Studio
1 bath
Co-op
Location
225 Park Place, Prospect Heights, New York, NY 11238
Nearby Transit
657 Carlton Avenue
0.08 miles away
Flatbush Ave & Park Pl At Sw Corner
0.11 miles away
Flatbush Ave & Plaza Street East At Se Corner
0.13 miles away
Flatbush Ave & Plaza Street West At Nw Corner
0.14 miles away
225 Park Place, Apt 5H, Brooklyn, NY 11238 Affordability
Are you planning on getting a mortgage for this Prospect Heights Co-op apartment? Most co-ops require a minimum down payment of 20%, but some might even require you to put down 50% of the purchase price of more. If you’re putting 20% down on this $499,000 studio home that will end up coming to $24,950.
Closing costs are notoriously high in NYC, but at least you’ll avoid the dreaded mortgage recording tax which doesn’t apply to apartments in cooperative buildings. Coop closing costs are significantly lower due to this.
Are you interested in purchasing 225 Park Place, Apt 5H and saving yourself a lot of money? Learn how a buyer commission rebate can save you up to $4,970.
Located at 225 Park Place, Apt 5H, in Prospect Heights, this studio home is listed by Charlie Pigott, a real estate agent with The Corcoran Group. If you have questions about this co-op listing you can contact Charlie at +19177715346.