179 Ocean Parkway, #1E, Brooklyn (Kensington), NY, 11218 | $599,000

This beautifully renovated co-op is ideally located at the border of Windsor Terrace and Kensington, just moments from Prospect Park, the Windsor Terrace Food Co-op, the East 4th Street Community Garden, and some of Brooklyn's most beloved neighborhood amenities.

The home features a spacious open-concept living and dining area anchored by a thoughtfully updated kitchen with high-end appliances, sleek modern finishes, and exceptional storage throughout.

The bathroom is equally impressive, featuring a whirlpool soaking tub and a convenient front-loading apartment-sized washer.

Flex layout can be used as two bedrooms where both bedrooms will comfortably accommodate queen-sized beds and additional furniture. Each offers generous closet space and overlooks a tranquil garden setting, creating a quiet and peaceful retreat.

Adding to the home's appeal are two private basement storage lockers included at no additional monthly cost - a rare and valuable convenience.

Situated on an elevated first floor with a true second-floor feel, the apartment faces East 7th Street and benefits from excellent natural light along with enhanced privacy and quiet.

The financially strong building has no underlying mortgage and offers a variety of amenities that enhance daily living, including bike storage, stroller parking, a community garden, and multiple shared outdoor spaces perfect for relaxing or enjoying warm-weather afternoons.

A true move-in-ready opportunity in one of Brooklyn's most desirable and livable neighborhoods.

Pet friendly - dogs and cats welcome.

Subletting permitted after two years of owner occupancy.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 4
  • Amenities: Bike Room; Courtyard; Laundry Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: None
  • Year Built: 1923
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • Built Size: 100'x108'
  • OLR#: RLS20072730
  • Days on Market: 100 days
  • Website: https://www.raveis.com
    /prop/RLS20072730/179oceanparkway_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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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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179 Ocean Parkway, #1E, Brooklyn (Kensington), NY, 11218

$599,000

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 $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,870 $2,990 $3,947
Total Monthly Payment $2,962 $3,082 $4,039

* 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.