85 8th Ave, 1
Breathtakingly gorgeous and enormous duplex in an 8th Avenue mansion with a private garden in prime North Slope.
This exceptional and rarely available unique home, with its own private entrance, feels like a townhouse offering with over 2200sf over 2 floors of living plus a finished basement to use as you choose. From the moment you walk in you will be taken by the museum-quality millwork and soaring 12-ft ceilings. Upstairs you will enjoy the warmth of an expansive open living room complete with pocket doors with turn of the century details and an equally gracious dining room with built-in window seat surrounding the cheery bay window, an efficient kitchen overlooking your own garden, and sweet powder room with exposed brick. Glow up the formal dining room with roses from your private garden accessible from both floors!
Downstairs the 3 sizable bedrooms are all conveniently located on one floor, along with a separate laundry room, 2 full bathrooms, and loads of closets. The primary suite, complete with working wood burning fireplace and ample walk-in closet. The finished basement is exclusive to this unit and the icing on the cake, currently used as a wine cellar and storage. This rambling townhouse alternative is ideal for entertaining whether its an intimate cookout in your private garden or a children's birthday party for 20!
Conveniently located in the heart of Park Slope, one block from Prospect Park and the Farmers Market and a very short walk to the 2, 3, B, and Q trains and all the fabulous North Slope dining and provisions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,850,000
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 | $2,280,000 | $2,280,000 | $2,280,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,240 | $13,487 | $18,781 |
Total Monthly Payment | $12,365 | $13,612 | $18,906 |
* 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.