1494 Ocean Avenue, #1G, Brooklyn (Midwood), NY, 11230 | $429,000

Newly renovated CONDO SPONSOR UNIT on the parlor floor of lovely pre-war building, with sprawling kitchen and spacious layout. The G line is very quiet as it is in the rear of the building, conveniently situated just one flight up from ground level. Love to cook? You are guaranteed to adore the GIANT kitchen which is reminiscent of a new suburban home. The never-been-touched stainless steel appliances, with quartz countertops, dishwasher and deep sink, and huge amount of cabinet storage. The apartment has a long foyer across from the open kitchen, which would be a lovely spot for a large dining table set. Feel free to bring along your sectional for the living room with two windows and lots of wall space for artwork and entertainment system. Oversized bedroom fits a king sized bed!The stunning new bathroom features subway tiled walls, marble vanity and high end chrome finishes, frosted window and overhead ventilation. Very well kept and charming pre-war building with meticulously restored lobby, with laundry facility and super.


Easy access to Ocean Avenue and all of the great shopping and dining offered along Avenue J. Within blocks to Touro University and Brooklyn College, the B-Q train at Avenue J around the corner. Unit 4C is set back in the building and super quiet. Photos virtually staged.

This is a SPONSOR unit. With SUPER LOW MONTHLIES, its a great option for first time home buyers, investors, co-purchasing, pied-a-terre, or 1031 exchange. This is a pet friendly building. Call us today!
NYS & NYC Transfer Taxes are paid by the purchaser.


Welcome Home!

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 4
  • Amenities: Laundry Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Year Built: 1922
  • Pet Policy: No Pets
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • OLR#: RPLU33423044093
  • Days on Market: 22 days
  • Website: https://www.raveis.com
    /prop/RPLU33423044093/1494oceanavenue_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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1494 Ocean Avenue, #1G, Brooklyn (Midwood), NY, 11230

$429,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $343,200 $343,200 $343,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.841% 7.159% 6.518%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,283 $2,281 $2,943
Total Monthly Payment $2,358 $2,356 $3,018

* 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.