Brooklyn (Midwood), NY, 11230 | $299,000

This spacious 5th floor 1 bedroom co-op has a large living room, connected to the kitchen by a separate dining area. Away from the main living space is a hall that leads to the windowed bathroom and a very large bedroom. This unit has hardwood floors throughout and a very low maintenance that includes even the electric! Please check out the floor plan and 3d tour attached to this listing.

This coop built in 1956 consists of 2 attached buildings -825 Ocean Pkwy with its entrance on Ocean Parkway and 930 east 7th with its entrance on a quiet-dead end block just off Avenue H, on the Midwood /Kensington border. It has a live in super and a porter, central laundry area, storage, bike storage, freshly updated hallways and a stretch of outdoor space.
The indoor parking is waitlisted with an unbelievably low 75. monthly charge. The reasonable maintenance also includes all utilities including your electric. Subletting is allowed after 2 years. Nearby train lines include the B, Q & F. This building is equipped with Verizon Fios.

Features

  • Town: Brooklyn
  • Heating: Radiant
  • Cooling: Window Unit(s)
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Building Inside,None
  • Year Built: 1956
  • Common Charge: $540 Monthly
  • Approx Sq. Feet: 750
  • Est. Taxes: $0
  • Pet Policy: Building No,No
  • Appliances: Stainless Steel Appliance(s)
  • MLS#: RLMX-98843
  • Days on Market: 37 days
  • Website: https://www.raveis.com
    /prop/RLMX-98843/930e7thstreet_brooklyn_ny?source=qrflyer
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Listing courtesy of Abacus Properties   Phone: (718) 284-4400

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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Brooklyn (Midwood), NY, 11230

$299,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

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 $0 $0 $0
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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.