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Welcome to 7002 Ridge Boulevard Co-op in the heart of Bay Ridge, a beautifully maintained and tastefully renovated one-bedroom, one bathroom apartment that offers the perfect blend of modern comfort and classic charm! Enter the spacious, open concept living area filled with natural light, and enjoy a sleek modern kitchen equipped with a breakfast bar, stainless steel appliances, custom cabinetry, and ample counter space. The renovated bathroom features stylish, modern fixtures for a spa-like experience. The bedroom is generously sized with plenty of natural light, offering a tranquil retreat from the bustle of city life. Located in a well-kept building with convenient amenities like storage, bike room, laundry room and a common outdoor area to name a few. Bay Ridge itself offers a relaxed vibe with tree-lined streets, local cafes, and convenient shops. Just three blocks to the Narrows Botanical Gardens, Owl’s Head Park and waterfront offering scenic views along Shore Road. Access to transportation includes the ferry at Bay Ridge Ave with direct access to Wall Street/Lower Manhattan and Midtown Manhattan. Just two blocks to the R subway line at Bay Ridge Ave, the B37 to Atlantic Ave Barclays Center and the X27 and X37 Manhattan express bus at 3rd Ave/Senator St. to name a few.
Whether you’re a first-time home buyer or looking to downsize, this apartment is perfect for someone who values both comfort and convenience, offering a peaceful retreat in one of Brooklyn's most beloved neighborhoods.
Key Details:
Monthly Maintenance: $795. 00 (includes: taxes, heat and water). Pet friendly, subletting is allowed after 3 years of ownership. Storage $70/monthly. Capital assessment fee already paid by the owner and will be credited to the purchaser at closing. Subject to board approval.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$315,000
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 | $252,000 | $252,000 | $252,000 |
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 | $1,593 | $1,655 | $2,110 |
Total Monthly Payment | $1,668 | $1,730 | $2,185 |
* 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.