Welcome to Unit 7P at 98 Front Street, where modern luxury seamlessly blends with historic charm in the heart of DUMBO, Brooklyn. This pristine 1-bedroom, 1-bathroom condo offers an unparalleled living experience in one of New York City’s most desirable neighborhoods. The open floor plan features high ceilings, expansive windows, and sleek hardwood floors, creating a bright and airy atmosphere. The state-of-the-art kitchen is equipped with top-of-the-line Bosch appliances, custom cabinetry, perfect for entertaining and culinary adventures. The elegantly designed bathroom boasts spa-like features, including rainfall showers and modern fixtures. Luxury service building with a full-time doorman, building staff and on-site super. Stay fit with the fully equipped fitness center, SALT WATER POOL and outdoor roof top gym. Get work done in the co-working center, or host events in the stylish residents’ lounge. Enjoy close-up water and bridge views from the beautifully landscaped rooftop terrace, equipped with many grills, lounge seating and dining tables. Hanging oversized egg chairs to take it all in. Additional amenities include bike storage (extra cost if available), a package room, and on-site parking options. Investors welcome LOW utilities CAP Assessment $679. 80/mo expires December 31, 2024 (Seller has paid) Situated in the vibrant DUMBO neighborhood, known for its cobblestone streets, art galleries, boutique shops, and trendy cafes, you’ll be around the corner from the most pictureque street in NYC, Washington street is always instagram ready – showcasing the Manhattan Bridge with the Empire State Building under its arch. Easy access to the F, A/C and 2/3 subway lines, as well as the East River Ferry, commuting is simple. Experience the best of Brooklyn living in this exceptional condo at 98 Front Street.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,049,500
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 | $839,600 | $839,600 | $839,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $650 | $650 | $650 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,507 | $4,967 | $6,916 |
Total Monthly Payment | $5,282 | $5,742 | $7,691 |
* 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.