IMMEDIATE CLOSINGS! SHOWINGS ARE AVAILABLE BY APPOINTMENT.
This building is approved for a 1st-time homebuyers program. First time buyers may qualify for a loan with a 5. 625% fixed interest rate for 30 years. Please note that the interest rate is subject to change. Don't miss out on this limited-time offer.
Welcome to 2025 Ocean Avenue a perfectly scaled collection of 1-bedroom, 2-bedroom and 3-bedroom residences. Located in Midwood, just minutes away from Kings Highway active shopping corridors. Enjoy all of the luxuries of new construction as well as comfort and convenience that is offered by this neighborhood.
Unit 1C is a spacious and inviting 1 bedroom / 1 bathroom + Home Office layout with a large outdoor space with access from both living room as well as bedroom! As you enter this home you are welcomed by the kitchen/dinning room that leads further into the living space. The living room connects with a home office/ additional room alcove. Enjoy the convenience of space with this roomy King-sized bedroom with a large walk in closet. What makes this unit standout is that you can appreciate the morning sunlight from its eastern exposure throughout the entire home.
The Kitchen is outfitted with Germany imported cabinetry with soft closing mechanism, quartz countertops and modern backsplash, under-cabinet lighting, stainless-steel appliance by Bloomberg, featuring 5 burner stove with illuminated knobs, Stainless steel dishwasher, and microwave with an exhaust vent. The kitchen also has a window allowing in fresh air and natural light flow.
The bathroom feature porcelain tiles, toilet with dual flush, vanity with storage, medicine cabinets, and whirlpool soaker tub with jets featuring handheld and fixed rain shower head! All residences feature large, German imported, triple pane - sound proof, tilt and turn technology windows allowing you to maximize natural light throughout your home. They also include central heating and cooling with individual room thermostats. A washer/dryer is added in every residence for further convenience.
Welcome to 2025 Ocean Avenue. We hope to see you soon!
All measurements are approximate. Images are renders that were virtually staged. Pictures Represent Various Layouts.
The complete offering terms are in an offering plan available from the File No: CD 19-0199
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Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$579,000
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 | $463,200 | $463,200 | $463,200 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,160 | $3,079 | $3,906 |
Total Monthly Payment | $3,252 | $3,171 | $3,998 |
* 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.