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400 Lincoln Place, 3H
Tucked away in prime Prospect Heights sits 400 Lincoln Place: a lovely pre war building with lots of charm. The building welcomes you off of tree-lined Lincoln Place into a grand lobby. Up the stairs to the third floor, your one bedroom home awaits.
As you step into the apartment, you're greeted into the sunny space. The sizeable windowed kitchen is tucked off of the foyer, and even has space for a small eat-in table. As you go through, in the living space you'll find that it can easily accommodate seating, as well as a full sized dining set. The corner bedroom allows a lot of light in, and is very spacious.
Built in 1924, The Nancy Lincoln is a boutique 46-unit co-op celebrated for its handsome brick facade and marble lobby. Amenities include a landscaped courtyard, resident superintendent, laundry room, and storage. Pets are welcome, and subletting is permitted, subject to board approval.
The location cannot be beat, offering close access to the Brooklyn Museum, Prospect Park, and the Botanic Garden. Plenty of neighborhood favorites are just out your door, including Lincoln Station, Tooker Alley, and Cafe Mado.
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.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.
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Our Executive Mortgage Banker:
$645,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $516,000 | $516,000 | $516,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,177 | $3,304 | $4,320 |
| Total Monthly Payment | $3,269 | $3,396 | $4,412 |
* 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.