Immaculately renovated, 65 Gates Avenue offers modern luxury on one of Clinton Hill's best blocks.
Residence No. 4 is a spacious 1-bedroom, 1-bathroom floor-through home that seamlessly blends contemporary living with classic Brooklyn charm. As you enter, you're greeted by white oak hardwood floors throughout. The kitchen features an integrated refrigerator and dishwasher, GE gas range, custom hardwood cabinetry, quartz countertops, and a stunning marble mosaic backsplash. The living room boasts three large windows with treetop views, filling the space with natural light. The living room also features a beautifully restored original mantel, adding historic charm. The expansive bedroom, located at the rear of the building, easily accommodates a king-size bed and offers space for a home office. Enjoy nearly 800 square feet of private roof deck space, overlooking the Brooklyn and Manhattan skylines. The bathroom is large and spa-like, with gorgeous floor tiles and sleek porcelain wall tiles.
Additional amenities include central HVAC, a video intercom system, and a full-size washer and dryer.
Located just one block from Clinton Hill's main shopping district, Fulton Street, this home offers a village-like feel with easy access to every amenity. Dine at Michelin-starred restaurants such as Otway and Place des Fetes, or local favorites like Locanda Vini e Olii, Sisters, and Aita. With convenient subway access at the Franklin Ave stop, nearby pocket parks, Fort Greene Park, and Prospect Park, this home combines the best of modern convenience with the timeless elegance of historic Brooklyn living.
The complete terms are in an offering plan available from the Sponsor (File No: CD240041).
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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 | $712,000 | $712,000 | $712,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,043 | $4,442 | $5,960 |
Total Monthly Payment | $4,135 | $4,534 | $6,052 |
* 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.