Brooklyn (Sunset Park), NY, 11220 | $350,000

Welcome home to this spacious 2-bedroom CO-OP apartment located in the vibrant Sunset Park neighborhood of Brooklyn. This unit is in a pre-war HDFC building with a very low monthly maintenance fee of just $540 per month. Enjoy the peace and quiet this unit offers with a breathtaking view of the Verrazano Bridge.

Bring your vision and creativity to turn this apartment into the living space of your dreams. Priced well below market value to accommodate renovations. The apartment features high ceilings and spacious rooms. The kitchen offers original hardwood cabinets with a dishwasher and plenty of sunlight. The open kitchen layout opens into the generously sized sun-filled living room that is waiting for your creative ideas.

The master bedroom contains a large closet with custom-built mirrored sliding doors. This bedroom is large enough to fit a Queen size bed comfortably. The second bedroom is nearly identical to the master bedroom, containing a large closet and plenty of natural light.

414 61st Street was built in 1912 and has 4 stories with 17 units. This building has the following HDFC income restrictions: Buyers must meet the following maximum annual income criteria - 1 or 2 people $49, 119 and 3+ people $57, 303. The building is near the N and R trains. Leif Ericson Park, Shore Park, Owls Head Park, McKinley Park and Sunset Park are all within walking distance and perfect for recreation, exercise and leisure. ***apartment is being sold as-is, cash buyers. Cannot exceeded maximum annual income requirement****





Features

  • Town: Brooklyn
  • Heating: Radiant
  • Cooling: None
  • Levels: 4
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Building None,None
  • Complex: 414 61st Street
  • Common Charge: $540 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Yes
  • MLS#: RLMX-95270
  • Days on Market: 370 days
  • Website: https://www.raveis.com
    /prop/RLMX-95270/41461ststreet_brooklyn_ny?source=qrflyer
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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 HomeDax Real Estate   Phone: (917) 960-8524

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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Brooklyn (Sunset Park), NY, 11220

$350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $280,000 $280,000 $280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.508% 7.171% 6.392%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,910 $1,861 $2,382
Total Monthly Payment $1,985 $1,936 $2,457

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.