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394 Lincoln Place, #B2, Brooklyn (Prospect Heights), NY, 11238 | $785,000
Prime Prospect Heights Pre-War Home
This second-floor spacious and bright extra-large one-bedroom home with washer/dryer and home office areas is located in prime Prospect Heights, barely one block to Prospect Park, the Brooklyn Museum, and the Brooklyn Botanic Garden.
Beautifully appointed with elegant pre-War details combined with modern conveniences, this is the perfect Brooklyn one-bedroom. Six windows overlooking Lincoln Place bring in abundant light and lovely treescapes. High ceilings and restored herringbone floors bring classic character.
The large living/dining room is excellent for entertaining, with room for a sitting/media area, dining area, and home office area. The open windowed kitchen has ample cabinetry and counterspace, full-size appliances, and a washer and dryer.
The bedroom is king-size, with two windows, a closet, and plenty of room for additional storage. The windowed bathroom has herringbone marble flooring, clean white tiling, and a restored clawfoot tub.
The home''s entry foyer, with its own hall closet, is large enough for both storage and a second home office area.
394 Lincoln Place is a well-maintained, 23-residence pre-War co-operative with a part-time superintendent and management company services. Amenities include a side yard, bike storage, and storage units.
The building is surrounded not only by Prospect Park and its amenities but also by the myriad beloved restaurants and shops of Washington, Vanderbilt, and Franklin Avenues. Eastern Parkway itself is one of Brooklyn''s most beautiful greenways. It is barely a block from the Eastern Parkway-Brooklyn Museum 2/3 subway station and is proximate to the Franklin Avenue 2/3/4/5 and Prospect Park-Botanic Garden B/Q/Shuttle stations.
The co-operative is pet-friendly. There is currently an assessment of $124. 17/month through 8/31/2025.
Features
- Town: Brooklyn
- Cooling: Unknown Type
- Levels: 6
- Amenities: Bike Room; Laundry Room; Private Storage;
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Laundry: None
- Year Built: 1917
- Pet Policy: No Pets
- Washer/Dryer Allowed: Yes
- Washer / Dryer: Yes
- Building Access : Walk-up
- Service Level: Video Intercom
- Built Size: 75'x84'
- OLR#: RPLU5123429093
- Days on Market: 5 days
- Website: https://www.raveis.com
/prop/RPLU5123429093/394lincolnplace_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 Douglas Elliman Real Estate
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052
Robert.Reade@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
394 Lincoln Place, #B2, Brooklyn (Prospect Heights), NY, 11238
$785,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $628,000 | $628,000 | $628,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,969 | $4,126 | $5,257 |
| Total Monthly Payment | $4,061 | $4,218 | $5,349 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535