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**For Sale: 763 Ocean Parkway #4J - A Charming 1 Bedroom (Flex 2nd Bedroom), 1 Bath in Midwood** Welcome to 763 Ocean Parkway #4J, a delightful 1 bedroom apartment (currently set up as a 2 bedroom) in the highly sought-after Emroy House, located in the vibrant heart of Midwood. This home offers versatility, with a spacious living and dining room combo, sleek galley kitchen, and a bonus room that can be used as a second bedroom, den, or home office. Perfect for a variety of needs! This apartment is ideal for those looking for comfort, convenience, and low monthly maintenance fees. The Emroy House offers a beautifully landscaped common courtyard and a welcoming lobby that radiates warmth and elegance. You will also appreciate the option for subleasing after one year, providing added flexibility. Key Features: - 1 bedroom (flexible second bedroom/den/office) - 1 full bath - Spacious living and dining room combo - Sleek galley kitchen - Bonus room (ideal as a second bedroom, den, or office) - Beautifully landscaped common courtyard - Inviting lobby with a warm, elegant feel - Laundry in the building - Optional storage room available for a small monthly fee - Low monthly maintenance fees Located in the bustling Midwood neighborhood, this apartment is just minutes away from a variety of shopping, dining, and entertainment options. Enjoy easy access to: - **Public Transportation: ** B/Q subway lines at the Ocean Parkway station and the F train at the Ave. I station - **Shopping & Dining: ** A wide selection of restaurants, cafes, and retail shops along Kings Highway and Avenue J - **Nearby Parks: ** Fiske Terrace Park and other green spaces for outdoor activities - **Convenience: ** Pharmacies, grocery stores, and banks all within a short distance Don’t miss your chance to call this gem home. Contact us today for a private showing and explore all the possibilities this unique residence has to offer! You will not want to miss out on this one.
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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.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 | $296,000 | $296,000 | $296,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,871 | $1,945 | $2,478 |
Total Monthly Payment | $1,946 | $2,020 | $2,553 |
* 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.