515 East 7th Street, #5D, Brooklyn (Kensington), NY, 11218 | $448,000

Kensington Corner Unit! Sun-filled, expansive one bedroom/one bathroom corner unit with Southern & Eastern unobstructed views.

One of the best lines in the building, upon entry into 5D, there is a spacious foyer with a coat closet that then leads to a huge living room. A dining room set up can beautifully fit in this long living room. Alternatively, the foyer continues toward the kitchen into a dining area that can easily host a large dinner party. The windowed kitchen has tons of storage, stainless steel appliances including a dishwasher, with a pantry closet just outside the kitchen.

The oversized bedroom is on the corner with both exposures and has a large well-organized closet. Leading to the bedroom is a small hallway separating the living space and the bedroom. The hallway includes another large closet. The windowed bathroom has black and white tiles, crisp and clean. Both bedroom and living room feature through window AC. Original parquet wood flooring throughout.

The Manchester is one of Kensington's most desirable post-war coops. Built in 1961, this 6 story building has 123 units, a large green outdoor space and an indoor garage (short waitlist). The building has 2 updated elevators, a central laundry room, additional storage & a bike room. The building also boasts a full-time super and porter who keeps the building immaculate. Cats are permitted, sorry No Dogs

Situated on a delightful tree-line street, this home is in close proximity to the Church Ave and Cortelyou Rd corridors. Enjoy beloved local establishments like Der Pioneer, Hinterlands Bar, Wheated, Werkstatt, Caf Fez, Thai Farm Kitchen, Mimi's Hummus, Leas, The Windsor Terrace Food Co-op, Prospect Park, and more! Access beautiful, Ocean Parkway's walking and bike paths, just 1 block away. Prospect Park, Downtown Brooklyn, Manhattan and Coney Island all easily accessible! Fantastic Transportation: with Q, B, F & G trains nearby and many express buses Come check it out!

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Bike Room; Garage; Garden; Laundry Room; Common Storage;
  • Rooms: 1
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Manchester, The
  • Year Built: 1961
  • Pet Policy: Pets Allowed
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • OLR#: RPLU771023037574
  • Days on Market: 173 days
  • Website: https://www.raveis.com
    /prop/RPLU771023037574/515east7thstreet_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 Poljan Properties

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NMLS Mortgage Loan Originator ID 1880936

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515 East 7th Street, #5D, Brooklyn (Kensington), NY, 11218

$448,000

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 $358,400 $358,400 $358,400
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 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,384 $2,382 $3,073
Total Monthly Payment $2,459 $2,457 $3,148

* 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.