Located in the Kensington/Midwood neighborhood, this surprisingly well-maintained co-op has a full-sized one-bedroom with a bonus room that can be used for a second bedroom or home office. On the fifth floor at the back of this elevator building, the apartment is super quiet & has excellent light,
As you step inside, two large closets, one a walk-in that can accommodate strollers or bikes, and a large foyer six-or eight-person dining then leads to the sunken living room, graced by 10-foot ceilings, gleaming hardwood floors, and timeless pre-war character.
The corner king-size bedroom has two large closets and windows on two sides. The spacious windowed bathroom was remodeled a few years ago. The kitchen was also renovated a few years ago; it's perfect to stay as is or can be easily redone.
This pet-friendly building offers amenities, including a card-operated laundry facility, bike, and personal storage. It also has a live-in superintendent and helpful porters. The lobby was recently upgraded with a video intercom system and key-fob entrance. The hallways are immaculate with their terrazzo flooring. The elevator has been modernized but keeps its pre-war inlaid door.
The building is situated on a tranquil block and accessible public transportation access. The Q train is just a brief 5-minute away, and the F train is at 18th Avenue: nearby dining options include Milk and Honey, Wattli Bar and Kitchen, and Ox Tavern. Di Fara Pizza, and so many other fabulous restaurant's. There's even a movie theater on the corner of Ave H.
At 901 Avenue H, you get a substantially larger apartment at a fraction of the price of the new condos that are popping up. The cooperative has lenient rules, allowing gifting, co-purchasing, and subletting after two years. The building has strong financials with no flip tax.
Please note the photos have been virtually staged.
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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 | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,632 | $1,590 | $2,017 |
Total Monthly Payment | $1,707 | $1,665 | $2,092 |
* 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.