Welcome to your new haven in vibrant Prospect Lefferts Gardens! This spacious 2-bedroom home is perfectly situated in an Art Deco co-op building right across the street from the lush green expanses of Prospect Park, offering you a unique blend of urban living and natural beauty right at your doorstep. With Prospect Park so close, you'll have access to endless outdoor activities and community events. Inside you’ll find a large and open living/dining room leading to a renovated, windowed kitchen complete with breakfast bar. Featuring modern appliances, sleek countertops, and ample storage, it's a fantastic space for cooking up your favorite meals. Two generously sized bedrooms are set on either side of the apartment, offering utmost privacy. Whether you're setting up a cozy workspace or crafting a serene sleeping area, these rooms are large in proportion and are ready to adapt to your needs. High ceilings and hardwood floors are found throughout the apartment enhancing this bright and modern space. An exceptionally low maintenance makes this a sound investment too. 163 Ocean Ave is a pre-war elevator building set along tree-lined Ocean Avenue with a strong community feel and very sound financials. Building amenities include live-in super, management company, a video intercom system, laundry in the basement, storage for rent (subject to waitlist), and free bike storage for cycling enthusiasts. Set literally steps to Prospect Park’s entrance, a walk to the Wollman Skating Rink, paddle boats, the park lake, playgrounds, and many running/bike paths. Close to the Prospect Park Audubon Center at the Boathouse, with trails of natural habitat, the Parade Grounds with tennis, the Botanic Garden, Prospect Park Zoo and the 18th century Lefferts Historic House with its garden and period exhibits. Neighborhood restaurant favorites include Bonafini, Parkside Pizza, Camillo, Risbo and many others. Ride to Manhattan quickly by Q, B, S lines. Pet friendly too. Come see this gem of a home!
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$899,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,027 | $4,428 | $5,972 |
Total Monthly Payment | $4,119 | $4,520 | $6,064 |
* 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.