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Step into the charm and comfort of this newly listed cooperative apartment nestled in the heart of Brooklyn's vibrant Midwood neighborhood. Designed for urban living, this one-bedroom, one-bathroom gem is perfectly suited for anyone looking to start anew or downsize with style.
Imagine waking up in your spacious primary bedroom, filled with natural light and ample closet space. The layout allows effortless flow from the cozy living area to the neatly appointed, fully-renovated, windowed kitchen, making it ideal for entertaining or a quiet night in.
Looking for a green escape or a day on the rides? Prospect Park, offering a sprawling area for sports and leisure, or Coney Island with its famous beach and amusements, are only short rides away. Exceptionally financially sound cooperative, and responsibly managed, this pet-friendly building is a short distance to the Q train, numerous bus lines, a public library, Brooklyn and Touro Colleges. Lots of shopping and dining choices are moments away on the Avenue J and Coney Island Avenue corridor. The neighborhood recently honored the celebrated late pizzaiolo Dom DeMarco with a street renaming near his iconic Di Fara Pizza, just a couple of blocks away.
The buildings have undergone expansive capital improvements, with more in the works. In-house services include doorpersons, a security detail (plus many cameras), new video intercom, garage parking ($120/mo), extra storage, laundry, a bike room, a live-in super, and porters.
This property is a perfect match for those who appreciate the blend of affordability, location, and community. It's not just a place to live, but a gateway to the experiences and the eclectic charm that Brooklyn has to offer. Take the leap and make this cozy, connected, and vibrant place your new home. Showings have begun in this unit, one of the largest in the co-op, so make an appointment to see this unit today!
Some photos have been virtually staged. Dom Demarco photo courtesy of Council Member Justin Brannan's office.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $252,000 | $252,000 | $252,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,634 | $1,698 | $2,161 |
Total Monthly Payment | $1,709 | $1,773 | $2,236 |
* 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.