1615 Avenue I, #404, Brooklyn (Midwood), NY, 11230 | $625,000

New to Market Upscale Renovations Private Terrace

A striking, two-bed, two-bath cooperative apartment in the heart of treelined Midwood can now be all yours! Stationed in a quiet corner of the fourth floor, this unit has a plethora of light with both southern and western exposures. The eat-in galley kitchen opens up to the living and dining rooms. You'll find high-end ceiling-height cabinets and hardware, granite counters, and a decorative, tiled backsplash there. The premium kitchen appliances include a Thermador, French-door refrigerator, Kitchen-Aid oven, and microwave. A rarity in co-ops, this apartment flaunts a full-size Bosch washer and dryer. The dining room is large enough to entertain numerous friends and family. The apartment has beautifully finished hardwood flooring, recessed lighting, and decorative moldings. The seven closets offer a plentiful amount of storage space. The primary bedroom, with three closets, boasts an en-suite, windowed bathroom with shower. The main bathroom is also windowed and has a large shower, too. The sizeable second bedroom has a large walk-in closet.

Exceptionally financially sound and responsibly managed, this pet-friendly building is a short distance to the Q train, numerous bus lines, a public library, Brooklyn and Touro Colleges, and all the shopping and dining choices on Avenue J and Coney Island Avenue. The neighborhood recently honored the famed pizzaiolo Dom DeMarco with a street renaming near his iconic Di Fara Pizza, just a couple of blocks away.

The buildings have undergone expansive improvements, with more in the works. In-house services include doorpersons, a security detail (plus many cameras), garage parking ($120/mo), extra storage, laundry, a bike room, a live-in super, and porters.

Showings have begun in this unit, one of the largest in the co-op, so make an appointment to see this unit today!

Some photos have been virtually staged. Dom Demarco photo courtesy of Council Member Justin Brannan's office.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Bike Room; Garage; Courtyard; Laundry Room;
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Terrace Gardens Plaza
  • Year Built: 1941
  • Pet Policy: No Pets
  • Washer / Dryer: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU1559923210406
  • Days on Market: 77 days
  • Website: https://www.raveis.com
    /prop/RPLU1559923210406/1615avenuei_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 74 West Real Estate

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NMLS Mortgage Loan Originator ID 1880936

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1615 Avenue I, #404, Brooklyn (Midwood), NY, 11230

$625,000

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 $500,000 $500,000 $500,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,453 $3,369 $4,253
Total Monthly Payment $3,545 $3,461 $4,345

* 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.