Brooklyn (Fiske Terrace), NY, 11230 | $115,000
Handy-Man Special! 10% Down Permitted Income restrictions apply. Welcome to 1212 Ocean Avenue, Unit 6E, a cozy co-op outlining Fiske Terrace-Midwood Park Historic District. This charming pre-war building offers a unique opportunity for those with a vision to create their dream home. While the unit could use some tender loving care, it brims with potential, ready to be transformed into your personalized urban sanctuary. Located within the vibrant and diverse neighborhood of Flatbush, you're just steps away from an array of amenities. Enjoy leisurely strolls in nearby Prospect Park or catch the latest indie flicks at the Brooklyn Center for Independent Cinema. You'll have convenient access to public transportation, including the 2, 5 train at Flatbush Av-Brooklyn College and B and Q trains just 4 blocks away -- making commuting to other parts of Brooklyn and Manhattan is a breeze. Flatbush is home to a mix of trendy cafes, delicious eateries, and local shops. For those with pets, you'll be pleased to know the building is pet-friendly with board approval, welcoming your furry friends to join you in your new abode. The pre-war construction ensures you'll be surrounded by unique character and charm that you won't find in modern high-rises. Seize the chance to make this Flatbush gem your own. This building allows a down payment of 10%. Please note that this is an HDFC property with income restrictions of 120% of AMI. Maximum income limits are detailed here. 1 Person $130, 440 2 People $149, 160 3 People $167, 760 Bring your contractor and start envisioning the potential of 1212 Ocean Avenue, Unit 6E. Don't miss out on this fantastic opportunity to transform a space into your personalized oasis in one of Brooklyn's beloved neighborhoods!
Features
- Town: Brooklyn
- Rooms: 2
- Bedrooms: 1
- Baths: 1 full
- Laundry: Building None
- Common Charge: $351 Monthly
- Pet Policy: Building No,No
- Appliances: Washer Dryer Allowed
- MLS#: RPLU-850723196170
- Days on Market: 0 day
- Website: https://www.raveis.com
/prop/RPLU-850723196170/1212oceanavenue_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 Brown Harris Stevens Brooklyn LLC Phone: (212) 381-3232
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888.699.8876
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Brooklyn (Fiske Terrace), NY, 11230
$115,000
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 | $92,000 | $92,000 | $92,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 5.990% | 4.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.398% | 6.161% | 5.152% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $559 | $551 | $722 |
| Total Monthly Payment | $634 | $626 | $797 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535