Welcome to the iconic Cobble Hill Towers! This condo with two-bedrooms plus windowed office is full of old school charm and modern convenience. Unique among these homes this one was renovated throughout for modern functionality with the visceral honesty of traditional materials and construction.
Upon entry the home exudes warmth and sanctuary. . . illuminated by sunny southern exposures through oversized windows, tempered by the exterior breezeway corridor. The floor-through unit enjoys an open floor plan that maximizes the living space for modern living across the kitchen, dining and living areas. The kitchen has extensive counter space and additional storage below the bar peninsula, and stainless-steel appliances including the dishwasher. The renovated bathroom vibes prewar industrial with white subway tiles and black floor tiles paired with reclaimed stained wood. The laundry closet on the hall houses stacked Bosch washer and dryer. Both bedrooms and converted windowed office (used as flex 3rd bedroom) overlook the lush, landscaped courtyard through the oversized windows facing north.
The lovely courtyard garden is well-equipped with seating areas and barbecue grills, and there is plenty of space for playing and lounging, and bicycle storage. Originally built in 1879, Cobble Hill Towers is comprised of nine architecturally unique 6-story buildings facing Warren, Hicks and Baltic Streets. The buildings surround two large private courtyards for the exclusive use of residents and their guests. These buildings were among the first progressive developments in modern and healthier housing, as an affordable complex that gave urban workers in late 19th C. a measure of space, light, fresh air, and security.
Cobble Hill Towers is conveniently located near great eats and shops on Smith & Court Streets and Atlantic Ave, and F/G/2/3/4/5/R trains. Several playgrounds are nearby, including PS 29, Cobble Hill Park, Brooklyn Bridge Park, and Pier 6 with ferry to Governors Island. No board approval, and pets are allowed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,095,000
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 | $876,000 | $876,000 | $876,000 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,974 | $5,465 | $7,333 |
Total Monthly Payment | $5,099 | $5,590 | $7,458 |
* 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.