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On a tree lined street, with manicured lawns dotted in the spring with cherry blossom petals, there is a house with a bay window, home for 70 years to a Professor of Engineering, the longest tenured professor at Brooklyn Polytechnic Institute. Welcome to 119 80th Street, a beautifully preserved, pre-war, single-family home 18' by 56' on a 26' by 118' lot. Central to the living room is a working fireplace, accented by custom built shelves. Beyond the living room is a formal dining room, which leads to an eat in kitchen.
Three bedrooms, on the second floor, plus a home office or bonus room on the first, make this a forever home. Off the primary bedroom is an expansive terrace. Two gems make this space truly special: a finished basement with wood paneling, an additional fireplace, full bathroom, separate laundry room with linen closet, and many closets for storage, and original wood floors on the first and second floors. Next to a tree in the backyard is a private driveway and garage. A nine-foot attic can be transformed into an ample living space.
Close to the park, subway, and the waterfront, located in prime Bay Ridge, a neighborhood that is a microcosm of New York City's culture and cuisine, make this the best of many worlds, the ideal suburban home in the city.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,595,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,345 | $7,961 | $10,854 |
Total Monthly Payment | $7,470 | $8,086 | $10,979 |
* 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.