800 Ocean Parkway, #5N, Brooklyn (Ocean Parkway), NY, 11230 | $749,000

Sponsor Unit - Expansive, Gut Renovated 3-Bedroom / 2 Bath with Balcony!

PARKING AVAILABLE IMMEDIATELY

This building is approved for a 1st-time homebuyers' program. First time buyers may qualify for a loan with a 5. 5% fixed interest rate for 30 years. Please note that the interest rate is subject to change. Don't miss out on this opportunity!

Welcome to 800 Ocean Parkway Apt. 5N - a rare sponsor unit with no board approval required. This gut renovated 3-bedroom, 2-bath home sits on a tree-lined block of Ocean Parkway at the crossroads of Kensington and Midwood. Move right in and enjoy 3 king-size bedrooms, 2 stylish bathrooms, an oversized living room, an eat-in kitchen, a dedicated dining area, and your own private balcony - perfect for morning coffee or unwinding at the end of the day.

Every detail has been refreshed: refinished hardwood floors, recessed lighting throughout, freshly painted interiors, a brand new balcony door, updated interior doors, moldings, and electrical. The modern, updated eat-in kitchen is a true showstopper - equipped with top-of-the-line appliances, sleek cabinetry, quartz countertops, abundant storage, and plenty of counter space for cooking and entertaining. With windows in every room, including the kitchen and both bathrooms, natural light fills the home all day long.

All three bedrooms are oversized and comfortably fit king-size beds with room for additional furniture. The primary suite features a sleek, windowed en-suite bath with a modern stand-up shower. The two additional bedrooms are equally versatile - ideal for guests, a nursery, or a home office. A second full bathroom, conveniently located off the hallway, includes updated finishes and a soaking tub.

This well-kept elevator building has been thoughtfully upgraded with two modern elevators equipped with Sabbath Mode, a 24/7 camera security system, and two state-of-the-art laundry rooms with a convenient card refill system. Residents also enjoy amenities such as a part-time doorman with partial concierge service, securing packages and handling USPS, UPS, and FedEx deliveries. Additional conveniences include a fully operational indoor parking garage (waitlist / monthly fee) and a bicycle storage room (annual fee).

The neighborhood is equally impressive: abundant street parking and just four blocks to major supermarkets including a 24-hour ShopRite, Amazing Savings, King Tomato, Dunkin" Donuts, pharmacies, banks, cleaners, and countless local dining and retail options. Commuting is easy with the F train (Ave I or 18th Ave stations) and the Q train (Avenue H), plus the B8, B11, and express buses providing quick access to Manhattan and neighboring boroughs. For bikers, the Ocean Parkway bike path gets you to Prospect Park in minutes.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 7
  • Amenities: Bike Room; Garage; Laundry Room; Digital TV;
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Other
  • Year Built: 1953
  • Pet Policy: No Pets
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • Built Size: 200'x120'
  • OLR#: RLS20045198
  • Days on Market: 262 days
  • Website: https://www.raveis.com
    /prop/RLS20045198/800oceanparkway_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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800 Ocean Parkway, #5N, Brooklyn (Ocean Parkway), NY, 11230

$749,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $599,200 $599,200 $599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.609% 6.887% 6.078%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,689 $3,837 $5,016
Total Monthly Payment $3,781 $3,929 $5,108

* 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.