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Elaine Cooper - Brooklyn, NY - Multi Family House, Co-op & Condo Specialist

Affordable Housing Resources In Brooklyn, New York

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, Brooklyn Houses for Salehere 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

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 - $810,000Clinton Hill Brooklyn New York Market Statisticts April 2011

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

Crown Heights Brooklyn Property Sales - May 2011

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 HousesCrown Heights Real Estate Market Stats
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!  

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

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?"

"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 Money In Bagmortgage? 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

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.Clinton Hill Coop Brooklyn

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:

  1. The co-op is financially sound. Having just refinanced its mortgage the coop has $10,000,000 in its reserve fund.
  2. For 2011 the coop Board was able to hold the maintenance fee at the 2010 level. That’s right, a co-op with no maintenance increase!
  3. The apartments are large, with good sized closets. One bedroom apartments are approximately 800 Sq ft and two bedrooms are over 1000 Sq ft!
  4. All of the apartments have large windows that let in a massive amount of light. Many of the apartments have fantastic Manhattan views.
  5. There is 24 hour security and maintenance staff on call 24/7.
  6. Newly renovated laundry facilities are on site. Storage and Parking are available.
  7. The co-op has a dedicated board that meets all requirements for shareholder meetings and handles it fiduciary responsibility of making sure all of the co-ops bills are paid.
  8. The co-op is located in a section of Brooklyn that is just minutes from Manhattan. You can go from the coop to 34th street Manhattan in 30 minutes.
  9. The Clinton Hill/Fort Greene area is booming with upscale restaurants and shops, with more and more opening every month.
  10. Clinton Hill Co-ops is located on one of most beautiful streets in Brooklyn, namely Clinton Avenue, which has been called “Mansions Row” because of all the historic mansions that line the tree line street. Want more trees? Fort Greene Park is just three blocks away!
  11. The Clinton Hill Co-op is pet friendly. Dogs and cats are welcome.

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