Nestled in the heart of Concord Village, between the vibrant neighborhoods of DUMBO, Brooklyn Heights, and Downtown Brooklyn, this charming one-bedroom, one-bathroom co-op offers both comfort and style. The spacious living area flows seamlessly into a cozy dinette, perfect for entertaining. The galley kitchen features sleek granite countertops and rich wooden cabinetry, while the airy bathroom is adorned with soothing earth-tone tiles. The serene bedroom boasts double closets and large windows, welcoming natural light. With hardwood floors throughout and ample closet space, this home combines modern convenience with timeless elegance. Concord Village offers not only a spacious, well-designed home but also an array of sought-after amenities. The building features a full-time doorman, elevator, rooftop access, laundry facility, bike storage, and storage cages (waitlist). Residents of 175 Adams enjoy exclusive access to the complex’s gym located in the lobby level. The community shares beautifully manicured gardens, a playroom, an outdoor play area, a community garden, and private parking for rent (waitlist). Conveniently located next to the A/C subway and just minutes from multiple other lines (F, R, 2, 3, 4, 5), commuting is a breeze. The co-op permits pied-à-terre, co-purchasing, and gifting, along with a pet-friendly policy.
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Our Executive Mortgage Banker:
Our Insurance Division:
$540,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $432,000 | $432,000 | $432,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,874 | $2,871 | $3,643 |
Total Monthly Payment | $2,966 | $2,963 | $3,735 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.