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7101 Colonial Road, #L2E, Brooklyn (Bay Ridge), NY, 11209 | $330,000
7101 Colonial Road, Bay Ridge, Brooklyn - Spacious One-Bedroom Co-op with 1. 5 Baths, Storage, and No Flip Tax Welcome to 7101 Colonial Road, a spacious and well-maintained one-bedroom co-op in the heart of Bay Ridge, Brooklyn. Located in a professionally managed, pet-friendly building, this home offers the comfort, convenience, and location today's buyers are searching for.
This generously sized apartment features a large living room and dining room combination, giving you flexible space for relaxing, or hosting guests. The home also includes an eat-in kitchen, a king-sized bedroom with an ensuite bath, and an additional half bathroom, a rare and valuable feature for a one-bedroom co-op.
The building at 7101 Colonial Road is professionally managed and offers a live-in superintendent, bike storage, pet-friendly policies, and no flip tax, making ownership easier and more cost-effective.
Set in one of Brooklyn's most beloved neighborhoods, this Bay Ridge co-op is surrounded by tree-lined blocks, local restaurants, cafés, shops, and everyday conveniences along 3rd Avenue and 5th Avenue. For outdoor space and waterfront views, the Shore Road Promenade is nearby, offering scenic walking paths, fresh air, and access to one of Bay Ridge's most beautiful outdoor destinations.
Commuting is simple, with the train just three blocks away and express bus service into Manhattan nearby. Whether you are looking for space, convenience, building amenities, or a prime Bay Ridge location, this one-bedroom co-op at 7101 Colonial Road delivers exceptional value.
Key features include: spacious one-bedroom layout, 1. 5 bathrooms, king-sized bedroom, ensuite bath, eat-in kitchen, large living/dining area, pet-friendly building, live-in superintendent bike storage, no flip tax, and convenient access to transportation, shopping, dining, and Shore Road. some pictures virtually staged.
Features
- Town: Brooklyn
- Cooling: Unknown Type
- Levels: 6
- Amenities: Bike Room; Courtyard; Laundry Room; Private Storage For Fee;
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full / 1 half
- Laundry: Other
- Year Built: 1928
- Pet Policy: Case By Case
- Building Access : Elevator
- Service Level: Voice Intercom
- Built Size: 168'x150'
- OLR#: RLS20064172
- Days on Market: 141 days
- Website: https://www.raveis.com
/prop/RLS20064172/7101colonialroad_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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888.699.8876
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
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7101 Colonial Road, #L2E, Brooklyn (Bay Ridge), NY, 11209
$330,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $264,000 | $264,000 | $264,000 |
| 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 | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,562 | $1,625 | $2,140 |
| Total Monthly Payment | $1,637 | $1,700 | $2,215 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535