IMMEDIATE CLOSINGS! WEEKDAY SHOWINGS ARE AVAILABLE BY APPOINTMENT!
ONLY 4 UNITS REMAIN!
This building is approved for a 1st-time homebuyers' program. First time buyers may qualify for a loan with a 5. 625% fixed interest rate for 30 years.
Please note that the interest rate is subject to change. Don't miss out on this opportunity!
Welcome to Arbor condominium, a striking new development that is home to the newest luxurious residences. Experience the pinnacle of contemporary living at this exquisite condominium, which offers a unique advantage as the last tax abated building in south Brooklyn. Located in Kensington, a location that offers easy access to all the entertainment offerings of the city, this property is the perfect fusion of comfort and convenience.
Welcome to Residence 3C, a stunning two-bedroom, two-bath apartment that bathes in an abundance of natural light from its East-facing windows. The open living/dining room, complete with an L-shaped kitchen, provides the perfect space for entertaining. Privacy is ensured with both bedrooms located at opposite ends of the apartment. The primary bedroom comes with its own en-suite bath for added convenience. Enjoy the spacious and inviting layout, which is flooded with abundant afternoon light. .
Interior features include floor to ceiling windows, Ferrero Lengo Italian pre- finished doors with magnetic locks, LED Light Fixtures, Individual room thermostats for Daiken Split System units and Vallelunga Italian Porcelain floors with radiant heat throughout to ensure a warm and cozy ambiance during the colder months. To add further convenience, every unit is equipped with a washer/dryer. With every detail meticulously crafted to perfection, this real estate masterpiece is a true testament to refined elegance.
The vented kitchen boasts a paneled and stainless-steel Samsung and Beko appliance package. The 0-Radius sink creates a functional addition, while the Calacatta quartz countertops and matching backsplash, along with soft close Copatlife custom Italian cabinetry, create a stunning focal point. The adjustable under-cabinet lighting adds an extra layer of ambiance to the space, making it perfect for hosting guests or enjoying a relaxing meal.
The bathrooms are a perfect blend of functionality and luxury, offering everything you need for your daily routine and relaxation. Featuring medicine cabinets with LED lit mirrors, demister, under-cabinet accent light and built-in clock, as well as a rain shower with stainless-steel handheld showerheads, this bathroom has all the convenient amenities you'll need. Additionally, the 32-inch-wide soaking bathtubs with arm rests, fully accessorized bathrooms, wall-hung vanity with storage, and frameless glass shower door in the ensuite bathroom add to the functionality of the space.
Take in stunning views of Brooklyn's and Manhattan's skyline from the rooftop, which features a fully amenitized lounge and picnic areas, as well as a BBQ grill and kitchenette. Private cabanas are also available for purchase. Stay active with our fully equipped modern gym. The Arbor lounge with co-working area offers a comfortable space to get work done or relax. It features custom design and connects seamlessly with the tree-lined Ocean Parkway Malls. With Optional parking available for purchase. 733 Ocean Parkway offers an exceptional living experience that blends high-quality finishes, modern amenities, and a 421A tax abatement. Come experience the best that Brooklyn living has to offer at Arbor condominium located at 733 Ocean Parkway.
This exceptional property presents a wonderful opportunity for end users, gifting, parents buying for children, 1031 exchange, is investor friendly, subletting allowed, and is pet friendly.
All measurements are approximate. Images are renders that were virtually staged. Pictures Represent Various Layouts. The complete offering terms are in an offering plan available from the File No: CD21-0132.
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:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,306 | $4,248 | $5,390 |
Total Monthly Payment | $4,398 | $4,340 | $5,482 |
* 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.