7401 4th Avenue, #B1, Brooklyn (Bay Ridge), NY, 11209 | $495,000

Make this charming 3 Bed/1 Bath prewar apartment your new home in Bay Ridge! Unit #B1 boasts over 1, 000 ft and features a generous and open classic 6 layout, which includes two spacious bedrooms, and an additional third room, which can be used as a bedroom, dining area, or home office. All rooms have bright exposures and plenty of closet and storage space. The sizable living area has enough space for both your living and dining room furniture. The separate kitchen is tastefully upgraded with custom wooden cabinetry, stone countertops, and stainless steel appliances, including a dishwasher. Additional features include a windowed bath fitted with a tub, pristine tiling, and modern fixtures, hardwood flooring throughout, as well as plenty of additional closet and storage space. 7401 Fourth Avenue is a well-maintained prewar Co-Op building located in prime Bay Ridge, featuring an elegantly restored lobby and amenities such as a live-in super, elevator, updated laundry facility, storage, and a bike room (based on availability). It is extremely convenient to local transportation, such as the R train at 77th St. , and only a short jaunt from local shopping and neighborhood favorites such as Piccante, South Brooklyn Foundry, Lombardo's, Shangri-La, and Gino's. Maintenance includes heat, hot water, and real estate taxes. Cats are permitted.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Bike Room; Laundry Room; Private Storage;
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 1 full
  • Year Built: 1924
  • Pet Policy: Pets Allowed
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • OLR#: RPLU5123098898
  • Days on Market: 115 days
  • Website: https://www.raveis.com
    /prop/RPLU5123098898/74014thavenue_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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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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7401 4th Avenue, #B1, Brooklyn (Bay Ridge), NY, 11209

$495,000

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 $396,000 $396,000 $396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,635 $2,632 $3,340
Total Monthly Payment $2,710 $2,707 $3,415

* 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.