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Serene and Spacious One-Bedroom Co-op in Prime Crown Heights Located in a quiet corner of a well-maintained prewar building on iconic Eastern Parkway, this oversized one-bedroom HDFC co-op offers a true retreat in the heart of Crown Heights. This first floor apartment features an expansive living and dining area with soaring ceilings and oversized windows that flood the space with natural light. The windowed kitchen, outfitted with updated appliances, is bathed in sunshine throughout the day, and a convenient in-unit washer/dryer adds to the ease of daily living. The freshly updated bedroom feels serene and airy, with soaring ceilings enhancing its calming atmosphere. This classic prewar building showcases gorgeous original details and a strong sense of community. With brand-new windows throughout, exceptionally low monthly maintenance, and no underlying mortgage, this is a rare and inviting investment opportunity. Just moments from Prospect Park, the Brooklyn Museum, the Botanical Garden, and the Grand Army Plaza Greenmarket. Convenient access to the 2, 3, 4, and 5 express trains — all arriving on the same platform — gets you to Manhattan in just 15 minutes. Crown Heights has become a top Brooklyn destination for dining, with standout restaurants like Chavela’s, Briscola Trattoria, Ras Plant Based, and Winner just around the corner. The nearby Bedford Union Armory community center rounds out the neighborhood’s unbeatable offerings. Income Restrictions Apply: This is an HDFC co-op subject to 165% AMI income caps for the first year of purchase: • 1 person: $187, 110 • 2 people: $213, 840 • 3 people: $240, 570 Sorry, no pets allowed.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,287 | $3,416 | $4,353 |
Total Monthly Payment | $3,379 | $3,508 | $4,445 |
* 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.