A new condominium conversion by ECKSTROM NYC.
Investors only. A+ Tenant in place until 2/1/25 with a right for a 6 month extension paying $16, 000 a month. Protected Tax Class 2B property, with a cap in property tax increases of no more than 8% per year and no more than 30% over 5 years. Low maintenance, professionally managed, zero up front investments in upgrades or repairs. Perfect 1031 Exchange, can close ASAP.
Full floor four bedroom, three bathroom, terrace, key locked elevator.
Located on a quiet tree lined block in picturesque Boerum Hill, the six residences at the 415 Degraw Condominium are a carefully curated collection of full floor homes and two duplexes located in a rare, 47 feet wide, turn of the century pre-war building. Fully updated and redesigned in the soft minimalist style, ECKSTR M has again created a home that focuses in well being by refining the spaces into their purest form using honest, natural materials and simple forms.
Rarely seen in brownstone Brooklyn, Residence Number Two is a full floor home with four exposures, four bedrooms, three bathrooms and a large set back terrace, all laid out in one single level of almost 2, 200sf. Enter through a lock keyed elevator, the private landing/foyer leads you into a serene space with thoughtfully selected finishes that include wide plank oak wood floors, concrete like mineral Caesarstone backsplash and countertops, custom Shinnoki wood cabinets, Miele appliances and European light fixtures by Astro and Lamberts et Fils. Bathrooms feature fixtures by Grohe and Duravit with tiles and a stand alone Krion bath tub all by Porcelanosa, imported from Spain.
Just steps from Smith Street and Carroll Park with all the neighborhood conveniences and culinary delights that the neighborhood has to offer, 415 Degraw offers a convenient location, yet enjoys a quiet, tree lined block tucked away from heavy traffic and noise. This boutique condominium offers a virtual doorman, package room and a porter service, all with the lowest monthly charges for new construction in the area.
Pics are of the actual apartment. No access without an offer.
Opportunity to buy a two car parking spot in the building. Please see separate listing for info.
The complete offering terms for the 415 Degraw Street Condominium are in offering plan available from the sponsor. File # CD22-0149.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,195,000
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 | $3,356,000 | $3,356,000 | $3,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,016 | $19,852 | $27,644 |
Total Monthly Payment | $18,141 | $19,977 | $27,769 |
* 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.