1615 Avenue I, #404, Brooklyn (Midwood), NY, 11230 | $625,000

New to Market Upscale Renovations Private Terrace

A striking, two-bed, two-bath cooperative apartment in the heart of treelined Midwood can now be all yours! Stationed in a quiet corner of the fourth floor, this unit has a plethora of light with both southern and western exposures. The eat-in galley kitchen opens up to the living and dining rooms. You'll find high-end ceiling-height cabinets and hardware, granite counters, and a decorative, tiled backsplash there. The premium kitchen appliances include a Thermador, French-door refrigerator, Kitchen-Aid oven, and microwave. A rarity in co-ops, this apartment flaunts a full-size Bosch washer and dryer. The dining room is large enough to entertain numerous friends and family. The apartment has beautifully finished hardwood flooring, recessed lighting, and decorative moldings. The seven closets offer a plentiful amount of storage space. The primary bedroom, with three closets, boasts an en-suite, windowed bathroom with shower. The main bathroom is also windowed and has a large shower, too. The sizeable second bedroom has a large walk-in closet.

Exceptionally financially sound and responsibly managed, this pet-friendly building is a short distance to the Q train, numerous bus lines, a public library, Brooklyn and Touro Colleges, and all the shopping and dining choices on Avenue J and Coney Island Avenue. The neighborhood recently honored the famed pizzaiolo Dom DeMarco with a street renaming near his iconic Di Fara Pizza, just a couple of blocks away.

The buildings have undergone expansive improvements, with more in the works. In-house services include doorpersons, a security detail (plus many cameras), garage parking ($120/mo), extra storage, laundry, a bike room, a live-in super, and porters.

Showings have begun in this unit, one of the largest in the co-op, so make an appointment to see this unit today!

Some photos have been virtually staged. Dom Demarco photo courtesy of Council Member Justin Brannan's office.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Bike Room; Garage; Courtyard; Laundry Room;
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Terrace Gardens Plaza
  • Year Built: 1941
  • Pet Policy: No Pets
  • Washer / Dryer: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU1559923210406
  • Days on Market: 45 days
  • Website: https://www.raveis.com
    /prop/RPLU1559923210406/1615avenuei_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 74 West Real Estate

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1615 Avenue I, #404, Brooklyn (Midwood), NY, 11230

$625,000

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 $500,000 $500,000 $500,000
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 $92 $92 $92
Initial Principal & Interest Pmt $3,327 $3,323 $4,287
Total Monthly Payment $3,419 $3,415 $4,379

* 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.