Welcome to 5 River Park where luxury urban living meets suburban convenience and amenities. The first resale in the building, apartment 7B is a stunning 2 bed, 2 bath condo spanning 1, 289 square feet and boasting all-day natural light through over-sized windows facing east, south and west with panoramic city, landmark, and skyline views. In the Great Room, the chef's kitchen is a culinary delight, featuring bookmatch marble backsplashes, a custom waterfall counter, integrated Miele and Gaggenau appliances and an sleek undermounted microwave and wine cooler. The windowed dining area enjoys a centered chandelier and the corner living room invites entertaining with a custom bar. The whole apartment has been outfitted with smart features like electric shades, Lutron lighting and a vented Washer/Dryer. The private primary bedroom suite enjoys southern and western views of historic buildings all the way to the Verrazano bridge. There is a wall of custom millwork that allows for the ultimate in clothing organization, space for a king bed furniture set, a walk-in closet, linen closet, and spa-like ensuite bathroom. Start and end your day in a beautifully appointed five-piece bathroom with exquisite bookmatch Calacatta walls, a soaking tub, a standup shower with Waterworks hardware and teak flooring and a double vanity with an integrated medicine cabinet. The second bedroom has been smartly expanded to increase functionality without losing any living space. The 2nd bathroom provides convenience for guests right outside the Great Room. Have a car? Parking is available for purchase but not included. 5 River Park has the most audacious and complete amenities for any boutique condominium. With over 20, 000ft of total common space the living experience is more akin to a country club than city living, all while being moments away from the best restaurants and retail in Brooklyn with easy access to Manhattan. Residents enjoy massive outdoor spaces including a pool with BBQ dining area, a children's play park, adult outdoor lounges with BBQ kitchens, a covered Bocce Ball court and thoughtful landscaped throughout. Indoors the fun and relaxation continues with a hot tub, steam/sauna and treatment rooms, a fully equipped fitness room room with adjacent yoga/stretching room, a resident lounge with kitchen, a billiards room with arcade games, a large children's play room, two sound rooms including a stage and equipment to host your own band and a pet spa. 5 River Park also enjoys a part-time doorman, full-time super, landscaped gardens and a parking garage with the ability for charging hook-ups. There is a parking spot available for purchase but being sold separately. Inquire for details.
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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 | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $2,905 | $2,905 | $2,905 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,671 | $12,641 | $16,877 |
Total Monthly Payment | $14,701 | $15,671 | $19,907 |
* 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.