Welcome to 1G at the Northern Campus of the Clinton Hill Coops. This unit is on the ground floor (no elevator needed-up 3 steps) and is a spacious 1 bedroom (flexible 2), 1-bathroom located in the heart of Clinton Hill. This unit will need some work to bring it back to life but the beautiful parquet floors, the high ceilings and multiple closets make it easy to see the charm and potential. At the entrance to the unit, there is a conveniently located closet for coats and any other storage needs you might have. Oversized windows let in lots of natural light throughout the home. The kitchen has a dishwasher and a stainless steel refrigerator. Down the hallway, there are more closets and a large and spacious bedroom that can fit a King-size bed. The Clinton Hill Coops is a midrise elevator building with a newly renovated laundry facility conveniently located in the building. The Coop Complex consists of 12 well-maintained buildings that were originally built by the US Navy in the early 1940s to accommodate Brooklyn Navy Yard personnel, they were later converted to cooperative apartments in 1981. Some recent updates include newly renovated laundry rooms and an upgrade to energy-efficient windows throughout the complex. Clinton Hill Coops are: pet-friendly guarantors allowed co-purchasing allowed Sublets are permitted after two years of ownership bike storage package room, lovely landscaped garden full-time super on-site management office Located on the border of Clinton Hill and Fort. Greene, the location of this co-op is truly unbeatable. Enjoy the vibrant neighborhood filled with trendy restaurants, cafes, and shops, providing endless options for dining and entertainment. You are near Fort Greene Park, Brooklyn Academy of Music, and much more. There are several transportation options, including the G train subway right on the corner, the C train a couple of blocks away, the B38/ B52/ B25, Atlantic Terminals subway options include the 4/5/2/3/Q/N/R and the Long Island Rail Road. Don't miss out on the chance to make this your own and enjoy all that the area has to offer. There is no better value in Clinton Hill.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $388,000 | $388,000 | $388,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,680 | $2,579 | $3,327 |
Total Monthly Payment | $2,755 | $2,654 | $3,402 |
* 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.