DUMBO’s sexiest modern new development. Tenant in place with lease until Nov, 2024. Immediate rental income! Easy
The meticulously designed details throughout this 1 bedroom home at 98 Front has been carefully curated to enhance the comfort and luxury of your living experience. Natural light pours in from oversized insulated sound-attenuated 8 feet 8 inches windows by ALUMIL, and the 5 inches White Oak floors further illuminate the space. High ceilings are made of polished concrete complete with junction boxes for easy lighting fixture installation. These one bedroom floor plans are the height of space-efficient living, while still providing plenty of room to stretch out, entertain and unwind. The imported Italian kitchens are paneled in blonde wood to create an organic, clean palate complimented by modern white Corian countertops and backsplashes that are both sleek and durable.
This home features Bosch appliance packages, washer/ dryer, garbage disposals and Blum hardware in the kitchens. Spa-like bathrooms boast radiant heat marble flooring, glass shower doors, recessed medicine cabinets and floating oak shelving. Enjoy your private terrace located off of the living room facing east with fantastic light and privacy with overhead coverage.
Building amenities include a 24-hour doorman, indoor salt water pool and spa with jacuzzi, steam room, fitness club, residents lounge and co-working space, children’s play room, 7000 square foot roof deck with 4 separate outdoor kitchens and grills, screening capabilities, and outdoor work-out facility with beautiful views.
On-site parking is available for additional; additionally this home will feature Latch keyless smart door locks and Butterfly MX smart intercoms for a more seamless living experience. Designed by renowned architect, ODA, award-winning 98 Front is not only just one stop from Manhattan, but in an epicenter of culture.
In recent years, DUMBO has emerged as one of New York City’s most desirable living destinations. Once known for its abundance of warehouses, the neighborhood is now the borough’s artistic and creative office hub. 98 Front will offer residents a LEED-certified home nestled amongst some of the City’s most notable landmarks and attractions
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,042,500
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $834,000 | $834,000 | $834,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,933 | $5,340 | $7,094 |
Total Monthly Payment | $5,058 | $5,465 | $7,219 |
* 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.