One bedroom + home office in a RENT STABILIZED building! Easily converts to a two bedroom!
The Lane at Boerum Place mirrors its setting at the intersection of historic and contemporary Brooklyn with its striking facade of classic brick and contemporary glass window wall. Within five-minutes to eight major subway lines and close to endless dining, entertainment, and retail amenities, The Lane gives urban living the ambiance of small town convenience. Part time concierge staff, landscaped rooftop terrace, a playroom and a multipurpose lounge add to the pleasures of living at The Lane. Oversized soundproof windows in living areas and bedrooms create bright, peaceful interiors with dramatic city views. Open kitchens are designed with custom-built cabinets and stainless-steel appliances. Baths feature Italian porcelain tile paired with sleek Porcelanosa fixtures. All residences include custom solar window shades and Bosch washers and dryers. Amenities at The Lane offer a convenient and community-oriented lifestyle. Residents enter through an airy double-height lobby attended by concierge staff. The third-floor amenity level includes a fitness center with FitLink custom exercise programs, a playroom designed by renowned local educator Carmelo the Science Fellow, and a club room with a spacious outdoor terrace. Residents also have access to a reading lounge as well as a furnished rooftop terrace with grills, shuffleboard, and views of Downtown Brooklyn and the Manhattan skyline. At the edge of Boerum Hill, The Lane provides an ideal residential setting amid Brooklyn's cultural and historic districts. Residents enjoy proximity to the indie boutiques and classic architecture of Boerum Hill as well as the diverse restaurants and energetic vibe of Downtown Brooklyn. Nearby cultural destinations include Barclay's Center, Brooklyn Academy of Music (BAM), ISSUE Project Room, Brooklyn Ballet and Dekalb Market Hall. Several major transit lines are only a few blocks away, making Manhattan and the rest of the city easily accessible.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,207
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 | $4,166 | $4,166 | $4,166 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $28 | $28 | $36 |
Total Monthly Payment | $103 | $103 | $111 |
* 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.