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This incredible "blank canvas" opportunity is tailor-made for a visionary cash buyer looking to design their dream space from scratch at The Robert Livingston co-op, located at 85 Livingston Street in Brooklyn. A true contractor's special requiring a complete top-to-bottom renovation, this bright alcove studio is bathed in natural light and features a spacious layout that easily accommodates distinct living and dining areas, complete with a partial wall already in place to separate the sleeping nook. While the apartment interior awaits your architect's touch, the building itself has been beautifully modernized with premium upgrades, including a renovated lobby, a WiFi-enabled co-working lounge, and a brand-new gym. Residents enjoy the ease of full-service building perks like 24-hour doorman coverage, a live-in superintendent, and card-operated laundry facilities, alongside general and bicycle storage (subject to a waitlist) and access to an independently run parking garage right on-site for an additional fee. Providing unbeatable value, the monthly maintenance conveniently covers all your utilities: heat, electricity, gas, and hot water. Ideally positioned in Downtown Brooklyn, this pet-friendly co-op places you moments from fantastic dining and shopping destinations lining Atlantic Avenue, Court Street, and Smith Street. Commuting is also exceptionally convenient, offering effortless access to the A/C/F/N/R/2/3/4/5 transit hub at Borough Hall. Please note that this specific property is a cash-only purchase and is being sold strictly in as-is condition.
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Our Executive Mortgage Banker:
$399,000
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 |
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|---|---|---|---|
| Loan Amount | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,939 | $2,015 | $2,651 |
| Total Monthly Payment | $2,014 | $2,090 | $2,726 |
* 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.