175 Willoughby Street, #7N, Brooklyn (Downtown), NY, 11201 | $600,000

175 Willoughby St. 7N offers an ideal home at the crossroads of Downtown Brooklyn and Fort Greene. This spacious one-bedroom residence is perfectly suited for comfortable living and working from home. Assigned PARKING spot #157 for sale, negotiable as a package sale.
A generous foyer welcomes you into a bright, expansive living room with ample space for both a dining area and a dedicated workspace. The windowed kitchen is thoughtfully designed, featuring a full-sized dishwasher, abundant counter space, and plenty of cabinetry for storage.
The king-sized bedroom is a true retreat, complete with two closets and dual window exposures that provide excellent natural light.
University Towers is a gated, well-maintained co-op community known for its strong financials and beautifully landscaped grounds. Residents enjoy a wide range of amenities, including 24-hour door attendants, package rooms, enhanced security systems, a newly renovated fitness center, a modern laundry facility, and a large outdoor picnic area equipped with four commercial-grade gas grills and complimentary Wi-Fi. Additional features include a children's playground and on-site parking available for purchase or rent. Subletting is permitted (with a waiting list), as are co-purchasing, gifting, and purchases by parents.
Monthly maintenance covers property taxes, heat, hot water, and cooking gas. There is no flip tax.
Conveniently located just one block from the Q, R, and B subway lines, and within a few blocks of the 2, 3, 4, 5, A, C, and F trains, as well as the LIRR and multiple bus routes.
The building is moments from shopping, dining, and entertainment options including Target, Trader Joe's, DeKalb Market Hall, Alamo Drafthouse, Fort Greene Park, Brooklyn Hospital, Barclays Center, the BAM cultural district, Whole Foods 365, Wegmans, Junior's, Macy's, MetroTech, Atlantic Center, Fulton Street, and City Point.
Sorry, no pets.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 15
  • Amenities: Garage; Courtyard; Garden; Fitness Room; Laundry Room; Playground; Lounge; Party Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Other
  • Complex: University Towers
  • Year Built: 1963
  • Pet Policy: No Pets
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • Built Size: 206'x73'
  • OLR#: RLS20093762
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/RLS20093762/175willoughbystreet_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

Our Executive Mortgage Banker:

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175 Willoughby Street, #7N, Brooklyn (Downtown), NY, 11201

$600,000

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 $480,000 $480,000 $480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.866%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,875 $3,031 $3,954
Total Monthly Payment $2,967 $3,123 $4,046

* 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.