Welcome to the residences at The Crown 601 Condominium! This beautifully renovated, pre-war two bedroom, one bath apartment features red oak floors throughout, a spacious living room, a windowed kitchen with Quartz counter tops, glass-tiled back splash and stainless-steel appliances which include a microwave, stove, dishwasher and refrigerator. The unit also features a sparkling new bathroom and recessed lighting.
To view a 3-D walk-thru of the unit, click the VIDEO or VIRTUAL TOUR link above or go to: https: //bit. ly/2WJn1MR
The Crown 601 Condominium is a brand new condo conversion that combines the best of Manhattan luxury with the aesthetics that make Brooklyn home. Building amenities include; a bicycle room, storage, refreshed lobby and hallways, a laundry room and bicycle room.
The complete terms are in an offering plan available from the Sponsor, File # CD-160097 Sponsor: 601 Crown LLC. 1 Penn Plaza, Suite 4000 New York, NY 10019.
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $413 | $413 | $413 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,335 | $2,305 | $2,989 |
Total Monthly Payment | $2,823 | $2,793 | $3,477 |
* 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.