855 East 7th Street, #6M, Brooklyn (Ocean Parkway), NY, 11230 | $278,000

Move right into this bright and sunny 1-bedroom coop located on the 6th floor of the most sought after buildings in Midwood. The west-facing living room and bedroom are both generously sized, filling the space with abundant natural light. The apartment can use some work, with a kitchen that offers ample cabinetry and is ready for a fresh makeover. There is also room to install a dishwasher if desired. Additional features include a double closet in the bedroom, another double closet in the foyer, hardwood floors, and a tiled bathroom. All utilities, except electricity, are included in the low monthly maintenance.

This popular post-war building has two modernized elevators, a recently renovated lobby and hallways, and a 24hr laundry. You will appreciate communicating with a friendly live-in super! External, low-cost parking has a reasonable waiting list, and electric car charging station having been installed. The brand new gym is refreshingly spacious, featuring windows and high ceilings. The hallways just underwent a full upgrade. A bicycle room is on-premises (waitlisted), as well as the storage room. The mailroom is secure, and the brand new video intercom system uses the latest security technology such as face recognition, etc.

Take the F, Q, or B train for a 35-minute commute to Downtown Manhattan. The bicycle path along Ocean Parkway is a block away for a potential northbound ride to Prospect Park or to the beaches in the south. Ditmas Park, with its ever-growing number of restaurants, bars, and coffee shops, is just a few blocks away. The building is wired for FIOS. Up to 2 cats are officially allowed! Sorry: no dogs.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 7
  • Amenities: Bike Room; Garage; Laundry Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Year Built: 1963
  • Pet Policy: Pets Allowed
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • LobbyAttendant: No
  • OLR#: RPLU5123210002
  • Days on Market: 47 days
  • Website: https://www.raveis.com
    /prop/RPLU5123210002/855east7thstreet_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 Douglas Elliman Real Estate

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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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855 East 7th Street, #6M, Brooklyn (Ocean Parkway), NY, 11230

$278,000

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 $222,400 $222,400 $222,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,517 $1,478 $1,876
Total Monthly Payment $1,592 $1,553 $1,951

* 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.