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GORGEOUS CRAFTSMANSHIP! Ready for July 1 Move In! 505 Clinton Lofts is tucked away on a charming tree-lined street in historic Clinton Hill, where homeowners will enjoy a quiet oasis at the epicenter of one of the most desirable neighborhoods in Brooklyn. The building's unique facade features dramatic and industrial chic floor-to-ceiling windows flooding each of the residences with natural light and remarkable views. Residence 4F is a 1, 268sf two bedroom duplex home with soaring 20ft ceilings. Enter into an expansive living space, your breath will be taken away by the sheer size of the massive wall-to-wall and floor-to-ceiling windows. With exposed beams, custom frosted glass & steel doors and high ceilings; this is loft living at its finest! The expansive open chef's kitchen enjoys custom Italian cabinetry with paneled appliances, subway tile backsplash, LED under-cabinet lighting, a Bertazzoni four-burner gas stove, Bosch dishwasher and refrigerator with freezer drawer. The home opens effortlessly and enjoys two oversized balcony, accessible though both the living room and second bedroom. The master suite enjoys a private terrace as well. Take in the fresh air and enjoy a morning cup of coffee with the sunrise to the East or an evening glass of wine with friends or family. Throughout, the home features 7. 5' hand-scraped, antiqued, & brushed white oak floors, tilt & turn windows and a Bosch Washer Dryer. Private outdoor space, natural light, layout, and gorgeous finishes all come together in this bespoke package. 505 Clinton Lofts is set to re-shape the vibrant Clinton Hill neighborhood. Thoughtfully designed by Dimora NYC Inc. Designed with an appreciation for industrial architecture, these stunning residences with floor-to-ceiling windows and exposed beams will transcend the Clinton Hill area. Located at the crossroads of Clinton Hill, Fort Greene and Prospect Heights, 505 Clinton Avenue brings to life the true meaning of loft living. The building located between Fulton Street and Atlantic Avenue offers you top of the line amenities within a few blocks radius. Enjoy the smorgasbord of restaurants emerging on Fulton Street like Emily, Sisters and Belli Osteria, a hip nightlife scene with trendy cocktail bars and Brooklyn Speakeasy's or treat yourself to an extraordinary meal at the famous Locanda Vini & Olii housed in a historic Pharmacy. Enjoy an easy commute to work on the C train conveniently located on the corner. This desirable location is only blocks away from Fort Greene Park, Farmers markets, tennis facilities, dog runs, supermarkets, Barclay's Center and Atlantic Terminal- a major hub of transportation options with the LIRR, 2/3/4/5/R/D/B/Q/N/W train lines.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,000
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 | $5,600 | $5,600 | $5,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $38 | $37 | $48 |
Total Monthly Payment | $113 | $112 | $123 |
* 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.