40 Prospect Park West, #5A, Brooklyn (Park Slope), NY, 11215 | $1,895,000

THE MOST MAGNIFICENT TOP FLOOR COOP ON THE MARKET TODAY!

A Rare Find

This much sought-after, park-facing, two-bedroom, two-bath corner co-op spans nearly 1, 300 square feet and has been completely reimagined by the famed design firm Space Exploration. Boasting a spectacular layout and treetop views from every window, it's the only apartment of its kind currently on the market. If you're seeking a flawless combination of location, space, views, and light in a well-established and financially sound pre-war elevator co-op, look no further - you've found your new home.
All The Space You Could Need
As you enter this palatial park-side showstopper, a stunning foyer welcomes you. There is a custom walk-in California closet, custom white oak built-in bookshelves, and a stunning custom oak arched doorway that leads to the formal dining room, where top-of-the-line Schumacher wallpaper adds an elegant touch.
Chic Galley Kitchen
The chic galley kitchen is adorned with custom white oak cabinets, cabinet pulls by Devol, Calacatta marble backsplash and countertops, plus built-in, top-of-the-line appliances, including a Subzero refrigerator, Miele dishwasher, and Bertazzoni oven.
The palatial and bright living room easily accommodates your favorite deep sectional - this space will make you wonder how you ever got by with less.
Your Own Sanctuary
Just adjacent to the dining room, you will find two magnificent and pristine bedrooms. Both bedrooms are separate from the living spaces and are bright, spacious, and oh-so-quiet. The primary bedroom features two leafy park exposures, ample room for a king-size bed, custom wallpaper by Calico, and a flawless Level 5 paint finish. The en-suite bathroom has been thoughtfully upgraded with a custom Calacatta turquoise sink, a custom mirror, and hand-painted tadelakt walls, while the original shower and flooring have been preserved. The second bedroom also faces the park and can comfortably fit multiple beds or be used as a work or play space. Both bedrooms offer an ideal retreat, ensuring tranquility and privacy while enjoying serene views of the stunning Prospect Park.
Storage for Days
The primary bedroom features a custom walk-in California Closet, providing ample storage and organization. The second bedroom offers a generously sized, traditional closet. The unit also comes with basement storage (for a small fee), a city-living essential.
Other Notable Features
White oak herringbone floors throughout
Lighting fixtures by Atelier De Troupe, Allied Maker, and In Common
Brand new classic crown moldings, picture moldings, arched door openings, and a flawless, skim coated, Level 5 paint finished doors and walls throughout
Your New Home Awaits
40 Prospect Park West is one of the most desirable addresses in Park Slope. In addition to having the park at your doorstep, residents of this pet-friendly building enjoy a part-time doorman, a live-in super, a central laundry room, and bicycle storage. Local amenities include easy access to the 2/3/B/Q/F/G trains, the Grand Army Greenmarket, Park Slope Food Coop, Brooklyn Public Library, Brooklyn Botanic Garden, and a multitude of shopping and dining options along 7th and 5th Avenues, Vanderbilt Avenue, and Flatbush. Zoned for PS321

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Bike Room; Laundry Room; Private Storage;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: None
  • Year Built: 1942
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: No
  • Building Access : Elevator
  • Service Level: Part Time Doorman
  • Doorman: PartTime
  • Built Size: 100'x129'
  • OLR#: RPLU33423389520
  • Days on Market: 23 days
  • Website: https://www.raveis.com
    /prop/RPLU33423389520/40prospectparkwest_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 DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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40 Prospect Park West, #5A, Brooklyn (Park Slope), NY, 11215

$1,895,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

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 $1,516,000 $1,516,000 $1,516,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.663% 6.637% 6.309%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,727 $9,582 $12,895
Total Monthly Payment $8,852 $9,707 $13,020

* 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.