1278 Saint Marks Avenue, #3, Brooklyn (Weeksville), NY, 11213 | $699,000

THE OPPORTUNITY:
Welcome to 1278 Saint Marks Ave Residence 3- a stunning, full-floor, three-bedroom condo where functionality meets character, all wrapped in timeless Brooklyn appeal. From the moment you enter, you're greeted by breathtaking 17-foot vaulted ceilings that are sure to captivate your guests. Love natural light? Get ready to be spoiled. The south-facing living room windows invite abundant sunlight all day long, with treetop views that enhance the serene ambiance. The open-concept kitchen is a chef's dream with sleek stainless steel appliances, ample cabinet space, and modern countertops-perfect for whipping up your favorite meals or hosting unforgettable gatherings. Two peaceful bedrooms overlooking a courtyard complete the first level. Upstairs, you'll find the expansive, king-sized primary suite, offering the perfect balance of privacy and tranquility-your personal retreat. Additional conveniences include a private storage unit with a washer and dryer, central air, and abundant closet space throughout, ensuring both comfort and practicality are seamlessly integrated into your new home. 421A Tax Abatement until 2037.
THE LOCATION:
1278 Saint Marks is located in Crown Heights, a vibrant neighborhood known for its diverse cultures, historic architecture, and strong sense of community. Easy access to subway (3, 4, A, C) and multiple bus lines takes the hassle out of commuting. The area boasts lively streets filled with local shops, restaurants, and markets.
Walk-up building
Year Built: 2007
Number of Units: 3
Sublet Policy: Permitted.
Pied-a-terre Policy: Permitted.
Gifting: Permitted.
Co-Purchase: Permitted.
Parents buying for children: Permitted.
Financing: 90%
Flip Tax: None.
Service Building: Part-time Super- Managing agent.
Pet Policy: Pets allowed.
Storage: Yes, deeded. Large storage unit conveys with sale (can easily fit a bike).
Laundry: Private laundry room located within storage.
Bike Storage: No.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 3
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: None
  • Complex: Promark Condominiums II, The
  • Year Built: 2007
  • Pet Policy: No Pets
  • Washer / Dryer: Yes
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • OLR#: RPLU33423197999
  • Days on Market: 68 days
  • Website: https://www.raveis.com
    /prop/RPLU33423197999/1278saintmarksavenue_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 Corcoran Group

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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
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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
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1278 Saint Marks Avenue, #3, Brooklyn (Weeksville), NY, 11213

$699,000

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 $559,200 $559,200 $559,200
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 $3,720 $3,717 $4,795
Total Monthly Payment $3,812 $3,809 $4,887

* 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.