains as well as all the restaurants, bars and shops that area has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$985,000
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 | $788,000 | $788,000 | $788,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.597% | 6.158% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,661 | $4,981 | $6,650 |
Total Monthly Payment | $4,753 | $5,073 | $6,742 |
* 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.