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Welcome Home to this Lovely & Spacious One Bedroom Apt In Bay Ridge! Entering the apartment, you are welcomed by the inviting foyer, which leads to the living room, kitchen and bedroom. The living room offers plenty of space and currently used as a living and dining room. Doors have been installed to provide separation and privacy as needed. Past your kitchen is the ceramic tiled bathroom, then past that is your king size bedroom that receives plenty of sunlight. Two sizable closets and two and a half sets of windows allow for light and airflow in multiple directions. Your bedroom is facing the Fourth Avenue side of the building, with large and beautiful trees shading and complimenting your view. There are a total of 4 closets in the apartment. There are also 3 ceiling fans, one in each room providing for great air flow throughout the apartment. This Bay Ridge gem is located in a financially secured and well-maintained building with a live-in super, P/T doorperson, 2 laundry rooms, elevators, renovated lobby and bright hallways throughout the whole building. -The inviting landscaped courtyard is a definite draw with seasonal changes to decorations. - Small pets are accepted by your community. - Waitlist for Parking and Storage bin. - Maintenance includes gas, heat, water, and real estate taxes. - Sublet allowed after 2 years upon board approval. - Tax abatement and STAR credit received each year (based on eligibility) gives you approximately one month back in maintenance. - Monthly assessment of $457. 60 in place until October 2025 This building provides you with the essentials for comfortable living in the city. Convenient location with the R train station, local and express buses and the entrance to the expressways all within a few blocks. Plenty of restaurants and cafes to enjoy and supermarkets and retail stores for your shopping needs. The bay is just a few blocks away for you to go for a stroll, enjoy the water or watch the beautiful sunsets. Shown by appointment – so call, text or email today to schedule a private showing to see this Bay Ridge gem for yourself!
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Our Executive Mortgage Banker:
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$375,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
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 | $300,000 | $300,000 | $300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,896 | $1,971 | $2,511 |
Total Monthly Payment | $1,971 | $2,046 | $2,586 |
* 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.