1020 Hancock Street, #3B, Brooklyn (Bushwick), NY, 11221 | $669,000

Low Monthly Carry Cost
With up to $15, 000. 00 buyer closing credit

Introducing unit 3B at 1020 Hancock St. Bushwick, Brooklyn! Meticulously crafted one bed, one bath apartment with a bonus room large enough to be used as an office or a walk-in closet. 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. The light-filled interiors, incased by double pain noise canceling windows create a serene atmosphere, offering a living experience akin to being in treetops. 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, adding value to this already rare apartment, and low carrying cost. This condominium offers a rare opportunity in today's market, 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.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 4
  • Amenities: Roof Deck;
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Other
  • Year Built: 2024
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Building Access : Walk-up
  • Service Level: Virtual Doorman
  • OLR#: RPLU21923128343
  • Days on Market: 115 days
  • Website: https://www.raveis.com
    /prop/RPLU21923128343/1020hancockstreet_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 Brown Harris Stevens Residential Sales LLC

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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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1020 Hancock Street, #3B, Brooklyn (Bushwick), NY, 11221

$669,000

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 $535,200 $535,200 $535,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,561 $3,557 $4,589
Total Monthly Payment $3,653 $3,649 $4,681

* 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.