Enchanting, Floor through, completely renovated one Bedroom! Ideally located in the heart of the Crown Heights Historic District on The Greenest Block in Brooklyn as voted by the Brooklyn Botanical Gardens, is 843 Lincoln Place. Built in 1899 by F. L. Hine, this lovely, Queen Anne hybrid sits is one of three similar houses that combine elements of classical and Romanesque revival styles with Gothic and English Cottage flourishes. This lovely floor through 1 Bed, 1 Bath apartments has the coveted combination of charming original detail and newly renovated kitchen and bath! The large living room has a decorative fireplaces, parquet floors and three windows that flood the room with natural light. The newly renovated, center kitchen has white painted wood cabinetry and stainless steel appliances. The huge bedroom also has parquet floors, a big closet and windows facing the back garden. The large, windowed bath is also newly renovated and has a shower/tub combo. All of this in close proximity to a variety of wonderful eateries including The Ryerson, Catfish, Cent’Anni, Chavela’s, Aita Trattoria, Noribar, and Mayfield to name a few. Union Market is coming soon to Bedford Ave and Lincoln Place and there is a Key Food on Nostrand. Prospect Park, the Brooklyn Botanical Garden as well as the Brooklyn Museum are all in close proximity. Nostrand Avenue (2, 3, 4) is a 5 minute walk and the Franklin Ave (2, 3, 4, 5) is a 7 minute walk. Tenant Pays Broker Fee.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,700
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 | $2,960 | $2,960 | $2,960 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $20 | $20 | $25 |
Total Monthly Payment | $95 | $95 | $100 |
* 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.