Discover this expansive modern 1-bedroom, 1-bathroom gem at Novo condominium, located in the heart of Park Slope! Residence 5F offers a private, peaceful ambiance with an excellent flow of space, bathed in brilliant natural light, and savor the outdoors on the lovely balcony. High ceilings and large windows create an open, airy feel while showcasing charming views of the neighborhood.
The sleek, well-appointed kitchen is perfect for any home chef, featuring ample cabinetry, generous counter space, and stainless-steel appliances, including a brand-new dishwasher and microwave. The spacious king-sized bedroom is a relaxing retreat, complete with a large closet. Modern finishes throughout the apartment add an elegant touch to the space, making it the perfect urban escape. Additional perks include new wood flooring, an in-unit washer/dryer, central AC, and abundant closet space for all your storage needs.
Novo is a full-service, 12-story building with impressive amenities. Enjoy a landscaped garden entry on 5th Street, a newly-renovated lobby with a full-time doorman, and onsite parking. A live-in super ensures smooth building operations, and the 2, 000+ sq ft gym, residents' lounge, and kids' playroom-all offering park views-enhance the luxury experience. Host private events in the lounge, complete withWiFi and TV. Pet-friendly policies, along with a 25-year tax abatement until June 2033, add extra appeal to this exceptional home.
Ideally situated near JJ Byrne Memorial Park, you'll have access to a playground, dog run, and basketball courts, as well as the Down to Earth Farmers Market just one block away. Whole Foods Market and a variety of shopping and dining options on 5th Avenue are all close by, with the F/G/R subway lines just a few blocks away for an easy commute to Manhattan.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$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 | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,808 | $4,132 | $5,601 |
Total Monthly Payment | $3,900 | $4,224 | $5,693 |
* 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.