475 Sterling Place, #2J, Brooklyn, NY, 11238 | $1,498,000

Welcome to this bright and spacious 2-bedroom, 2-bathroom condo offering approximately 1, 050 square feet of thoughtfully designed living space on the border of Prospect Heights and Crown Heights. Flooded with natural light from floor-to-ceiling windows in the living room and both bedrooms, and enhanced by its desirable southern exposure, this home offers an airy, open feel throughout the day. The layout is both functional and inviting, featuring an eat-in kitchen with dishwasher, generous living and dining area, hardwood floors, central air, in-unit washer and dryer, and excellent closet space. The split-bedroom design provides privacy, with a well-sized secondary bedroom and full bath, while the primary suite includes its own en-suite bathroom. Adding to its value, the unit benefits from a 421A tax abatement in place through 2034, offering significant long-term savings for the next owner. Residents enjoy a full-service building experience with a part-time doorman, elevator, package room, bike storage, and private storage. Amenities also include a fitness center, playroom, a beautifully maintained courtyard, and a furnished rooftop deck, providing multiple options for relaxation and entertaining. Pets are welcome, including both cats and dogs. Located just moments from Prospect Park, and with convenient access to the 2, 3, 4, 5 trains as well as the A, C, B, and Q lines, commuting throughout Brooklyn and Manhattan is seamless. Enjoy easy access to some of the borough’s best dining, cafes, and shopping along nearby Franklin, Washington, and Vanderbilt Avenues. A rare opportunity to own a sun-filled, well-proportioned condo with exceptional light, layout, financial advantage, and connectivity in one of Brooklyn’s most vibrant neighborhoods.

Features

  • Heating: See Remarks
  • Cooling: Central Air
  • Levels: 5
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Unit
  • Year Built: 2006
  • Approx Sq. Feet: 1,050
  • Est. Taxes: $748
  • Lot Desc: Back Yard, Near Public Transit, Near School, Near Shops
  • Elem. School: Ps 316 Elijah Stroud
  • Middle School: Elijah Stroud Middle School
  • High School: Brooklyn Institute For Liberal Arts
  • School District: Community District 17
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • MLS#: 974782
  • Days on Market: 39 days
  • Website: https://www.raveis.com
    /prop/974782/475sterlingplace_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of NY Superior Realty   Phone: 718-205-7770

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

475 Sterling Place, #2J, Brooklyn, NY, 11238

$1,498,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,198,400 $1,198,400 $1,198,400
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment $62 $62 $62
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,804 $7,379 $10,113
Total Monthly Payment $6,991 $7,566 $10,300

* 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.