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864 Madison Street, #2A, Brooklyn (Stuyvesant Heights), NY, 11221 | $599,000
Welcome to unit 2A, at Madison St. Lofts, located one flights up in this ultra-cool boutique, 7-unit new development in Bedford-Stuyvesant, Brooklyn; closest to the Gates J and a short distance to the A/C on Ralph.
As you enter, hang your coat and leave your shoes in your own private vestibule. Entering your open floor plan: living, dining and micro chef's kitchen with stainless steel appliances, the owner is greeted by floor-to-ceiling north and west facing windows, overlooking your Parisian balcony just above the tree-lined streets of Brooklyn. Perfect to watch the sunset or have a morning coffee while watering your plants.
The true king-sized bedroom feels expansive with plenty of closet space and room for a desk or reading nook. The apartment features vented laundry, a dishwasher, and central-air: split systems plus deeded basement storage.
ML shared building amenities include: virtual doorman with code entry, designer lobby, furnished roof deck with porcelain tile serving up Manhattan skyline views, designated bike and surfboard storage, a speakeasy sub-seller for lounging and entertaining, you will never have to leave the building! This boutique condo building is perfectly poised in location, price, and low monthlies; making 864 Madison Unit 2A an opportunity for any savvy home owner or investor. Make an appointment today!
Please see floorplan for details. This is not an offering. The Complete Offering Terms are in an Offering Plan available from the Sponsor. Sponsor is Madison Lofts LLC 1059 Fulton Street Brooklyn, New York 11238. CD19-0185
Features
- Town: Brooklyn
- Cooling: Unknown Type
- Levels: 3
- Amenities: Bike Room; Wheelchair Access; Lounge; Roof Deck;
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Complex: Madison Loft
- Year Built: 2022
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Washer / Dryer: Yes
- Building Access : Walk-up
- Service Level: Virtual Doorman
- OLR#: RPLU850722917708
- Days on Market: 258 days
- Website: https://www.raveis.com
/prop/RPLU850722917708/864madisonstreet_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Brown Harris Stevens Brooklyn LLC
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888.699.8876
Contact@raveis.com
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
864 Madison Street, #2A, Brooklyn (Stuyvesant Heights), NY, 11221
$599,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,109 |
| Total Monthly Payment | $3,280 | $3,277 | $4,201 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535