The Arch is a 16-story residential tower featuring modern Studio – 3 Bedroom rentals, expansive amenities, and panoramic views from Brooklyn’s tree-lined streets all the way to the Manhattan skyline. The apartments at The Arch are fitted with modern matte black hardware, stainless steel fixtures and appliances, in-unit washers and dryers, and sprawling views across Brooklyn with private outdoor balconies in select units. THE AMENITIES AT THE ARCH ARE DESIGNED TO COMPLEMENT YOUR ACTIVE, DYNAMIC LIFESTYLE. Amenities Include: • Doorman• Elevator• An expansive furnished rooftop• Work-from-home business center with private conference rooms• State-of-the-art indoor / outdoor fitness centers• Resident Lounge & Business Center• Bicycle Storage• Commercial Laundry Room• Outdoor Prep Kitchen with BBQ Grills• Parking AvailableWELCOME TO HISTORIC CROWN HEIGHTSCrown Heights is a tight-knit community of tree-lined streets, classic Brooklyn brownstones, and thriving local businesses – offering an expansive selection of restaurants, shops and cafés that keep the neighborhood running. Situated at the convergence of multiple subway lines, The Arch is just a block from the bustling thoroughfare of Eastern Parkway. IN THE NEIGHBORHOODWithin a stone’s throw of such notable landmarks as the Brooklyn Botanic Garden, Prospect Park, the Brooklyn Museum, Medgar Evers College, and the Brooklyn Public Library’s flagship Central Library branch at Grand Army Plaza. *Photos and videos are for illustrative purposes and do not reflect the exact unit.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,650
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,120 | $2,120 | $2,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $14 | $14 | $18 |
Total Monthly Payment | $89 | $89 | $93 |
* 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.