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Introducing the Penthouse at 1020 Hancock St. Bushwick, Brooklyn. Meticulously crafted two bed, two bath duplex condominium. Boasting 5-inch wide plank white oak wood floors, dual-zone central heating and cooling system for personalized comfort. Not one, but two private outdoor spaces - perfect for private relaxation and communal gatherings. Full size LG appliance package included; convenience meets luxury seamlessly. The south facing light-filled interiors, encased by double pain noise canceling windows create a serene atmosphere, offering a serene living experience. Quartz countertops and ample kitchen cabinetry add a touch of elegance to the kitchen, while functional and practical layouts ensure every inch is optimized for your lifestyle needs. With a storage unit included this condominium offers a rare opportunity in today''s market with its low carrying cost. Thoughtful design, and finishes, making it an ideal investment for buyers seeking both comfort and value. Direct access to the J/Z metro lines can be found within one short block, making commuting/ travel seamless. Bushwick is known for its trendy and vibrant environment featuring more than 50 art galleries, one of the best places in the city for bar hopping, and abundance of local parks. All measurements are approximate and subject to normal construction variances and tolerances. Sponsor reserves the right to make changes in accordance with the terms of the offering plan. The complete offering terms are in an offering plan available from Sponsor. File No. CD24-0022. Sponsor: 1020 Hancock St. LLC. 1529 71st Street, Fl 1 Brooklyn, NY 11228.
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Our Executive Mortgage Banker:
Our Insurance Division:
$940,000
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 | $752,000 | $752,000 | $752,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,329 | $4,692 | $6,295 |
Total Monthly Payment | $4,421 | $4,784 | $6,387 |
* 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.