421 Crown Street, #14R, Brooklyn (Crown Heights), NY, 11225 | $290,000
Introducing a delightful one-bedroom, one-bathroom apartment located on the third floor of a well-kept HDFC cooperative walk up building. This unique home features original hardwood floors and faces east, south, and west, bathing the interior in natural light. The apartment features a windowed, eat-in kitchen and a windowed bathroom. Washer and dryer installation is permitted, provided that connections are legally compliant and professionally installed.
The apartment comes with a manageable monthly maintenance fee of $548, which includes heating and is associated with 250 shares within the cooperative. In line with maintaining an affordable community, this property adheres to a 120% area median income (AMI) cap. A one person household gross annual household income may not exceed $130, 440, and $149, 160 for 2 persons. Pets under 25 pounds, including cats and dogs, are allowed. Additionally, subletting is permissible with board approval after three years of residence, for periods ranging from one to two years within every four-year cycle.
Residents must use this unit as their primary residence, with no investor purchases permitted. The seller is responsible for a flip tax of 20% of the net profit.
This well kept building permits financing up to 90% as well as features a virtual doorman, a laundry room, a live-in Super and bike storage.
Residents have access to a range of nearby amenities and transportation options. Key subway stations include the3 line at Kingston Aveand the 2 and5 lines at President St, both within a 0. 32-mile radius. For leisure and learning, the Jewish Children's Museum and the Brooklyn Children's Museum are close by, as well as several parks like Hamilton Metz Field and Brower Park. Medgar Evers College and SUNY Downstate Medical Center are also in proximity for educational pursuits.
Features
- Town: Brooklyn
- Cooling: Unknown Type
- Levels: 4
- Amenities: Laundry Room;
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Pet Policy: Pets Allowed
- Building Access : Walk-up
- Service Level: Voice Intercom
- OLR#: RPLU5122968566
- Days on Market: 34 days
- Website: https://www.raveis.com
/prop/RPLU5122968566/421crownstreet_brooklyn_ny?source=qrflyer
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888.699.8876
Contact@raveis.com
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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
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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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
421 Crown Street, #14R, Brooklyn (Crown Heights), NY, 11225
$290,000
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 |
$232,000 |
$232,000 |
$232,000 |
Term |
360 months |
360 months |
180 months |
Initial Interest Rate** |
7.500% |
7.125% |
6.375% |
Interest Rate based on Index + Margin |
8.125% |
|
|
Annual Percentage Rate |
8.051% |
7.295% |
6.623% |
Monthly Tax Payment |
N/A |
N/A |
N/A |
H/O Insurance Payment |
$75 |
$75 |
$75 |
Initial Principal & Interest Pmt |
$1,622 |
$1,563 |
$2,005 |
Total Monthly Payment |
$1,697 |
$1,638 |
$2,080 |
* 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.