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$438,330
List Price: $439,000
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1620 Avenue I #502
Coop in Midwood •  building info
2bd • 1ba
Buy with Yoreevo

$438,330

List Price

$439,000

Key Details
Days on market
20
Last price change
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Estimated payment
$3,156/mo
Taxes
Included in maintenance fees
Maintenance
$1,050/mo
Description
THE WATERFALL APARTMENTS - 1620 Avenue I, Apt. 502 A Prewar Garden Residence with Private Terrace Discover an exceptional offering within one of Midwood's most distinctive and coveted cooperative communities - The Waterfall Apartments, a serene, park-like enclave known for its lush grounds, architectural charm, and tranquil ambiance. Tucked behind beautifully landscaped gardens, this elegant prewar Junior-4 residence delivers a rare combination of classic character, modern comfort, and private outdoor living. From the moment you arrive, the property sets itself apart. A dramatic landscaped waterfall and koi pond create a breathtaking first impression, welcoming you home with a sense of calm rarely found in New York City. The grounds feel more like a private garden estate than a typical residential complex. Inside, this thoughtfully converted two-bedroom home features a gracious, flowing layout highlighted by timeless prewar details and generous proportions. A spacious dining foyer introduces the residence and leads to a striking sunken living room - a signature architectural element that adds depth, warmth, and understated sophistication. Oversized windows flood the home with natural light throughout the day, enhancing the airy, inviting atmosphere. A true highlight of the residence is the private terrace, offering a peaceful outdoor retreat ideal for morning coffee, quiet relaxation, al fresco dining, or enjoying spectacular sunset views in complete privacy. The renovated windowed kitchen is both refined and highly functional, featuring granite countertops, stainless steel appliances, and the convenience of dual sinks. Beautiful wood floors extend throughout the home, reinforcing its cohesive elegance. The generously sized primary bedroom includes wall-to-wall closets that provide exceptional storage, while the second bedroom offers flexibility for guests, a home office, or additional living space. A windowed full bathroom ensures natural light and ventilation, and the inclusion of an in-unit washer and dryer adds a level of everyday convenience seldom found in prewar cooperatives. The Waterfall Apartments offers a truly elevated residential experience defined by greenery, privacy, and classic design. Residents enjoy an elegant attended lobby with a part-time doorman, meticulously maintained grounds, a signature waterfall garden with koi pond, and an expansive private gated community garden filled with fruit and nut trees where residents may cultivate their own planting beds. A large private park reserved exclusively for shareholders provides a rare sense of space and tranquility within the city. On-site maintenance staff ensure attentive care of the property, while garage parking and storage are available via waiting list. The building is pet friendly (Board approval required), subletting is permitted after one year with board approval, and street parking in the immediate area is notably accessible for the neighborhood. Perfectly positioned for both serenity and convenience, the building is located less than one block from the Q subway line, providing a swift commute to Manhattan. Express bus service is nearby, along with Brooklyn College, a New York Public Library branch, houses of worship, and the vibrant shopping and dining corridor along Flatbush Avenue. Residences in a unique garden community with its private outdoor space, refined upgrades, classic prewar architecture, and resort-like grounds, this home represents a truly special opportunity to enjoy peaceful, garden-style living while remaining connected to the energy of Brooklyn and Manhattan. Experience the rare combination of elegance, tranquility, and convenience at The Waterfall Apartments - a true urban sanctuary in the heart of Midwood.

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Important Stuff
Doorman
Elevator
Pets allowed
Washer/Dryer in unit
Unit features
Dishwasher
Hardwood floors
Private outdoor space

Terrace

View

Garden, Skyline

Building amenities
Services and facilities
Fios Available
Laundry in Building
Live In Super
Parking

Garage

Storage

Locker/Cage

Shared outdoor space
Courtyard
Building info

History
What it'll cost
Purchase price
$439,000
Asking Price: $439,000
Term
30 Years
Down Payment
$87,000 (20%)
Min: 20% (87,000)
Rate
6.0 %
Mortgage Amount
$351,200
Mortgage Payment
$2,106
Maintenance
$1,050
Estimated Yoreevo rebate
$670
Estimated closing cost
$7,000
Total monthly cost $3,156
Buy your dream home with us and get an estimated $670 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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