Stunning 2-Bedroom Condo with Tax Abatement & Low Common Charges in Ocean Hill, Brooklyn!
Situated on the top floor, this beautifully renovated 2-bedroom, 1-bathroom condo offers 800 square feet of sun and tranquility.
Step inside to discover a spacious layout that is bright and airy, with windows in every room filling the space with sunlight. Both bedrooms are generously sized with ample space for relaxation. The newly renovated bathroom boasts sleek, contemporary finishes, while the updated kitchen features an open layout with stainless steel appliances, including a dishwasher, and offers plenty of counter space for cooking and entertaining.
Storage is a key highlight of this home, with ample closet space throughout and additional storage options to keep your living area organized and clutter-free. Gleaming hardwood floors add warmth and charm to every room while the 8'8" ceilings further enhance this home's open feel.
This condo also offers some fantastic financial benefits, including low common charges and a J51/421G tax abatement expiring in 2029.
446 Chauncey is ideally located, just a short stroll from local cafes, restaurants, and boutique shops, with easy access to public transportation. You'll find the L, J, and Z subway lines nearby, ensuring a quick and convenient commute to Manhattan and the rest of Brooklyn.
Whether you're looking for your first home or a smart investment opportunity, this condo offers incredible value in one of Brooklyn's most sought-after neighborhoods.
Contact us today to schedule a showing and see for yourself all that this wonderful home has to offer!
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,723 | $2,653 | $3,367 |
Total Monthly Payment | $2,798 | $2,728 | $3,442 |
* 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.