150 Myrtle Avenue, #506, Brooklyn (Downtown Brooklyn), NY, 11201 | $549,000

Location, location, location - are always the first three rules in real estate, but what's the fourth? Great design with functional space. The smart and sophisticated studio apartment that you have been searching for is now available for sale. The open space and unique design of the studio maximize lifestyle without having to compromise living. The kitchen is a cook's dream with plenty of room to whip up delicious meals, in-unit full sized washer and dryer and large entry closet, large bathroom with soaking tub, plus a convertible murphy bed/office, dining area and living room. Tall ceilings, over nine feet, seven-foot-tall west facing windows, privacy blinds, views and a building with everything make this a smart choice for your first or next home. The Toren offers the full amenities of a new luxury building plus the added benefit of low common charges and real estate taxes with an abatement in place until 2035! Doorman, gym, pool, roof deck, yoga room, library, plus easy transit options and one block to City Point. Full-service building, luxury amenities and low real estate taxes make this studio at the Toren the perfect perch. Information deemed reliable but not guaranteed. Equal housing opportunity. Income restricted unit.

Features

  • Town: Brooklyn
  • Parking: Other
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air
  • Levels: 37
  • Amenities: Door Person
  • Rooms: 1
  • Baths: 1 full
  • Complex: The Toren
  • Year Built: 2007
  • Common Charge: $615 Monthly
  • Approx Sq. Feet: 496
  • Est. Taxes: $149
  • Lot Desc: Near Public Transit
  • Elem. School: Ps 287 Bailey K Ashford
  • Middle School: Ps 8 Robert Fulton
  • High School: George Westinghouse Career/Tech Hs
  • School District: Community District 13
  • Pool: In Ground
  • Pets Allowed: Yes
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • MLS#: 3563523
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /prop/3563523/150myrtleavenue_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of SLR Real Estate   Phone: 929-298-1983

William Raveis Family of Services

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

150 Myrtle Avenue, #506, Brooklyn (Downtown Brooklyn), NY, 11201

$549,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $439,200 $439,200 $439,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $12 $12 $12
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,669 $2,669 $3,471
Total Monthly Payment $2,773 $2,773 $3,575

* 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.