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Grace, History & Flexibility on a Beloved Block. Welcome to 1080 Prospect Place, a gracious three-story, two-family limestone on one of Crown Heights" most picturesque and historic tree-lined blocks. This classic Brooklyn beauty blends timeless pre-war details with thoughtful updates-offering both charm and versatility.
Enter under the stately stoop to the garden level, where you'll find a flexible front room perfect as a cozy living space, guest room, or home office. The rear of the floor opens up into a warm and inviting kitchen and dining area, with direct access to a tranquil private garden-an urban oasis ideal for morning coffee or alfresco dinners. A full bathroom and convenient laundry area complete this level.
The parlor floor above hosts three generously sized rooms and another full bath, all enriched by original hardwood floors and period detailing that echo the home's early 20th-century roots.
Atop it all, the third floor is currently configured as a light-filled two-bedroom apartment, thoughtfully renovated with a sleek, brand-new kitchen and a skylit bathroom-perfect for added rental income, guests, or expanded living space. The basement has X-foot ceilings, houses the building mechanicals and offers great storage.
With flexible layout options and deep architectural character, 1080 Prospect Place offers endless potential on a special block. Prospect Place between Kingston and Albany Ave is one of two "superblocks" and in the 1960's the sidewalks were widened, more trees were planted and street furniture was added to create a serene environment. Just moments from Brower Park, the Brooklyn Children's Museum, and vibrant local favorites along Nostrand and Kingston Avenues.
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:
Our Insurance Division:
$1,725,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,380,000 | $1,380,000 | $1,380,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | $431 | $431 | $431 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,944 | $8,836 | $11,739 |
Total Monthly Payment | $8,500 | $9,392 | $12,295 |
* 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.