Brooklyn (New Lots), NY, 11207 | $310,000

Meadowwood at Gateway offers a 1-bedroom condo (not a co-op) on the 9th floor, with approximately 643 sq. ft. of living space. The east-facing unit is filled with natural sunlight, bamboo floors, French doors, and a granite countertop. The spacious bedroom has French doors and multiple windows with eastern exposure. This property is being sold As-Is. The building features an elevator, private security, laundry area, community room, on-site super, and no rental restrictions. Parking is available separately for $55/month, and pets are allowed. Low common charges cover heat, hot and cold water, cooking gas, master insurance, private security, and more. Nearby transportation options make it relatively convenient to get around Brooklyn and into Manhattan. Cash Buyers Only - this won't last!

    Features

    • Town: Brooklyn
    • Cooling: Other
    • Levels: 9
    • Rooms: 2
    • Bedrooms: 1
    • Baths: 1 full
    • Laundry: Building None
    • Year Built: 1990
    • Common Charge: $424 Monthly
    • Approx Sq. Feet: 642
    • Pet Policy: Building No,No
    • MLS#: RPLU-716123231565
    • Days on Market: 1 day
    • Website: https://www.raveis.com
      /prop/RPLU-716123231565/400cozineavenue_brooklyn_ny?source=qrflyer
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    Listing courtesy of Brooklyn Real Property Inc   Phone: (718) 875-8899

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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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    Brooklyn (New Lots), NY, 11207

    $310,000

    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 $248,000 $248,000 $248,000
    Term 360 months 360 months 180 months
    Initial Interest Rate** 7.250% 6.490% 5.750%
    Interest Rate based on Index + Margin 8.125%
    Annual Percentage Rate 7.681% 6.678% 6.034%
    Monthly Tax Payment N/A N/A N/A
    H/O Insurance Payment $75 $75 $75
    Initial Principal & Interest Pmt $1,692 $1,566 $2,059
    Total Monthly Payment $1,767 $1,641 $2,134

    * 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.