Prospect Park at your doorstep! Located on a serene, tree-lined block in Park Slope, this sun-filled, South-facing one-bedroom gem has a wall of large windows filtering light throughout the day. The stunning renovated kitchen features custom cabinets, a full suite of Bosch appliances - including a microwave drawer - open shelving, custom tile backsplash, and an L-shaped island with seating. Through the spacious living/dining area, French doors open to the large bedroom with South and West exposures, with enough space for a king-size bed and separate desk area. With 10 foot ceilings, hardwood floors, and original moldings, this classic pre-war apartment offers the best of Brooklyn in aesthetics and location. 186 Prospect Park West is an intimate, pet-and-family-friendly 15-unit coop with low monthlies and an app-operated laundry room in the newly updated basement, with caged storage options pending installation. The F and G trains are located right across the street. Roll out of bed on a Saturday for a walk in the park, enjoy the Farmer's Market and a movie at Nitehawk. Just steps away from neighborhood favorites like Pasta Louise, Hilltop Tavern, Terrace Bagels, and much more!
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Our Executive Mortgage Banker:
Our Insurance Division:
$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.Alvarez@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 |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,988 | $5,145 |
Total Monthly Payment | $4,084 | $4,080 | $5,237 |
* 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.