Welcome to your charming and well-lit STUDIO APARTMENT at 530 Monroe Street, #1B, nestled in the heart of the historic Bedford–Stuyvesant neighborhood in Brooklyn, NY. This beautifully quaint space is affordably priced and located on the ground floor of a recently renovated brownstone townhouse, exuding classic Brooklyn charm. As you step inside, you'll be greeted by pine hardwood floors that flow throughout the petite studio apartment. Two large windows bathe the space in natural light and offer a tranquil view of the lush shared backyard, providing a peaceful retreat in the heart of the city. This cozy studio features one large bathroom and a small kitchen/dining area equipped with a small refrigerator and hot plate (no formal kitchen). The recent renovation ensures a great layout, and the apartment is offered fully furnished for your convenience. Nestled on a stunning brownstone block with great townhouse uniformity, this classic Brooklyn brownstone facade exudes timeless appeal. Residents will enjoy access to the shared backyard, basement laundry room, and basement storage, adding practicality to the charm of the space. The location is truly a highlight, offering easy access to trains and buses, making the commute a breeze. Within close proximity, you'll find parks, including the renowned Herbert Von King Park, offering a ballfield, playground, the Herbert Von King Cultural Arts Center, and the Almira Kennedy Coursey Amphitheatre. Additionally, the vibrant Brooklyn culture awaits on Fulton Street, Lewis Avenue, and Stuyvesant Avenue, where shopping, dining, and entertainment options abound. Just 30 minutes from Manhattan, this studio apartment is the perfect urban retreat, providing a peaceful oasis amidst the bustling city life. Don't miss the opportunity to make this charming space your new home sweet home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,800
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 | $1,440 | $1,440 | $1,440 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $10 | $10 | $12 |
Total Monthly Payment | $85 | $85 | $87 |
* 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.