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Unlock the ultimate Brooklyn value proposition: Unit 3B, a third-floor pre-war one-bedroom home in an elevator building, awaiting your personal customization. A true Crown Heights Uncut Gem located just half a block from Prospect Park and the Brooklyn Botanic Garden. In Estate Condition, this classic residence serves as the perfect blank canvas for your contractor and design vision. Excellent "bones", featuring what is believed to be original 1920s hardwood floors (long preserved by carpet), towering high ceilings, and a classic floor plan. Eat-in kitchen, spacious living room, and a serene bedroom featuring a deep footprint that offers endless layout possibilities. The generous floor plan includes exceptional storage, a windowed bathroom, and a windowed kitchen. Best of all, while the building lacks a central laundry room, the co-op allows an in-unit washer/dryer with board approval. 3B rests within a well-maintained elevator building; residents enjoy premium building perks, including live-in super, wait-listed storage, outdoor bike storage, a keyed package room, and a serene, shared courtyard. Commuting is effortless with the Franklin Avenue subway hub (2, 3, 4, 5, and S lines) right at your doorstep. Subletting is permitted after five years of ownership for a period of two years. Pets allowed upon approval. Note: This is an income-restricted HDFC cooperative capped at 165% of the Area Median Income (AMI), which as of 2026 is: 1-person household: $196, 020; 2-person household: $223, 905; 3-person household: $251, 955.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$299,000
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 | $239,200 | $239,200 | $239,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,433 | $1,510 | $1,986 |
| Total Monthly Payment | $1,508 | $1,585 | $2,061 |
* 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.