Offered fully furnished! Come experience the sweetness of this deal with the rental of loft 5D at The Chocolate Factory! 689 Myrtle Avenue is conveniently located in Bedford-Stuyvesant close to the border of Clinton Hill. Authentic loft living can be yours in this recently renovated, sun drenched, home with a ceiling height of over 13 feet. The open layout features oversized windows with amazing light and views. The immense sleeping platform, with storage underneath, and a custom made closet system, can easily be closed off and converted into a legal bedroom. The vast living and dining area exemplifies what loft living is all about; high ceilings and generous proportions. The open renovated kitchen, with top of the line stainless steel appliances and large center island will bring out the inner chef in you. The loft features hardwood floors throughout, phenomenal storage space, a washer/dryer, central A/C and heat with a Nest system. 689 Myrtle Avenue, is a condominium that was once a Chocolate Factory. The building includes an impressive landscaped roof deck with views of the Manhattan skyline. A glass enclosed fitness center is located on the roof. The Chocolate Factory is located in close proximity to the G train at Myrtle-Willoughby and to numerous bus stops. The area maintains access to great restaurants, shops and cafes! Available on 10/15/2024, pending condo board review.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,200 | $3,200 | $3,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.125% | 5.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.297% | 5.530% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $20 | $19 | $26 |
Total Monthly Payment | $95 | $94 | $101 |
* 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.