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Bring Your Vision to a Prime Prospect Park Location
Here's your chance to create the home you've always wanted in one of Brooklyn's most sought-after neighborhoods.
Located in a well-maintained cooperative building overlooking the historic Parade Grounds and just one block from Prospect Park, this flexible one-bedroom apartment has been thoughtfully converted to offer the functionality of a two-bedroom; the bonus room can also serve as a home office, private den, or nursery.
This apartment is ready for your personal updates and renovation, making it an exceptional opportunity for buyers who want to add value while customizing a home to their own style. The kitchen has new appliances (stove, fridge, range hood fan) and new counter tops, there are all new thermal pane windows and refinished wood floors. Washer/dryer allowed subject to board approval, a low Monthly Maintenance and Pets are welcome.
Its well maintained common areas include; a package room, central laundry room, bike area, and a charming courtyard. There are two passenger elevators, a video intercom system and private storage cages for lease (waiting list applicable).
A quiet rear location provides a peaceful retreat from the city, while the building's unbeatable location puts Prospect Park, neighborhood restaurants, shopping, and multiple subway lines just moments away for an easy commute to Manhattan.
Why you'll love it:
Premier Prospect Park location
Building overlooks the historic Parade Grounds
Flexible one-bedroom converted to a two-bedroom layout
Tranquil rear-facing apartment with three exposures
Outstanding renovation opportunity with excellent investment potential
Convenient access to Manhattan via nearby subway lines
This sponsor sale offers an "Easy Sale Process" with "No Board Approval". If you've been waiting for the right opportunity to purchase in this desirable Brooklyn neighborhood, this apartment deserves your attention.
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.
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:
$739,000
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 | $591,200 | $591,200 | $591,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,541 | $3,733 | $4,870 |
| Total Monthly Payment | $3,633 | $3,825 | $4,962 |
* 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.