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Welcome home to this beautifully bright corner 2-bedroom, 1-bath apartment on the 5th floor of a well-maintained elevator co-op in the heart of Bay Ridge. This inviting home is filled with natural light from oversized corner windows and features gleaming hardwood floors and a smart, comfortable layout. The kitchen offers generous cabinet space, a brand-new refrigerator, and a stove ideal for both everyday cooking and entertaining. Both bedrooms are well-proportioned, and the apartment offers excellent closet space and additional storage throughout, providing a truly functional living experience. The building is part of the charming Flagg Court complex, known for its well-run co-op community. Residents enjoy: * Elevator building with on-site laundry and storage * Parking available (waitlist) * Live-in super and dedicated maintenance staff * No flip tax * Quick board approval process * Utilities included in the maintenance of $1, 771/month (heat, hot water, electric, taxes) Located just off Shore Road, you're moments from parks, waterfront paths, shops, dining, and public transportation, including the R train, express buses, and NYC Ferry for easy commuting. Don't miss this opportunity to own a bright, peaceful home in one of Bay Ridge's most desirable co-ops. Board approval required.
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Our Executive Mortgage Banker:
$349,999
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $279,999 | $279,999 | $279,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,724 | $1,768 | $2,325 |
| Total Monthly Payment | $1,799 | $1,843 | $2,400 |
* 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.