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125 Ocean Avenue, #5L, Brooklyn (Prospect Leffert Gdn), NY, 11225 | $575,000
Welcome to apartment 5L - Move right in! The apartment has been undergoing a full renovation in the past couple of months and is in absolute mint condition. We are still doing some finishing touches, but the door is finally open. More photos to come, as we finalize the details. The extremely low maintenance, excellent location and simple board approval makes this a home worth seeing.
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.Features
- Town: Brooklyn
- Cooling: Unknown Type
- Levels: 6
- Amenities: Bike Room; Laundry Room; Private Storage;
- Rooms: 3
- Baths: 1 full
- Year Built: 1939
- Pet Policy: Pets Allowed
- Building Access : Elevator
- Service Level: Voice Intercom
- OLR#: RPLU5123152365
- Days on Market: 49 days
- Website: https://www.raveis.com
/prop/RPLU5123152365/125oceanavenue_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 - Park Plaza
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888.699.8876
Contact@raveis.com
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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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
125 Ocean Avenue, #5L, Brooklyn (Prospect Leffert Gdn), NY, 11225
$575,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $460,000 | $460,000 | $460,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,908 | $2,904 | $3,756 |
| Total Monthly Payment | $3,000 | $2,996 | $3,848 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535