1BR Penthouse with Terrace & Harbor Views. Now offering 4% to Buyers Broker for a limited time.
Over 90% Sold. Please contact our sales team to schedule a private showing.
Residence PHD, is the last remaining one bedroom in the building. The expansive corner unit is very private and features an open concept kitchen, dining and living room. Enjoy your private wrap around balcony and terrace, which is easily accessible from the living room. Inside floor-to-ceiling double-paned windows facing Park Slope to the east and The Verrazano Bridge to the South bring in abundant light. Unit finishes include a 7" European oak wood flooring, a custom kitchen with walnut cabinetry, fully integrated Thermador and Bosch appliance package, Blum German hardware with soft close drawers, and gleaming Alleanza quartz countertop with matching backsplash. The primary bedroom offers stunning open views of Park Slope to the East. The luxurious bathroom features Dolomiti marble tile wall and slab countertops, Waterworks fixtures, custom oak vanity and Kohler sink. A washer/dryer, multi-zone heating and cooling system, complete this luxurious, modern home.
575 Fourth's robust amenities include a double-height attended lobby, well-appointed state-of-the-art fitness center with adjoining yoga studio, whimsical children's playroom, music-room, game room and modern resident lounge with workspaces. Multi-floored bicycle storage ensures quick and easy storage. Enjoy sweeping views of the Brooklyn and Manhattan skylines, New York Harbor and Statue of Liberty from the building's common roof deck featuring sundeck, outdoor showers, lounge area, and dining area with BBQ grills. A second greenspace with outdoor great lawn, trellis-covered al-fresco dining area with adjacent BBQs, children's playground and fenced dog run provides spaces to play, relax, and recharge. Indoor parking and private rooftop cabana are available for additional fee.
Located in vibrant South Park Slope, 575 Fourth is surrounded by up-and-coming restaurants, unique boutiques, greenspaces and transit options. Your every whim is catered to, from a morning cold brew at Bread and Joe to an afternoon session at Studio Pilates, and an evening of live music the Prospect Park Bandshell. 575 Fourth is central to everything Park Slope.
The complete terms are in an offering plan available from the Sponsor (File No: CD18-0275)
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Our Executive Mortgage Banker:
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,428 | $5,886 | $7,939 |
Total Monthly Payment | $5,553 | $6,011 | $8,064 |
* 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.