371 Douglass Street, #PH, Brooklyn (Park Slope), NY, 11217 | $2,775,000

NOTE: PENTHOUSE RESIDENCE HAS 2 LARGE PRIVATE ROOF DECKS.

Welcome to the Penthouse Residence at 371 Douglass Street. This is a duplex 3-bedroom 3-bath apartment. Upon entering the main level, you are greeted by an oversized living and dining area that is adorned with three large South-facing windows. Off of this area is a modern open concept kitchen perfect for all your culinary needs. No design details were spared and this kitchen is appointed with sleek custom cabinetry, striking marble countertops, and breakfast bar. Additionally, all appliances are premium and top-of-the-line: including Liebherr refrigerator, Sharp built-in microwave, and Bosch oven and dishwasher. Other apartment's features include central air conditioning and heating and intercom system that syncs to your cell phone.

Down the hall from the living area are the rear bedrooms, 2 full bathrooms, and laundry room. The first bedroom is sophisticated and king-sized, featuring custom-built closets and oversized windows that overlook greenery. Next to the dressing area is an en-suite bathroom that has marble tiles and countertops, dual vanity, as well as over-sized shower. The second bedroom on this level is also tranquil with a sizeable closet and large windows.

Ascending the stairs is the upper level, which is where the primary suite is located. This bedroom is a king-sized oasis with ample storage, walk-in closet, and an en-suite spa-like bathroom. Bathroom features include marble tiles and countertops with dual vanity, as well as over-sized glass enclosed shower. Additionally, there is direct access to the North-facing private rooftop, which is a large space with city and treetop views. Off of this primary suite is another massive private roof top with South-facing panoramic views of Downtown Brooklyn and Manhattan - perfect for entertaining guests!

Located at 371 Douglass, between 4th and 5th Avenues in Park Slope, the Penthouse Residence offers easy access to an array of amazing restaurants, shopping, bars, and cafes on 5th Avenue, which was voted one of the country's most desired avenues by Time Magazine. 371 Douglass Street is home to 3 impeccably designed boutique luxury condominium residences. The property is also conveniently near multiple train lines (B/D/N/R/Q/2/3/4/5) as well as LIRR accessible from Atlantic Terminal.

The complete terms are in an Offering Plan available from Sponsor. File No. 1635720.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 3
  • Amenities: Garden;
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: None
  • Year Built: 1910
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Terrace : Yes
  • Building Access : Walk-up
  • Service Level: Virtual Doorman
  • Built Size: 20'x45'
  • OLR#: RPLU5123172634
  • Days on Market: 62 days
  • Website: https://www.raveis.com
    /prop/RPLU5123172634/371douglassstreet_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 Douglas Elliman Real Estate - Park Plaza

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

371 Douglass Street, #PH, Brooklyn (Park Slope), NY, 11217

$2,775,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,220,000 $2,220,000 $2,220,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,780 $14,032 $18,734
Total Monthly Payment $12,905 $14,157 $18,859

* 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.