12 YEAR TAX ABATMENT!Introducing 924 Lafayette Avenue, an exceptional luxury condominium development in the coveted neighborhood of Stuyvesant Heights, Brooklyn. With meticulous attention to detail and thoughtful design, this premier building offers four unique and expansive units. Each floor-through layout provides an open and airy feel accentuated by floor-to-ceiling windows that invite an abundance of natural light from both the northern and southern exposures. No expense has been spared in the construction of these residences, featuring exquisite luxury finishes such as maple floors, oversized energy-efficient windows, innovative modular lighting system that allows for personalization, and custom closets and cabinetry throughout. In addition, each unit boasts a multi-zoned central heating and cooling system, as well as an in-unit washer/dryer. Unit 3 truly stands out as an exceptional home. This 2-bedroom, 2-bathroom apartment spans 1, 121 square feet and offers sweeping views from its large balconies on either side. The bedrooms are generously sized, easily accommodating a king-sized bed set, and come complete custom-made modern closets featuring door-activated lights and organized storage. With two private balconies, the indoor-outdoor living space seamlessly blends, providing a serene oasis to unwind and relax. The state-of-the-art kitchen is a chef's dream, with top-of-the-line appliances including a Bosch electric range, stainless steel appliances, and a specialty quartz countertop. Custom cabinetry and designer drawers offer ample storage for all your culinary essentials. The kitchen is further enhanced by stylish LED lighting that beautifully showcases the craftsmanship of the shelving, as well as separate wine storage designed with collectors in mind. Indulge in the ultimate bathroom retreat, adorned with floor-to-ceiling porcelain marble tiles and radiant heated flooring. Relax and rejuvenate in the large soaking jacuzzi tub, accompanied by a Grohe rain shower head. Above the vanity, an oversized anti-fog mirror illuminates the space with its LED lights, adding a touch of luxury to your daily routine. For unforgettable outdoor entertaining, included in Unit 3 is a deeded private rooftop oasis equipped with an outdoor kitchen. Invite loved ones to gather and enjoy the stunning views while creating lasting memories in this unparalleled setting. Nestled on a quiet tree-lined street in Stuyvesant Heights, 924 Lafayette Avenue exudes tranquility and charm. The nearby Herbert Von King Park offers a serene retreat just a few blocks away. Within the neighborhood, a plethora of restaurants, cafes, and specialty shops await your discovery. For effortless commuting, the J & M train is easily accessible at the Myrtle Ave station, and the G train can be found at Bedford-Nostrand Ave. Don't miss your opportunity to experience the epitome of luxury living. Schedule your appointment today to see all that 924 Lafayette Avenue has to offer. The complete terms are in an offering plan available from the Sponsor File No. CD CD23-0106. The pricing reflects the latest 2023-2025 notices from NYC. Equal Housing Opportunity.
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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 | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,882 | $6,379 | $8,603 |
Total Monthly Payment | $6,007 | $6,504 | $8,728 |
* 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.