FIVE YEARS FOR FREE!Sponsor will pay 5 years of common charges and real estate taxes for new contracts on 2-bedrooms and 3-bedrooms before June 30th. THE SMARTEST BUY IN BROOKLYN. BROOKLYN POINT OFFERS ONE OF THE LAST 25-YEAR TAX ABATEMENTS AVAILABLE IN NEW YORK CITY. ESTIMATED ANNUAL SAVINGS FOR RESIDENCE 48B: $20, 480. CLOSINGS HAVE COMMENCED AND ONSITE MODEL RESIDENCES ARE OPEN. A pristine residence nestled in the prestigious Brooklyn Point development, this stunning 2-bedroom, 2-bathroom home is a portrait of contemporary Brooklyn living. Features of this 1, 056 sq. ft. home include beautiful wide plank stained oak floors, floor-to-ceiling windows with northern exposure and panoramic views of Manhattan, an in-home washer/dryer, and a harmonious light wood color palette with satin copper fixtures and finishes designed to accentuate space and natural light. A welcoming foyer adorned with a coat closet and full bathroom flows into a spacious open-concept living room, dining room, and kitchen saturated with natural light. The kitchen is equipped with an eat-in island, sleek white quartz countertops, custom oak millwork, a built-in Sub-Zero wine refrigerator, and a fully-integrated appliances from Miele including a 4-burner has range, 30" refrigerator, oven, and speed oven. The primary bedroom has a walk-in closet and an immaculate en-suite bathroom with a custom floating oak vanity, imported stone surfaces, custom Waterworks fixtures, a walk-in rain shower, and radiant heated floors. The second bedroom has its own closet space and easy access to the home's second full bathroom. Located in the trendy Downtown Brooklyn neighborhood, Brooklyn Point is a transformative residential development offering residents a one-of-a-kind living experience. It is the only for-sale residential building at the popular retail, dining, and entertainment center, City Point. And it has one of the most comprehensive amenities packages in the entire city with 40, 000 sq. ft. of private indoor and outdoor facilities including the highest residential infinity pool in the Western Hemisphere. It is close to Cadman Plaza, Commodore Barry, and Fort Greene Parks, Brooklyn Academy of Music, Barclays Center, and several unique Brooklyn neighborhoods that include Brooklyn Heights, DUMBO, Fort Greene, Cobble Hill, and Boerum Hill. It is just one stop from Manhattan and has easy access to 11 subway lines. Building Services & Amenities Include: 24- Hour Attended LobbyConciergeDoormanDry Cleaning ValetStroller ValetPackage roomCold storagePet SpaBicycle StorageStorage BinsPark Lounge & BarLandscaped TerraceFirepitPutting GreenGrillsChildren's indoor playroomChildren's Outdoor playgroundScreening & Performance RoomChef's kitchenWine LibraryPrivate StudyGame roomFitness CenterPilates StudioRock ClimbingCycling StudioYoga StudioIndoor Swimming PoolSteam RoomInfrared SaunaHot TubSquash/Basketball CourtRooftop Infinity PoolManaged by Extell Management Services. Photos represent building finishes. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABILY FORM SPONSOR FILE NO. CD16-0008.
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:
$2,236,125
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,788,900 | $1,788,900 | $1,788,900 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,157 | $11,160 | $14,975 |
Total Monthly Payment | $10,282 | $11,285 | $15,100 |
* 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.