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If you’ve been looking for a Condo that actually feels big, Condo 4J is the one. This 2-bedroom has a huge living room and a true dining area, and the layout is flexible enough to convert to a 3-bedroom if you need that extra room. The best part? A private, exclusive-use balcony (approx. 110 sq ft); perfect for coffee, plants, or just getting some air. You’re in MeadowWood at Gateway, a well-established, full-service condo community where pets are welcome and there are no rental restrictions (rare, and honestly a big deal for long-term flexibility). This corner unit home offers approx. 920 sq ft of interior space plus the balcony, with a bright, airy feel from oversized windows. Unit 4J needs a bit of TLC and is priced accordingly. An excellent opportunity to add your finishing touches and own a condo with standout views and long-term value. Kitchen: A practical galley-style kitchen with ample cabinetry and counter space, positioned right off the dining area for easy entertaining. Living Room + Dining: An oversized living room that fits a full seating setup and a work-from-home zone. The separate dining area comfortably fits a real table, and it’s the reason this home can be reworked into a 3-bedroom layout. Bedrooms: Two well-proportioned bedrooms with great light and lots of closet space. The primary easily fits a larger (king-size) bed set, and the second bedroom easily fits a (queen-size) bed set. It works beautifully as a second bedroom, guest room, nursery, or office. Bathroom A spa-like bathroom featuring a deep-soaking walk-in Jacuzzi tub, perfect for unwinding, with clean finishes and a calm, modern feel. Building perks: * well-kept elevator building * 24-hour private security * On-site superintendent * Laundry room * Community room * Playground * Private enclosed landscaped grounds/courtyard * Private parking available for residents. * Parking available for rent: $55/month per car * Over $33M in capital improvements (2007–2010) Location: Near Gateway Center Mall, Brooklyn Sports Club, close to trains + buses, quick access to the Belt Parkway and JFK, and minutes to Shirley Chisholm State Park. Please note: Some images have been digitally staged using AI to illustrate potential furniture placement and design possibilities.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.333% | 6.419% | 5.668% |
| Monthly Tax Payment | $277 | $277 | $277 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,656 | $1,724 | $2,269 |
| Total Monthly Payment | $2,008 | $2,076 | $2,621 |
* 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.