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Nestled on one of Park Slope's most picturesque, tree-lined streets and just a single block from Prospect Park, Apartment 3 at 261 Garfield Place is an expansive four-bedroom, two-bathroom coop that embodies Brooklyn elegance with thoughtful modern updates. Four exposures flood the home with natural light throughout the day, illuminating exquisite original details-gorgeous oak moldings, pristine hardwood floors, and eye-catching stained glass that speaks to the home's rich architectural heritage.
The layout is graceful and versatile, with four generously proportioned bedrooms and a separate home office ideal for today's flexible lifestyle. The living and dining area is anchored by a stunning ventless fireplace and flows seamlessly into a fully renovated chef's kitchen outfitted with top-tier appliances, including a GE Cafe refrigerator, Bosch dishwasher, and a Liebherr wine fridge.
Retreat to the tranquil primary suite, complete with its own en-suite windowed bath and ample closet space. Three additional bedrooms (one currently used as the family/guest room) are all generously sized. Central air ensures year-round comfort, while the intelligent layout-with both formal and informal spaces-makes everyday living and entertaining a breeze. Additional features include in-unit washer/dryer and basement storage.
Located in prime north Park Slope, 261 Garfield Pl. represents iconic Park Slope at its best with its restaurants, cafes, shops, historic homes, and of course, Prospect Park, the Botanical Gardens, the Brooklyn Museum, Farmer's Market, and Grand Army Plaza all just a few blocks away. Close 2/3/B/Q/F/G trains.
261 Garfield Place is an 11 unit pet-friendly coop with excellent financials, no underlying mortgage, low maintenance and it has a live-in super. This is a rare opportunity to own a true slice of classic Brooklyn, reimagined for modern living. Currently zoned for PS 321.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,750,000
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 | $2,200,000 | $2,200,000 | $2,200,000 |
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% | 6.739% | 6.183% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,491 | $14,087 | $18,565 |
Total Monthly Payment | $12,616 | $14,212 | $18,690 |
* 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.