Spectacular Views, Natural Light, and a Long Tax Abatement! Experience breathtaking panoramic city views from this stunning corner 2-bedroom, 2-bathroom residence in the luxurious Toren Condominium, located in the heart of Downtown Brooklyn. Perched on the 21st floor, this apartment opens into a gracious entry foyer that flows into the great room. Here, two walls of floor-to-ceiling windows not only offer jaw-dropping views but also bathe the space with gentle northeastern light. The open floor plan provides flexibility for spacious living and dining areas. The contemporary kitchen is equipped with elegant European cabinetry, Electrolux and Leibherr appliances, black granite countertops, and a marble backsplash. The primary bedroom features a spacious closet and a luxurious ensuite bath complete with a Zuma deep-soaking tub, walk-in shower, and double vanity. For added privacy, the generously sized second bedroom is located on the opposite side of the primary bedroom, with its own full bathroom (featuring a full-sized bathtub) just across the hallway. Hardwood floors, high ceilings, modern finishes, central air and heat, ample closet space, and an in-unit washer/dryer make this a truly well-appointed and luxurious place to spend time. Toren is a Gold LEED certified, full-service building, with luxury amenities including a 24-hour doorman, concierge service, parking garage, yoga studio, heated indoor pool, two saunas, library, bike room, multi-level roof terrace, and state-of-the-art gym. Enjoy low monthly carrying costs, thanks to a TAX ABATEMENT which expires in 2035, making it an astute buy for both homeowners and investors. Located in Downtown Brooklyn which is experiencing a vibrant rebirth, with convenient access to multiple subway lines to Manhattan or other parts of Brooklyn. Close to a myriad of world-class restaurants, the Dekalb Market Food Hall and City Point shopping mall, Target, Trader Joe’s , Alamo Drafthouse, and so much more; there is even a well-stocked supermarket conveniently located on the street-level of the building. Brooklyn Academy of Music and Fort Greene Park are also just minutes away. We look forward to showing you this exceptional home. *Please Note: Pictures in the listing have been virtually staged*
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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 | $1,104,000 | $1,104,000 | $1,104,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $28 | $28 | $28 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,443 | $7,069 | $9,391 |
Total Monthly Payment | $6,596 | $7,222 | $9,544 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.