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Welcome to this spacious, updated, true two bedroom coop in a Pre-War building. Located in the northern part of Kensington, only 2 blocks away from the border with Windsor Terrace - this top floor corner apartment greets you with an oversized, usable foyer with two closets. Windows of the sunken living room are facing East, with excellent sunlight. The spacious, windowed kitchen offers ample cabinetry, counter-space, and a dishwasher hookup. The main bedroom easily fits a King-size bed, and gets you two exposures and two closets as well. The 2nd bedroom does not share any walls with either the living room or the main bedroom, and is great for a Queen. There are hardwood floors and high ceilings throughout, and the apartment has just been freshly painted. Heat, hot/cold water, and real estate taxes are included in the reasonable maintenance.
260 Ocean Parkway is a classic Art Deco, two-elevator building that is well maintained with the help of a tenured Super and Porter. Subletting is allowed after 2 years of ownership, for a cumulative period of 2 years. Dogs are not allowed, but cats are welcome.
The cooperative is located less than a mile from the famous Prospect Park, and is very close to the F and the G train lines. It is a bit further to the B express and the Q lines. Express buses to Manhattan are 1 1/2 blocks away. Take full advantage of shopping and entertainment options on Church Avenue and Cortelyou Rd. If you want a place that you will not grow out of for a while - then you have your match! Available for showings 7 days per week!
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,503 | $3,456 | $4,459 |
Total Monthly Payment | $3,595 | $3,548 | $4,551 |
* 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.