2821 Kings Highway, #5L, Brooklyn, NY, 11229 | $215,000

Welcome to unit 5L at 2821 Kings Highway — Kingsway Gardens, Midwood Brooklyn. Perched on the 5th floor of this well-loved co-op community, this sun-drenched one bedroom, one bathroom residence offers sweeping open views and extraordinary natural light that pours in throughout the day. Move right in — this classic, well-maintained home is clean, comfortable, and ready for its next chapter. The layout is smart and livable: a generous living room is spacious enough that it can accommodate a dining area, perfect for both relaxing and entertaining. The separate windowed kitchen offers great functionality, while the spacious bedroom — elevated above the neighborhood rooftops — captures light and airflow from multiple windows. A windowed bathroom and ample closet space round out this thoughtfully designed floor plan. Hardwood floors run throughout. The building delivers: Kingsway Gardens is a proud, established co-op with an updated elevator, secured lobby with intercom, on-site laundry, a live-in superintendent, security cameras, and garage parking (waitlist). Monthly maintenance covers heat and hot water — keeping your carrying costs refreshingly low. The location is unbeatable. Situated on Kings Highway between East 28th and East 29th Streets, you're steps from supermarkets, pharmacies, restaurants, banks, and the vibrant shops lining the Kings Highway corridor. The B and Q trains are nearby, the 2 train is just minutes away, and multiple MTA bus routes stop right at the building entrance. This is a rare opportunity to own on the 5th floor of one of Midwood's most recognized addresses — at a price point that simply doesn't come around often. No flip tax. Heat and hot water included in maintenance. Parking waitlist available. Board approval required.

Features

  • Parking: Waitlist
  • Heating: Steam
  • Cooling: Wall/Window Unit(s)
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Year Built: 1950
  • Approx Sq. Feet: 720
  • Elem. School: Ps 197 Kings Highway Academy
  • Middle School: Andries Hudde
  • High School: James Madison High School
  • School District: Community District 22
  • Pets Allowed: No
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • MLS#: 1003074
  • Website: https://www.raveis.com
    /prop/1003074/2821kingshighway_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Legendary   Phone: 516-328-8600

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

2821 Kings Highway, #5L, Brooklyn, NY, 11229

$215,000

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 $172,000 $172,000 $172,000
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 $1,059 $1,086 $1,428
Total Monthly Payment $1,134 $1,161 $1,503

* 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.