Nestled in the vibrant heart of South Slope, 543 11th Street is a chic condominium that redefines indoor-outdoor living near Prospect Park. Unit 2, a thoughtfully designed two-bedroom residence, occupies the entire second floor and boasts a spacious private terrace. Sunlight streams into the expansive living room through large sliding glass doors, framing views of a quiet, serene backyard. Step onto the terrace and enjoy the fresh air and elevated perspective of this historic Brooklyn neighborhood. The L-shaped kitchen is a chef's dream, featuring ample countertop space made of Calacatta Abezzo quartz, custom floor-to-ceiling cabinetry, and a stunning dolomite clay tile backsplash. High-end appliances from Bertazzoni and Fisher & Paykel, along with elegant Dornbracht fixtures, complete this culinary haven. Down the hall, a secondary bathroom showcases the subtle warmth of Terrazzo Kashmir Beige tile flooring, classic subway tile walls, and the modern gleam of Dornbracht chrome fixtures. A conveniently located washer/dryer adds to the everyday ease of living. Retreat to the bedroom wing where southern sunlight beams through bay windows, a characteristic of historic brick townhouses in South Slope. The spacious primary bedroom features an en-suite bathroom covered with Bianco Dolomite honed marble throughout and Dornbracht brass fixtures. Every detail at 543 11th St reflects a refined taste and an unwavering commitment to quality, creating a home that is as functional as it is beautiful. Unit 2, with its seamless indoor-outdoor flow and impeccable design, offers a truly elevated living experience in the heart of South Slope. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD-20-0283.
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William Raveis Real Estate
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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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $366 | $366 | $366 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,840 | $8,620 | $11,626 |
Total Monthly Payment | $8,331 | $9,111 | $12,117 |
* 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.