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PENTHOUSE C — NO PROPERTY TAX! Welcome to PHC at 1311 Brightwater Avenue, a rare opportunity to own a move-in ready, fully renovated corner 2-bedroom, 1-bath penthouse in the highly sought-after Seacoast Terrace Co-op, Brighton Beach’s best-kept secret. Perched on a high floor, this spacious home boasts panoramic ocean views from every room and a private 98 sq ft terrace overlooking the Atlantic — your daily front-row seat to sunrises and sea breezes. The apartment features: A modern open kitchen with stainless steel appliances, Central air recently installed Fully renovated windowed bathroom with walk-in shower Custom closets throughout and separated rooms for privacy Beautiful new flooring and tasteful finishes Building amenities include: 24-hour doorman Gym, sauna, table tennis room, and meeting room Renovated laundry facilities On-site storage Indoor/outdoor parking (short waitlist) Just steps to the beach, boardwalk, restaurants, parks, B/Q trains, and more Subletting permitted after 1 year. No flip tax or transfer fees. Why settle for an outdated apartment requiring a six-figure renovation, when you can move right into this pristine, sun-drenched penthouse with spectacular views? Priced to sell. Will not last.
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $639,200 | $639,200 | $639,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,530 | $3,832 | $5,138 |
| Total Monthly Payment | $3,622 | $3,924 | $5,230 |
* 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.