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New to market -- and a PLUM location! This condominium on a prime, well-situated park block is one of five apartments that boasts modern living in a 19th-century brownstone. With 1, 864 sq. ft. of interior space over two floors and a 425-sq. ft. secluded private garden, you have everything you need to spread out and live large. The first level is marriage of indoors and out. The expansive kitchen, living and dining areas are backed by a wall of glass doors, letting in the light from the garden, lush with plantings bordering a large bluestone patio. The kitchen has been upgraded with top-tier appliances, a marble backsplash, and an expansive L-shaped granite countertop with breakfast bar. The dining area has an oversized built-in banquette with storage below. The living room is extra large: your biggest sectional couch and TV will fit easily here. The primary bedroom has a large closet and a triple bay with original set-in shutters. The oak floors have been redone in a handsome light stain, framed with a cherry border. A coat closet and two newly refreshed full baths complete this level.
Down a proper flight of stairs is an expansive den with an interior windowed room -- suitable for guests, a nursery or as a study. There's a third full bath on this level, as well as a laundry room, oversized pantry/storage area and additional closets. Glass doors lead out to a narrow patio with bluestone stairs leading up to the garden. Amenities and upgrades include new HVAC (heat and cool), French drains and double sump pump, plus walls and walls of built-in shelves and cabinetry, and a washer and (new) dryer. With monthly common charges and real estate taxes totaling just under $2, 000/month, this is a very affordable way to have two levels of living - indoors and out - in a perfect location in the perfect neighborhood. Here at the intersection of President Street and Prospect Park West, you'll find yourself close to express trains, the Green Market at Grand Army Plaza, the main branch of the Brooklyn Public Library, and Brooklyn's pride: its Museum and Botanic Garden. Access to shopping and dining on Flatbush, Vanderbilt and Seventh Avenue delivers a dizzying array of delightful choices. If you're looking for a home somewhere between an apartment and a townhouse, this is a perfect option.
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Our Executive Mortgage Banker:
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$2,495,000
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 | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,333 | $12,781 | $16,843 |
Total Monthly Payment | $11,458 | $12,906 | $16,968 |
* 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.