Corner Unit with Excellent Views! Don't miss your chance to own this spacious open-format studio co-op in the heart of Brighton Beach, Brooklyn. Located just seconds from the water, this apartment offers stunning ocean views and a prime location less than a block from the beach. This luxury building includes a 12 hour doorman, recreation room and outdoor pool. For an additional fee, you can also enjoy the fitness center and additional storage. With a bit of TLC, this studio apartment can be transformed into your perfect seaside retreat. The layout includes a foyer, a separate kitchen, and a full bathroom, offering ample space to reimagine and personalize the design. Whether you're looking for a weekend getaway or a full-time residence, this studio's potential is boundless. Enjoy the serene atmosphere of the beach, while being just moments away from local shops, restaurants, and public transportation (1 block from the B1 and B68 bus and two blocks from the Ocean Pwky Q train). Immediate subletting is allowed for a fee subject to board approval. Take advantage of the opportunity to own a slice of coastal living in one of Brooklyns most sought-after neighborhoods!
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Our Executive Mortgage Banker:
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$248,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $198,400 | $198,400 | $198,400 |
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 | $1,353 | $1,319 | $1,673 |
Total Monthly Payment | $1,428 | $1,394 | $1,748 |
* 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.