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Dream big and bring your vision to life at 370 Ocean Parkway, Unit 8H—an expansive 1, 410 sq. ft. canvas brimming with potential in the heart of Kensington. This three-bedroom, two-bathroom co-op offers the perfect opportunity to create the home you’ve always imagined. With a little TLC, this space could truly shine. Perched on the 8th floor of “Park Tower, ” a sought-after full-service building, this apartment boasts stunning east and west exposures that bathe the home in natural light throughout the day. Imagine sipping your morning coffee in the bright, windowed eat-in kitchen, complete with ample cabinet and counter space, as the sun rises over Brooklyn. The flowing layout gives you room to design and personalize to your heart’s content. Living in Park Tower comes with an impressive roster of amenities to elevate your daily life: enjoy the security of a full-time doorman, the convenience of an on-site garage, bike room, and laundry facilities, plus the peace of mind offered by a live-in super. A pet-friendly policy means your furry friends are welcome too! (Special Note: The Coop Board requires an interview with a dog before acceptance. ) Located in Kensington, this charming neighborhood blends the best of old-school charm with vibrant cultural diversity. Take a leisurely stroll to Cortelyou Road or Fort Hamilton Parkway and discover a treasure trove of restaurants, cozy cafes, boutique shops, and yoga studios. Whether you’re meeting friends for brunch or exploring the local scene, everything you need is just minutes from your door. Don’t miss your chance to make this spacious co-op your own and enjoy all the perks of Kensington living. This is more than a home—it’s a lifestyle waiting to be crafted. (SPECIAL NOTE: This apartment does NOT include a parking space - either in the garage or in the outside lot; there is a long waiting list for parking, bike storage and storage rooms. )
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.110% | 5.932% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,027 | $4,312 | $5,972 |
| Total Monthly Payment | $4,119 | $4,404 | $6,064 |
* 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.