Used as a two bedroom, and well-laid-out with a generous south-facing living/dining area, along with a foyer that easily accommodates an ample dining or office area, this lovely apartment offers up the best of Prospect Heights. With tastefully updated finishes in the kitchen - custom cherry cabinetry and stainless steel appliances - Unit 2A at 225 Park Place blends comfortably elegant prewar charm with contemporary sensibilities.
It has a huge bedroom that easily holds a king-sized bed and more, and an additional corner home office that can be used as a den, nursery, or guest room. Recessed lighting and plenty of closets - the space is amazing! Beautiful hardwood floors, arched doorways and high ceilings give it warmth and Brooklyn STYLE!
This well-maintained co-op in the heart and soul of one of the borough's favorite neighborhoods has a large card-operated central laundry, additional rentable storage, and a bike room. Withan elevator, virtual doorman, and a live-in super, 225 Park Place has it all.
Near the BEST trains, neighborhood shops, restaurants, and a quick jaunt to Prospect Park and Grand Army Plaza for the Saturday FARMER'S MARKET, this pet-friendly apartment is the one to see! 225 Park Place, 2A is a terrific reason to call Brooklyn, HOME.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $860,000 | $860,000 | $860,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,617 | $5,087 | $7,084 |
Total Monthly Payment | $4,742 | $5,212 | $7,209 |
* 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.