Welcome to apartment 5L
This bueautiful studio has been undergoing a full renovation and is in absolute mint condition. The kitchen features brand new steel appliances and a new stone floor. Throughout the apartment, the original hardwood floors have been sanded and treated to perfection. Â
125 Ocean Avenue, directly across from Prospect Park. This amazing location is a block away from the B, Q, and S Prospect Park subway station, and directly across the street from Prospect Park''s Lincoln Road entrance. The Park''s lush beauty set aside, it offers attractions with playgrounds, skating rink, the world renowned botanical garden, and of course it''s fantastic zoo, carousel, and boathouse. Prospect Lefferts Gardens offers an abundance of coffee shops, grocery stores, bars, and restaurants within a few blocks from the building. The summer highlight is the seasonal Sunday Smorgasburg just across the street. Nearby Lincoln Market is a new, organic grocery store which has become a neighborhood favorite and is around the corner. This 6 story, 65 unit, elevator building has excellent financials, recently renovated lobby and hallways, a live-in super, laundry room, a bicycle room, and storage units.
All Open Houses are by appointment only. Contact Listing Agent for a private tour.
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Our Executive Mortgage Banker:
Our Insurance Division:
$475,000
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 | $380,000 | $380,000 | $380,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,526 | $3,205 |
Total Monthly Payment | $2,603 | $2,601 | $3,280 |
* 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.