Welcome to 1118 Fulton Street, a beautifully crafted, newly built elevator condominium that seamlessly blends modern luxury with the charm of Brooklyn's Bedford-Stuyvesant and Clinton Hill neighborhoods. Situated on the same block as the Franklin C & S trains and just steps from Lincoln Market, this boutique building features eleven meticulously designed units, as well as a stunning rooftop deck offering panoramic views of the Manhattan and Brooklyn skylines.
Unit 2R, a south-facing one-bedroom, one-bathroom residence, offers 625 square feet of airy living space. This loft-inspired home features high exposed concrete ceilings, creating an industrial yet refined aesthetic. Bathed in natural light from its south-facing windows, this unit offers both style and functionality with ample storage, central heating and air, a built-in Bluetooth speaker system, hardwood floors, a spacious coat closet, and an in-unit washer & dryer, ensuring it's move-in ready.
The open-concept kitchen is equipped with top-of-the-line appliances, including a paneled refrigerator and dishwasher, as well as a gas cooktop range. The bedroom is a tranquil retreat with a spacious walk-in closet, while the spa-inspired bathroom features a deep soaking tub/shower combo, heated floors, and premium fixtures for ultimate relaxation.
Conveniently located near the Franklin Street C & S trains, commuting is seamless. The neighborhood is vibrant, with local favorites such as Doris, Cafe Calaca, The Franklin, Luna Nails, and Blink Fitness, offering a dynamic blend of dining and entertainment options. Experience elevated city living in this prime, convenient location!
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR TF 1118 FULTON JV LLC AT 188 RALPH AVE, BROOKLYN NY 11233. FILE NO. CD23-0629
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Our Executive Mortgage Banker:
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$695,000
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 | $556,000 | $556,000 | $556,000 |
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 | $3,699 | $3,695 | $4,767 |
Total Monthly Payment | $3,791 | $3,787 | $4,859 |
* 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.