Originally designed as a legal three bedroom (see alternate floor plan). Currently configured as a grand two bedroom with private outdoor space in the award winning 98 Front Street! High ceilings complimented by natural light and landmarked views stream in from oversized, sound-attenuated 8 foot tall windows by ALUMIL. The great room and kitchen work together for seamless daily living and entertainment. The 5” White Oak floors throughout further illuminate the space. High ceilings are made of polished concrete which lend to the homes clean and modern esthetic. Multi-Zone Central Heating and Cooling with LED lighting.
Imported Italian kitchens are a clean organic palate – paneled in blonde wood complimented by modern white Corian countertops and backsplashes. Top-of-the-line Bosch appliances, including a paneled refrigerator and dishwasher, gas cooktop, in-sink garbage disposals and washer/dryer.
Two spa-like bathrooms boast radiant heat marble flooring, oversized showers or Maax tubs, custom Laufen sinks, vertical recessed medicine cabinets, large format tiles, brushed nickel fixtures and floating oak shelving.
**Onsite Parking and storage available for an additional fee**
Building amenities include a 24-hour doorman, indoor SALT WATER POOL and spa with steam room, fitness club, residents lounge and co-working space, children’s play room, 7000 square foot roof deck with 3 separate outdoor kitchens and grills, screening capabilities and outdoor work-out facility with beautiful Manhattan and River views.
Designed by renowned architect, ODA, award-winning 98 Front is not only just one stop from Manhattan, but in an epicenter of culture. In recent years, DUMBO has emerged as one of New York City’s most desirable living destinations. Once known for its abundance of warehouses, the neighborhood is now the boroughs artistic and creative office hub.
Located just two blocks from Brooklyn Bridge Park, a short distance to Empire Stores and St. Ann’s Warehouse deliver world-class shopping and entertainment. There are an abundance of grocery stores and restaurants nearby while Transportation is effortless with A/C, F, 2/3, R and 4/5 trains, excellent bus service, the Fulton Ferry Landing and CitiBike stations all nearby.
Perfect for your primary residence or investor friendly in a building with record breaking rental numbers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,300,000
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 | $1,840,000 | $1,840,000 | $1,840,000 |
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 | $9,878 | $10,884 | $15,157 |
Total Monthly Payment | $10,003 | $11,009 | $15,282 |
* 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.