Brooklyn (Caton Park), NY, 11218 | $629,000

Welcome home to this delightful, parkside coop at 5 Stratford Road. Unit #4 is an alluring 2-bedroom, 1-bathroom Brooklyn gem. The apartment features hardwood floors, a renovated eat-in kitchen, in-unit washer/dryer, excellent storage space, and tree-lined street views. Enter the apartment into a spacious dining and living room with large West-facing windows. The bathroom, kitchen and both bedrooms are off the main living space. The pristine kitchen was renovated in 2022 and includes stainless steel appliances, excellent counter & cabinet space, and an in-unit washer/dryer. The home is conveniently located on the building's first floor. Beautiful French doors separate the living room from the sunlit primary bedroom. The secondary bedroom has terrific closet space and a South-facing CitiQuiet window. 5 Stratford Road is a boutique coop located across the street from the Prospect Park Parade Grounds. Neighborhood highlights include Wheated Pizza, Hinterlands Bar, Lofty Pigeon Books, Der Pioneer, Poetica Coffee, and of course, all the recreational offerings of Prospect Park. Nearby subway lines - B/Q trains at Church Avenue and the F/G at Fort Hamilton Parkway - give convenient access to Manhattan, Queens and areas throughout Brooklyn. The building has storage bins for an additional fee, a bike room, and a communal backyard. There is an assessment of $325/mo beginning October 1 (for 12 months). Pets welcome and up to 90% financing is permitted.

Features

  • Town: Brooklyn
  • Cooling: Wall Unit(s)
  • Levels: 4
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 52.920000x115.420000
  • Laundry: Building Washer Dryer Install Allowed,In Unit
  • Year Built: 1931
  • Common Charge: $1,024 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Dryer,Dishwasher,Electric Cooktop,Electric Oven,Refrigerator,Stainless Steel Appliance(s),Washer
  • MLS#: COMP-166823964911944
  • Days on Market: 62 days
  • Website: https://www.raveis.com
    /prop/COMP-166823964911944/5stratfordroad_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 Compass   Phone: (212) 913-9058

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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Brooklyn (Caton Park), NY, 11218

$629,000

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 $503,200 $503,200 $503,200
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 7.655% 7.146% 6.412%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,433 $3,344 $4,280
Total Monthly Payment $3,525 $3,436 $4,372

* 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.