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Maximum
Money Market 2.00%
APY1
$100,000 minimum deposit
APY2
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1 New Maximum Money Market account and new money only. APY effective January 10, 2019. Annual percentage yield assumes principal and interest remain on deposit for a full year
at current rate. Minimum deposit balance to open the Maximum Money Market account is $5,000. Funds cannot be transferred from an existing Flushing Bank account. The APY for the
Maximum Money Market account is 0.10% for daily account balances between $0 and $4,999, 0.15% for daily balances between $5,000 and $24,999, 1.25% for daily balances between
$25,000 and $74,999, 1.25% for daily balances between $75,000 and $99,999 and 2.00% for daily balances of $100,000 or more. Rates may change at any time without notice. You must
maintain the stated tier balance for the statement cycle to receive the respective disclosed yield for that tier. 2 New money only. APY effective January 10, 2019. Annual percentage yield
assumes principal and interest remain on deposit for a full year at current rate. Minimum deposit balance of $5,000 is required. Funds cannot be transferred from an existing Flushing
Bank account. For new IRA and rollover accounts, the minimum deposit balance is $5,000. Premature withdrawals may be subject to bank and IRS penalties. Rates and offer are subject
to change without notice. 3 New money required for new checking accounts only. A Flushing Bank checking account with a $5,000 minimum balance is required to receive
the advertised rate. Certain fees, minimum balance requirements and restrictions may apply. Fees may reduce earnings on these accounts. A checking account is not
required for IRA accounts. Flushing Bank is a registered trademark
COURIER L 16 IFE, MARCH 8–14, 2019 PS
12-Month
2.65%
CD or IRA CD $5,000 minimum deposit
BY STEPHEN ZACKS
This nicely updated, two-bedroom
co-op apartment is one
of the original two dozen or
so Brooklyn housing cooperatives
built by Finnish immigrants
in the early 20th century.
Large numbers of Finnish
migrated to the U.S. from the
1890s on, during a period when
the Russian czar was attempting
to colonize the Duchy with
Russian inhabitants. Though
the residents of the co-ops
would have been workers, the
Finnish co-ops — unlike the
Amalgamated Dwellings and
other worker cooperatives on
the Lower East Side built in the
1930s — were built by ethnic
associations rather than anarchist
and worker’s unions.
Located at 4313 Ninth Ave.
in Borough Park, the 30-unit
walk-up was built in 1923 by
Broadview Associates Inc.
and, like some other cooperatives
of the era, was originally
conceived as inexpensive
housing for workers.
The entrance is framed by
a grandiose gated entrance
with an arched sunburst iron
gate above, a neo-Classical
pedimented door frame with
columns, and an arched brick
cornice above. Inside, apartment
3D is an attractive twobedroom
with a breakfast bar
opening to a combined living
and dining room, which has
nice suspended built-in wood
shelving along one wall.
The French doors to one of
the bedrooms are consistent
with typical designs of the period,
which offered an option
to use one of the bedrooms as a
regular living or dining room.
The apartment has windows on
three exposures — a common
feature in apartment buildings
then — and every room but the
foyer has a window.
The vintage white-tiled
bathroom is in seemingly excellent
repair, with a pedestal
sink and an opaque glass-paneled
door.
Finnish co-ops are known
for their low maintenance and
high down-payment requirements,
as high as 90 or 100 percent.
The low maintenance tradition
continues in this case,
with this apartment’s share
set at $554 a month, but the
co-op has relaxed its fi nancing
rules and allows 10 percent
down.
Listed by Peter Bracichowicz
of Corcoran, it’s showing
at an open house on March 9.
The unit last sold in 2015 for
$420,000, according to public
records. Now it’s asking
$495,000. A good deal?
A fi ne Finnish
Borough Park co-op asks $495K
The Finnish co-op in Borough Park was built in 1923 by Broadview Associates
Inc. and, like some other cooperatives of the era, was originally
conceived as inexpensive housing for workers. Corcoran
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