Affordable Housing Resources in Brooklyn, New York
New York City in general is an expensive place to live. Robert De Niro just put his Manhattan townhouse up for sale for a mere 14 Million dollars (its a little bit bigger than the ones pictured to the right no doubt). Despite what you might think, affordable housing still exits in the Big Apple, especially in my favorite borough of Brooklyn, New York.
To make it easier for the non-millionaire looking to purchase a house, condo or co-op in Brooklyn, New York,
here is a list of affordable housing resources that you can take advantage of:
The State of New York Mortgage Agency (SONYMA) Products for First Time Homebuyers - SONYMA offers five mortgage programs as well as mortgage credit certificates, to assist first-time home buyers with the purchase of a home in New York State.
Homes for Veterans Program - This program, which is sponsored by SONYMA in conjunction with the the New York State Department of Veterans' Affairs, allows veterans and their spouses to buy their first home, or a new home, with very affordable terms.
Remodel New York Program - This program allows first time home buyers to finance a home and the necessary remodeling costs for homes in need of repair.
Achieving the Dream Program - First time home buyers are able to get down payment assistance through this program.
HomeFirst Down Payment Assistance Program - This program created by New York City Department of Housing Preservation and Development (HPD) and the Mayor Bloomberg provides first time homebuyers with up to $15,000 toward the down payment or closing costs on a 1-4 family home, a condominium, or a cooperative in any of the five boroughs of New York City.
New York City Housing Lotteries - Housing lotteries allow lower income buyers to purchase properties in new (often upscale) developments build by developers who receive tax breaks and incentives by including a certain number of affordable housing units in their projects.
Habitat For Humanity New York - This non profit organization builds affordable, quality "green" homes for hardworking, low-income New Yorkers.
To get a step-by-step guide on the home buying process for first time home buyers in Brooklyn, New York, please feel free to give me a call at the number below. I would love to help you!!
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Elaine Cooper, Realtor®
Fillmore Real Estate
917-544-2662
elaine(at)fillmore(dot)com
Your Brooklyn, New York Real Estate Salesperson Specializing in Multi-Family Townhomes, Condos and Coops
Click here -->Sell A Home Brooklyn.com for more information about Buying or Selling in Brooklyn, New York
All information deemed accurate, but not guaranted
Copyright 2011- All Rights Reserved
Clinton Hill Brooklyn Property Sales - May 2011
May 2011 saw a number of in Clinton Hill Brooklyn. Sixteen properties closed in Clinton Hill this month. Only two of the properties were not condos or coops.
1 Two Family Homes - 96 Lefferts Place - $810,000
1 Multi-Family Home - 189 St. James Place - $735,000
2 Co-op Apartments
321 Clinton Avenue, Unit - $525,000
345 Clinton Avenue, 15B - $395,000
209 Clinton Avenue, 4L - $875,000
11 Condo Apartments
320 Washinton Avenue - 1D - $715,000
111 Steuben Street - 5F - $360,000
111 Steuben Street - 5E - $369,000
545 Washington Avenue - 205 - $530,000
545 Washington Avenue - 405 - $560,000
545 Washington Avenue - 203 - $645,000
545 Washington Avenue - 403 - $680,000
545 Washington Avenue - 703 - $715,000
545 Washington Avenue - 103 - $795,000
1 Quincy Street - 4A - $302,000
65 Clifton Place - 1B - $680,000
The average days on the market in Clinton Hill according to the Brooklyn New York MLS was 120 Days.
For help buying or selling a 1, 2, 3 or more family house, Condo, or Co-op Apartment in Crown Heights Brooklyn, give me a call!
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Elaine Cooper, Realtor®
Fillmore Real Estate
917-544-2662
elaine(at)fillmore(dot)com
Your Brooklyn, New York Real Estate Salesperson Specializing in Multi-Family Townhomes, Condos and Coops
Click here -->Sell A Home Brooklyn.com for more information about Buying or Selling in Brooklyn, New York
All information deemed accurate, but not guaranted
Copyright 2011- All Rights Reserved
There were a number of sales in Crown Heights Brooklyn for the month of April 2011. Thirty-One properties closed during the month. Pricing is all over the map, which is due to short sales, property condition and location which is a big factor in Brooklyn.
2 One Family Houses
333 New York Avenue - $999,900
937 Prospect Place - $325,000
4 Two Family Houses
193 Sullivan Place - $307,000
1226 St. Marks Ave - $398,000
1225 St John's Place -$580,000
658 Crown Street - $600,000
2 Three Family Houses
1559 Pacific Street - $283,920
1174 Dean Street - $300,000
5 Multi-Family Houses (Four or More Units)
751 Sterling Place - $490,000
1043 Montogomery Street - $622,000
802 St Johns Place - $850,000
1014 Pakr Place - $1,350,000
1742 Union Street - $3,600,000
18 Condo Apartments
943 St Marks Avenue - 5A - $357,200
715 Prospect Place - 1B - $499,000
823 Classon Avenue - 3D - $299,000
823 Classon Avenue - 3B - $362,500
823 Classon Avenue - 3C - $350,000
823 Classon Avenue - 3E - $355,000
823 Classon Avenue - 4C - $355,000
823 Classon Avenue - 5C - $370,000
823 Classon Avenue - 5D - $630,000
823 Classon Avenue - 6C - $382,500
823 Classon Avenue - 6B - $488,000
823 Classon Avenue - 7A - $1,109,892
580 Crown Street - #315 - $544,763
364 St Mark Avenue - 2D - $575,000
255 Eastern Parkway - E9 - $600,000
255 Eastern Parkway - D6 - $720,000
225 Eastern Parkway - 2F - $899,000
751 Sterling Place - $490,000
1200 Pacific Street - 2R - $410,000
The average days on the market in Crown Heights according to the Brooklyn New York MLS was 168 Days.
For help buying or selling a 1, 2, 3 or more family house, Condo, or Co-op Apartment in Crown Heights Brooklyn, give me a call!
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Elaine Cooper, Realtor®
Fillmore Real Estate
917-544-2662
elaine(at)fillmore(dot)com
Your Brooklyn, New York Real Estate Salesperson Specializing in Multi-Family Townhomes, Condos and Coops
Click here -->Sell A Home Brooklyn.com for more information about Buying or Selling in Brooklyn, New York
All information deemed accurate, but not guaranted
Copyright 2011- All Rights Reserved
"What Is My Home Worth", you may have asked yourself several times over the coarse of the last few years. In this economy of foreclosures, short sales and falling prices its a question that many homeowners are asking themselves all over the country.
But before we can answer that question, we first have to understand who determines how much a home is worth. Is it you, the homeowner? The bank that holds the
mortgage? The tax assessor? The answer is "no" to all the questions.
The truth is, it's the home buyers who determine house values when they open their wallets (or utilitze their credit in most cases) and make a purchase. What a buyer is willing to pay for your house at that very moment in time you have it on the market is what its worth. Not what it was worth five years ago when the economy was booming, not one year ago, or not even six months ago when property values are falling. What a neighbor got for his home doesn't always determine what your home is worth and often times the improvements you've made have no bearing either.
Yes, the value of your home is based on what buyers are willing to pay for it, and we can discover what that is by looking at "the comps" or the comparables. Comparables are properties like yours, same number of bedrooms, same construction, same general location and so one, that have sold within the last three months (or longer if nothing similar to your property has sold recently).
So if you want to know what your Brooklyn, New York house, co-op or condo is worth I want to help. I will use my years of experience and resources to help answer that question, and I'll do it FREE OF CHARGE. Simply give me a call today or email me by click here.
I look forward to assisting you.
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Elaine Cooper, Realtor®
Fillmore Real Estate
917-544-2662
elainecooper(at)fillmore(dot)com
Your Brooklyn, New York Real Estate Salesperson Specializing in Multi-Family Townhomes, Condos and Coops.
Click here -->Sell A Home Brooklyn.com for more information about Buying or Selling in Brooklyn, New York.
Copyright 2011- All Rights Reserved
The Clinton Hill Coops - A Great Place to Live in Brooklyn, New York
If you're looking for a great place to live in Brooklyn, I highly recomment the Clinton Hill Co-op Apartments in Clinton Hill Brooklyn! There are many features about the co-op that make it a desirable place to buy in Brooklyn.
You can purchase a large one bedroom apartment with plenty of light in the $285,000 to $350,000 range and an even larger two bedroom apartment for between $375,000 to $450,000. Due to the recent recession and housing marking bubble burst, this is a decrease in pricing for the coop, which is great for anyone looking to buy now.
The Clinton Hill Co-ops consists of 12 buildings split up into two campuses, the North Campus on Clinton Avenue between Myrtle and Willoughby Avenues and The South Campus Between Lafayette and Greene Avenues. There are so many reasons that purchasing at the Clinton Hill Apartments is a wise investment, but here is a list of just a few of the positives:
For the sake of balanced reporting, there are few things that you might find negative about the coop, but they are in the process of being corrected. The elevators are badly in need of a cosmetic overhaul, and the board is planning to take care of that. The lobby of all twelve buildings are being updated and a plan to up date the individual public hallways on each floor, which are sorely in need of updating as well, is being devised. The exterior of the buildings are somewhat drab, but the interior space, cleanliness and first rate upkeep of the interiors and landscaping more than make up for it.
So that you can get an idea of the size and the amount of light that flows into these apartments, here’s a sample of one of the apartments currently for sale – 209 Clinton Avenue, Apt 14E.
If you would like to see even more apartment, give me a call or email me by clicking here.
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Elaine Cooper, Realtor®
Fillmore Real Estate
917-544-2662
elainecooper(at)fillmore(dot)com
Your Brooklyn, New York Real Estate Salesperson Specializing in Multi-Family Townhomes, Condos and Coops.
Click here -->Sell A Home Brooklyn.com for more information about Buying or Selling in Brooklyn, New York.
Copyright 2011- All Rights Reserved
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