Unit #4-R - 487 6th Ave

$735,000

20% Min Down
1 Bed
1 Bath
Listed 6 weeks ago
Built in 1890
Income
Estimated Rent
$2,400
Based on rental data from RentHop
(See comparable apartments for rent)
Payments
Maintenance
$720
Property Taxes
$0
Expenses
$720
Estimated Mortgage
$2,979
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Description
A Special Retreat! Welcome home to this extra large one bedroom co-op with a rooftop terrace and additional roof rights! Perched on the top floor of a four-story pre-war building, this exceptional apartment is smartly laid out with a spacious living room, open kitchen, separate dining area that can be easily converted to a den or nursery, dual entry bathroom and king-size bedroom. Loaded with architectural details such as 11 feet ceilings, skylight, exposed brick wall, stained glass transom, decorative molding, and a library ladder to access your beloved books and treasures. The open kitchen was recently renovated with soapstone counters, stainless steel appliances and a breakfast bar. The classic white bathroom is tremendous with plenty of storage, and accessible from the hallway as well as the bedroom. This unit comes with a designated storage cage in the basement where youÂ’ll also find laundry facilities. Pets allowed with board approval.

487 6th Ave is the embodiment of vintage Park Slope. It is a well maintained self-managed 8-unit coop building central to the amenities of 5th Ave and 7th Ave, and just a few blocks to Prospect Park and the F, G and R trains.
Features & Amenities
Laundry in Building
Exposure: North
Price History
Date Event Price Source
Recent Contract Signed Public Records
6 weeks ago Listed $735,000 Public Records
On the Map
Nearby Public Transportation
F
0.24 mi at 7th Av (9th St and 8th Ave)
R
F
G
0.35 mi at 9th St (9th St and 4th Ave)
R
0.43 mi at Prospect Av (Prospect Ave and 4th Ave)
2
3
0.94 mi at Grand Army Plaza (Plaza Street West and Flatbush Ave)
Recent Transactions at 487 6th Ave
Unit
Dimensions
Listed On / Listing Agent
Closed On / Buyer
Diff From Asking Price Price Difference
Time on Market
Unit 3L
Dimensions Not Available
Dimensions Not Available
Listed:
Not Available
Closed:
$639,000
2013-09-25
Not Available
Not Available
Unit 4R
Dimensions Not Available
Dimensions Not Available
Listed:
Not Available
Closed:
$585,000
2013-06-18
Not Available
Not Available
Unit 2R
Dimensions Not Available
Dimensions Not Available
Listed:
Not Available
Closed:
$445,000
2010-02-05
Not Available
Not Available
Unit 1R
Dimensions Not Available
Dimensions Not Available
Listed:
Not Available
Closed:
$560,000
2009-03-02
Not Available
Not Available
Unit 909
Dimensions Not Available
Dimensions Not Available
Listed:
Not Available
Closed:
$467,000
2008-10-14
Not Available
Not Available
Unit 1L
Dimensions Not Available
Dimensions Not Available
Listed:
Not Available
Closed:
$555,000
2007-12-21
Not Available
Not Available
Unit 4R
Dimensions Not Available
Dimensions Not Available
Listed:
Not Available
Closed:
$515,000
2007-08-15
Not Available
Not Available
Unit 2R
Dimensions Not Available
Dimensions Not Available
Listed:
Not Available
Closed:
$375,000
2005-04-12
Not Available
Not Available
View All Transactions at 487 6th Ave
Mortgage Calculator
Our data shows the minimum downpayment for this purchase is 20%. For maximizing total returns (levered cap rate), a buyer should only take financing when the prevailing market rate for mortgages are lower than the cap rate. However, personal considerations such as cashflow requirements, appreciation, and tax situations can make financing an attractive option.
Asking Price
$735,000
% Down
Loan Term
Interest Rate
Downpayment
Loan Principal
Loan Interest
Mortgage
$735,000
Taxes
Common
$735,000
Monthly Total
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