Brooklyn (Clinton Hill), NY, 11205 | $425,000

Please note: This unit is being offered as a combination one-bedroom plus separate studio unit. Units are not legally combined. Units are being offered in AS IS condition. Welcome to 1517. This unit is being offered as part of the 1517/1518 combined unit. Upon entering the unit, the opposite end of the living area takes you to the a bedroom space, currently separated by a sliding partition. The generous bedroom-area is expansive, featuring its own private-entry, an office or an additional walk-in closet. A long, closeted foyer guides you to its own private full bath. This is the studio portion of what can be a potential combined unit boasting ample closet space throughout. Built in 1958, the Willoughby Walk Cooperative Apartments are comprised of a 287-unit high-rise at 195 Willoughby Avenue as well as a 287-unit high-rise at 185 Hall Street in Clinton Hill, Brooklyn. Both buildings feature a resident super, multiple elevators, basement laundry, 24/7 security at their front entrances, bike storage and parking. The apartments range from 3 bedrooms to studios, and many feature terraces. Subletting is on a case-by-case basis for a maximum of one year during ownership, co-purchasing is allowed. Pets are welcome. Enjoy nearby restaurants, cafes, and shopping. Minutes from Barclays Center, Fort Greene Park, Pratt Institute, Downtown Brooklyn, and Manhattan, and close to the G train at Classon Avenue station.

Features

  • Town: Brooklyn
  • Levels: 16
  • Rooms: 3
  • Baths: 1 full
  • Lot Size: 310.000000x377.000000
  • Laundry: Common On Floor,Common Area
  • Complex: Willoughby Walk
  • Year Built: 1958
  • Common Charge: $688 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • View: City
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • MLS#: RLS20089640
  • Days on Market: 212 days
  • Website: https://www.raveis.com
    /prop/RLS20089640/195willoughbyavenue_brooklyn_ny?source=qrflyer
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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 Compass   Phone: (212) 913-9058

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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:

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Brooklyn (Clinton Hill), NY, 11205

$425,000

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 $340,000 $340,000 $340,000
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 $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,011 $2,093 $2,756
Total Monthly Payment $2,086 $2,168 $2,831

* 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.