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288 New York Avenue, Brooklyn (Crown Heights), NY, 11216 | $1,550,000
Welcome to 288 New York Avenue, a classic building nestled in the vibrant Crown Heights section of Brooklyn. This unique asset boasts eight studio apartments all approximately 425sf. The property exudes pre-war charm with its original details and stunning high ceilings, providing a touch of elegance and historical appeal. The hardwood floors throughout lend a warm and timeless aesthetic, making this a great space for anyone who appreciates classic design. Although the building maintains a vintage feel with no washer/dryer, doorman, or concierge services, its authenticity and character truly make it stand out. Residents will appreciate the fantastic natural light that floods the rooms, creating a bright and inviting atmosphere. The units are in good condition which presents an exciting opportunity for personalization and improvement, allowing the new owner to enter into a sound investment.
Located between Lincoln Place and the iconic Eastern Parkway, this location benefits from a prime position in Crown Heights. Just a stone's throw from the 2, 3, 4, and 5 express trains at Franklin Ave or Nostrand Ave, commuting to Manhattan couldn't be simpler. You'll be surrounded by cultural hotspots like the Brooklyn Museum, Botanical Garden, and the spacious Prospect Park for those who love outdoor activities and exploration. The neighborhood's trendy cafes, eclectic bars, and bustling boutiques perfectly encapsulate the energetic vibe of Brooklyn city life. Don't miss the chance to explore this charmer at 288 New York Avenue! If you're looking for a great investment, this townhouse is ready to provide a mix of historic allure, modern convenience and a great rent roll. 1900sf Lot with R-5 Zoning. Schedule a showing today and see for yourself the potential this unique property has to offer.
Contact the listing agent for full Set-Up.
Features
- Town: Brooklyn
- Levels: 4
- Cooling: Unknown Type
- Zoning: R6
- Laundry: InUnit
- Year Built: 1931
- Service Level: Voice Intercom
- Built Size: 19'x47'
- OLR#: RLS20086846
- Days on Market: 68 days
- Website: https://www.raveis.com
/prop/RLS20086846/288newyorkavenue_brooklyn_ny?source=qrflyer
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.Listing courtesy of Revived Residential
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888.699.8876
Contact@raveis.com
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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
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288 New York Avenue, Brooklyn (Crown Heights), NY, 11216
$1,550,000
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 | $1,240,000 | $1,240,000 | $1,240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,041 | $7,434 | $10,464 |
| Total Monthly Payment | $7,166 | $7,559 | $10,589 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535