150 Myrtle Avenue #2504 is a contemporary 2 BD | 2 BA condominium with exceptionally low carrying costs located at the nexus of Fort Greene and Downtown Brooklyn. This home has modern finishes, abundant natural light and a 421J tax abatement in place until 2035. Details include: • Corner living / dining room with a wall of floor-to-ceiling windows looking Southeast, 25 floors above Flatbush Avenue. • Open kitchen outfitted with dark wood cabinetry, granite countertops, ample storage, Liebherr & Electrolux appliances, dark wood cabinetry and ample storage. • Private primary suite, tucked off the living area complete with five-fixture bathroom and large closet. • Separate second bedroom, conveniently located near the apartment's second full bath • 10'2" ceilings and solid hardwood flooring throughout • This home is complete with two large coat closets, in-unit W/D and central AC Toren is a full-service, 'Green' condominium, with a full suite of amenities including live-in Resident Manager, full-time doorman, resident's lounge and library, garage (for lease), indoor pool, landscaped common roof deck and a well-outfitted health club overlooking the pool. Built in 2009 by SOM Architects, this 37 story building comprises 240 units and maintains an admirable LEED Gold certification. Nearby transit includes the B/D/N/Q/R/W trains at Dekalb, the A/C/F at Jay Street Metrotech, the 2/3 at Hoyt and the G train at Hoyt Schermerhorn. Conveniently located near Trader Joe's, Dekalb Market Food Hall, Alamo Draft House, Brooklyn Paramount, Fort Greene Park and the countless bars, restaurants and businesses in the immediate area. There is a 421J tax abatement in place until 2035. Pet friendly.
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$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $25 | $25 | $25 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,801 | $6,295 | $8,534 |
Total Monthly Payment | $5,951 | $6,445 | $8,684 |
* 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.