406 Midwood Street, #2B, Brooklyn (Wingate), NY, 11225 | $860,000

Introducing 2B at 406 Midwood Street - A lovely 2-bed, 2-bath residence with a large private terrace and double exposures at a beautiful boutique new development! Enter through the foyer into a bright and airy space with high ceilings and wide-plank oak floors. The luminous living room is over 22' deep and leads out to the private terrace. Back inside, the fully outfitted kitchen features stunning black cabinetry and matte black appliances, as well as polished Carrera white and gray marble backsplashes and white countertops. Both bedrooms are generously sized, with the primary bedroom having an ensuite bathroom with glass-enclosed walk-in rainfall shower. The second bedroom has easy access to the second full bathroom featuring beautiful black & white Carrera marble walls and a glass-enclosed bathtub & rainfall shower. The incredible proportions of this residence make it possible to carve a windowed third bedroom or home office from the living room (refer to alternate floor plan for design inspiration). Central air, integrated LED lighting under cabinets and in-unit washer & dryer complete the standout features of this residence!

406 Midwood is a striking new development in the heart of Prospect Lefferts Gardens, inspired by the Art Deco movement. The building offers 10 distinguished residences with most units offering private outdoor spaces, as well as a beautiful courtyard and roof deck. Perfectly situated in PLG, residents are just a few blocks away from Prospect Park as well as the 2/5/B/Q/S subway lines and several bus routes. Cherished local markets (including Flatbush Coop), independent cafes and restaurants dot the quiet residential streets. There are multiple parks, hospitals, public and private schools as well as houses of worship, with something for everyone in this vibrant neighborhood. Complete offering terms are in an offering plan available from the sponsor, file no. CD22-0197.

Features

  • Town: Brooklyn
  • Cooling: Central
  • Levels: 4
  • Amenities: Garden; Roof Deck; Private Storage;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: 406 Midwood Condominiums
  • Year Built: 2023
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Building Access : Elevator
  • Service Level: Virtual Doorman
  • OLR#: RPLU5123060262
  • Days on Market: 156 days
  • Website: https://www.raveis.com
    /prop/RPLU5123060262/406midwoodstreet_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate

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NMLS Mortgage Loan Originator ID 1880936

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406 Midwood Street, #2B, Brooklyn (Wingate), NY, 11225

$860,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $688,000 $688,000 $688,000
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 $92 $92 $92
Initial Principal & Interest Pmt $3,906 $4,292 $5,759
Total Monthly Payment $3,998 $4,384 $5,851

* 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.