This bright and sunny top-floor two-bed, one-bath co-op is fresh on the market and ready for you to make it your own. This apartment has incredible potential but does need some TLC. Bring your vision and your contractor!
Living on the top floor certainly has it's perks! When you step inside, you'll be greeted by an abundance of sunlight streaming through large windows with fantastic Brooklyn and Manhattan views. The foyer, featuring two generously sized closets, flows seamlessly into a versatile area with hardwood floors-ideal for a dining space or a cozy home office.
Step down into your spacious sunken living room with gracious 9-foot ceilings, where you'll see not just tree tops, but view of the city right from home. The windowed kitchen and bathroom are centrally located, offering convenience and functionality. The primary bedroom i s impressively large, with two closets and two windows providing plenty of light and storage. The second bedroom is also well-sized, featuring two windows looking out over the tree tops.
Situated on a quiet dead-end block, this co-op offers a peaceful retreat while still being close to all the amenities Midwood and Ditmas Park have to offer. Living in pet friendly Terrace Gardens means enjoying the convenience and luxury of a full-service building. You can enjoy the comforts of a full-time doorman, as well as building security. There is a live-in super, a package room, full time staff/porters, and an on-site laundry room. There is also bike storage in the building, and parking (with a short waitlist) for $120/month.
Located in the charming Midwood area of Brooklyn, you'll have access to a vibrant community with an array of amenities, parks and shops. With easy access to public transportation via the B and Q trains, commuting around the city is a breeze.
There is a $340/month assessment in place for the next 12 months.
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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 | $292,000 | $292,000 | $292,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,918 | $1,941 | $2,462 |
Total Monthly Payment | $1,993 | $2,016 | $2,537 |
* 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.