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Presented by
The Cornerstone Team |
Enjoy this large, newly fully renovated, pet-friendly two-bedroom (which can be converted to a three-bed or office as part of the purchase if desired), two-bath condo off beautiful Prospect Park in historic Prospect-Lefferts Gardens! This property is perched tree-top height on the fourth floor and boasts a large open layout with sunny south, north and west exposures, impressive open living and dining area, split bedrooms and a primary with an en-suite bath. Enjoy in-unit laundry, rich white oak floors throughout, custom millwork, high ceilings and designer hardware and fixtures. This sponsor unit is fully renovated, vacant and ready to move in, excellent for a primary homeowner or investor. The Parkside Condominiums are a boutique prewar condo development of two adjoining buildings, offering a courtyard, private storage and bike storage. The Parkside Condominiums are excellently located off the Parkside entrance of beautiful Prospect Park, the Botanic Garden, Brooklyn Museum and trains. Historic Lefferts Gardens is one of Brooklyn’s oldest neighborhoods and is rich in history, landmarked architecture, convenience to transportation, recreation and an expanding collection of restaurants, bars and shops. This property is on the fourth floor. J-51 tax abatement in place. The complete offering terms are in an offering plan available from the sponsor, file number CD120061.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$795,000
Sales Associate
William Raveis Real Estate
Phone: 203.733.9382
cornerstoneteam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $636,000 | $636,000 | $636,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.144% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,661 | $3,809 | $5,071 |
| Total Monthly Payment | $3,753 | $3,901 | $5,163 |
* 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.