5. 875% financing available with as low as 5% down available for qualified buyers. Please contact for details.
Construction Completed! Move-in Ready.
Reviving Art Deco inspired architecture and designed by internationally renowned SpearHead Architecture & Design Studio, 406 Midwood Condominiums debuts as a modern harmony of the historical tradition of the Prospect Lefferts Gardens/ Wingate communities with the influence of well crafted new development. Primarily two bedroom duplexes and simplexes, 406 Midwood brings a boutique collection of 10 thoughtfully designed units built with the developer's commitment to a true standard of construction and finishes.
1A is a 2 bedroom 1. 5 bathroom duplex.
Residences welcome you with an elegant monochrmatic palette featuring wide- plank White Oak floors and flat black solid oak doors adorned with brass hinges, zinc knobs, and metal railings. Natural wood wall cladding millwork elevates the building entry hallway and can be found throughout the units along with glass and metal sconces lighting the high interior ceilings and outdoor spaces. Perched above the neighboring properties, multiple exposures, primarily southern, spoil the residences with nothing short of all- day sun. Oversized, natural wood, sliding glass doors and windows allow it all to shine in.
Kitchens
Perfectly laid out for the most enthusiastic home chef, the kitchens are stylishly anchored with Tafisa flat black cabinetry and natural wood open shelving, meticulously crafted by 100% recovered wood materials with the latest technology and eye for design. Polished Italian Carrara white and gray marble back splashes and white countertops balance with the finishing touches of flat black Casmir faucets, black quartz undermount sinks, and integrated linear LED lighting.
In- unit washer/ dryers accompany complete flat black appliance packages featuring Bosch, Fisher & Paykel, GE, and LG models.
Bathrooms
Wake up every morning to generously appointed and minimally designed luxurious bathrooms, with more natural materials including a marriage of black and white, beautifully veined Carrera marble walls and sinks. Glass- walled showers and baths are complete with flat black combination rain and hand- held fixtures, and linear shower drains.
Common/ Outdoor areas
Inspired by neighboring Prospect Park, 406 Midwood Condominiums continues to bring nature back home with its expansive outdoor spaces. Huge landscaped common garden and roof deck with Manhattan and streetscape views provides an incredible opportunity for residents to entertain their community of neighbors, friends and family. Most units feature glass and metal balconies, with the garden units and penthouses enjoying the added bonus of private patio, garden or private roof deck space.
The active and vibrant PLG/ Wingate neighborhood is where home can really begin, only a few blocks to three entrances to Prospect Park and quick access to the B, Q, S, 2, 5 subway lines. The community has strong roots that support a lifestyle of service and enjoyment- the Flatbush Coop, gourmet Lincoln Market, Hibiscus Brew, Midwood Flats gastro pub, Cinnamon Girl bakery, Well Zen Spa Lounge, Awesome Home Goods, and much more.
While every attempt is made to ensure accuracy, this floor plan is for guidance only. The measurements, dimensions, specifications, and other data shown are approximate and may not be to scale. We assume no responsibility for the accuracy of this floor plan or for any action taken in reliance thereon. This floor plan does not create any representation, warranty or contract. All parties should consult a professional, such as an architect, to verify the information contained herein.
This is not an offering. The complete offering terms are in an offering plan available from the sponsor, file no. CD22-0197.
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Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $860,000 | $860,000 | $860,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,816 | $5,295 | $7,142 |
Total Monthly Payment | $4,941 | $5,420 | $7,267 |
* 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.