848 Park Place, #4E, Brooklyn (Crown Heights), NY, 11216 | $649,000

Welcome to Crown Heights! Discover this stunning and spacious 4-bedroom, 2-bathroom apartment, spanning nearly 1, 800 square feet, in a beautiful boutique HDFC co-op building. Apartment has been recently updated, and its is on the market for the first time. The apartment features a gorgeous kitchen with white cabinets, stainless steel appliances, and an in-unit washer and dryer. Enjoy a spacious formal dining area and an enormous living room, all with hardwood floors throughout. The main bedroom includes its own bathroom, and there are three additional bedrooms of equal size, all with ample closet space. This unique apartment is part of a middle-income HDFC co-op with income limits set at 120% of the Area Median Income.
The income limits are as follows:
- Family of one: $130, 440
- Family of two: $149, 160
- Family of three: $167, 760
- Family of four: $186, 360
- Family of five: $201, 240
- Family of six: $216, 120
- Family of seven: $231, 120
- Family of eight: $246, 000
Don't miss the opportunity to own this exceptional home in Crown Heights!





Features

  • Town: Brooklyn
  • Cooling: None
  • Levels: 4
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full
  • Laundry: None
  • Year Built: 1910
  • Pet Policy: Pets Allowed
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • OLR#: 100770
  • Days on Market: 160 days
  • Website: https://www.raveis.com
    /prop/100770/848parkplace_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Remax Edge

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

848 Park Place, #4E, Brooklyn (Crown Heights), NY, 11216

$649,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $519,200 $519,200 $519,200
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 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,454 $3,451 $4,452
Total Monthly Payment $3,546 $3,543 $4,544

* 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.