GET TWO UNITS FOR THE PRICE OF ONE!
This unique condo at 338 58th Street features a 2 Bedroom / 2 Bathroom garden floor-through plus a separate 525 s. f. "STUDIO" space with its own entrance, including wet bar and full bath. Both levels provide direct access to the huge EXCLUSIVE BACKYARD.
The main apartment upstairs is 1, 100 s. f. and offers an updated open kitchen, hardwood floors throughout, WASHER/DRYER, two full baths including en suite in the primary bedroom, and A/C SPLIT UNITS in every room.
The SEPARATE lower level bonus rec room features a kitchenette, full bathroom, tons of closet/storage space, and offers so MANY OPTIONS: home office, art studio, music room, or any large private space you might need in addition to your living and sleeping areas. The beautifully landscaped 730 s. f. SOUTH-FACING GARDEN features mature trees (including a Japanese maple), a pergola, a large & lovely patio plus planting beds, all surrounded by privacy fencing.
338 58th Street #1 spans the first floor of this boutique 4-unit condominium in Sunset Park. You'll find loads ofshopping & dining nearby in Bay Ridge to the south, and at Industry City to the north (home to the famous Food Hall, Game Room, and Japan Village). SUPER CONVENIENT to transportation: one block to the N express train (just 3 stops to Manhattan) bus lines on 3rd & 5th Avenue, and two blocks to the NYC Ferry: sail the East River to Downtown Brooklyn or Wall Street for the price of a subway fare.
With a TAX ABATEMENT in place until 2032 and low common charges, your carrying costs are less than $450/month! Two separate units, a private garden, and super low monthlies make this unique offering an unbeatable value.
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Our Executive Mortgage Banker:
Our Insurance Division:
$928,000
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 | $742,400 | $742,400 | $742,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,157 | $4,571 | $6,165 |
Total Monthly Payment | $4,249 | $4,663 | $6,257 |
* 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.