Discover the perfect blend of comfort, convenience, and charm at 191 Willoughby Street, Unit 6N, in the desirable University Towers complex. This spacious one-bedroom home offers a thoughtful layout and modern updates, making it a fantastic opportunity for homeownership in vibrant Downtown Brooklyn. Step into the inviting foyer, a flexible space that can serve as a dining area or home office. The windowed kitchen is both stylish and functional, featuring dark wood cabinetry, plenty of counter space, a tiled backsplash, and stainless steel appliances, including a dishwasher. The window adds to the kitchen's airy ambiance. The king-sized bedroom is a highlight, boasting double exposure allowing for abundant natural light and refreshing cross breezes. The updated bathroom is designed with a sleek, contemporary aesthetic. Throughout the home, you'll find beautiful hardwood floors and four generous closets to meet all your storage needs. University Towers is a well-maintained cooperative boasting strong financial health. It has seen significant capital improvements such as updated communal spaces, enhanced security, and modernized facilities. Amenities include landscaped gardens, a barbecue terrace with Wi-Fi, a renovated gym, full-service staff, video security, two elevators, a children’s playground, bike storage, and a community room. Parking is available for sale or rent (when available). There is no flip tax. Co-purchasing, pied-à-terres, gifting, and parents purchasing for children are all permitted. Located just 1 block away from Target, Trader Joe’s, the Dekalb Market, and the Alamo Theater. As well as multiple subway lines (B, Q, R, 2/3, 4/5, A/C, G) and bus routes (B54, B25, B26, B38, B52), making it a prime choice for easy access to all of New York City. The LIRR is also conveniently nearby. Don’t miss this opportunity to own in one of Brooklyn’s most vibrant neighborhoods!
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Our Executive Mortgage Banker:
Our Insurance Division:
$575,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,022 | $3,022 | $3,851 |
Total Monthly Payment | $3,114 | $3,114 | $3,943 |
* 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.