OPEN HOUSES BY APPT ONLY. A spacious one-bedroom home with a leafy terrace perched on the top floor of a modern condominium with unmatched views of Manhattan. Situated in the historic Ocean Hill area, the unit perfectly combines contemporary comfort with the distinct charm of Brooklyn. The spacious interior is awash with natural light, highlighting the well-appointed kitchen that features Caesarstone countertops, a complete set of Kitchen Aid stainless steel appliances, an expansive island for culinary activities and social dining, alongside ample storage. An adaptable large alcove near the kitchen can function as a dining area, home office, or even a second bedroom, enhancing the apartment's versatility. The open-concept living area is thoughtfully arranged to include a dining space and comes with attractive, fixed bookshelves for personal collections. The entire apartment boasts solid five-inch hardwood floors, adding to its elegant appeal, while a smartly designed bathroom optimizes the layout. The bedroom dazzles with its large windows, comfortably fits a king-sized bed, and includes significant storage options. A nearby closet equipped with a Miele washer and dryer adds to the convenience. A standout feature is the charming terrace, accessible from the living room which offers ample space for outdoor dining, a small garden, and relaxation. It's the perfect spot for enjoying open-air entertainment and the stunning Manhattan skyline at sunset. Located at 205 MacDougal Street, this intimate building with just eight units was built in 2016. It's conveniently close to the Rockaway Ave A/C, JMZ at Chauncy St, and the L at Bushwick Ave subway stations. The vicinity is buzzing with popular venues like All Nite Skate and Chez Oskar, hinting that this neighborhood’s value is on the rise. This presents a unique opportunity to invest in one of Brooklyn's last hidden treasures, mere moments from Manhattan.
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Our Executive Mortgage Banker:
Our Insurance Division:
$595,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $476,000 | $476,000 | $476,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.146 | 6.120% |
Monthly Tax Payment | $610 | $610 | $610 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,087 | $3,127 | $3,985 |
Total Monthly Payment | $3,789 | $3,829 | $4,687 |
* 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.