Introducing Unit 4J at 345 Montgomery St, an expansive sponsor apartment that will undergo a complete transformation, boasting a pristine renovation with brand new walls, ceilings, doors, moldings, and door frames, all meticulously lead-free! ***No Board Approval is necessary for this remarkable offering, Offered by Prospectus only*** This sprawling 2-bedroom residence is large enough to accommodate a home office, and is perfectly situated on the cusp of Prospect Lefferts Gardens and Crown Heights in a gorgeous prewar building. The kitchen has been ingeniously redesigned, now featuring an open layout that floods the space with natural light, creating an inviting atmosphere ideal for entertaining. Equipped with stainless steel appliances, ample cabinet storage, and elegant stone countertops, the kitchen is a culinary enthusiast's dream. The expansive floor plan effortlessly flows into an elegant L-shaped living and dining area, offering endless possibilities for customization. Both bedrooms are generously proportioned, offering ample closet space and a tranquil retreat from the common areas. With enough room to accommodate a king-sized bed and additional furnishings, these bedrooms provide the utmost comfort and privacy. Nestled between the bedrooms lies a beautifully appointed fully tiled bathroom, complete with all-new plumbing fixtures and a luxurious Kohler cast iron tub. The residence boasts new hardwood floors, complemented by refined base moldings, high ceilings, and an abundance of storage space, including six closets in total. Closet lighting adds a touch of convenience to the already impressive features of this lovely home. Experience worry-free living with low maintenance fees covering heat, hot water, and electricity. Subletting is permitted after three years of ownership for up to seven years (ask for details). The Dearborn, a pet-friendly prewar cooperative, offers an array of amenities, including a live-in superintendent, laundry facilities, a picturesque courtyard, and porters. Additional conveniences such as bike storage and private storage units are available for rent. Steeped in history, The Dearborn once served as a beloved retreat for the Brooklyn Dodgers, boasting stunning original details throughout the building, from its ornate cast iron doors to the exquisitely carved ceilings in the lobby. Explore this iconic piece of Brooklyn's past and make it your own! Conveniently located just steps away from the 2/3/5/B/Q trains, Prospect Park, the Zoo, and Botanical Gardens, 345 Montgomery St offers the perfect blend of urban living and natural beauty. Indulge in the diverse culinary scene along Franklin Ave, and discover all that this vibrant neighborhood has to offer.
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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 | $575,200 | $575,200 | $575,200 |
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 | 7.815% | 7.159% | 6.538% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,827 | $3,823 | $4,932 |
Total Monthly Payment | $3,919 | $3,915 | $5,024 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.