Subletting permitted on day 1! Make this spacious and sun-filled 2 Bed/1 Bath Co-Op apartment your new home in Kensington! Located on leafy Ocean Parkway, this third floor unit was recently gut renovated and includes features such as an open floor layout, two sizable bedrooms, living area that has enough space for both your living and dining room furniture, along with a seperate galley eat-in kitchen that comes fitted with wooden cabinetry and stainless steel appliances. Additional features include ample closet and storage space, through-wall A/C, hardwood flooring, soaring ceilings, full bath fitted with a tub, and some pre-war details. Heat & hot water, gas and real estate taxes are included with the maintenance. 510 Ocean Parkway is a well-maintained boutique pre-war elevator Co-Op featuring a laundry room, bike room, storage facility (for an additional cost), and a restored lobby. Enjoy a prime Kensington location, just a short jaunt from Prospect Park, as well as the shopping and dining district along Ditmas Avenue and Cortelyou Road, including neighborhood favorites like the Flatbush Co-Op, Cortelyou Greenmarket and the Farm on Adderley. Less than 30 minutes from Downtown Manhattan via public transportation such as the F train at Ditmas Avenue or the B/Q trains at Cortelyou Road. Quick board approval. No pets allowed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$405,000
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 | $324,000 | $324,000 | $324,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,156 | $2,153 | $2,732 |
Total Monthly Payment | $2,231 | $2,228 | $2,807 |
* 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.