Sponsor will pay sponsor attorney fees, transfer taxes and 12 months of common charges for all contracts on or before Dec 31st, 2024
Welcome to 122 Palmetto Street in the exciting neighborhood of Bushwick, Brooklyn!
Unit 1R features floor-to-ceiling windows and a floor-through layout beautifully illuminated by Northern and Southern exposures.
This spacious 1 bedroom duplex offers a verdant backyard and generous downstairs recreation space - complete with a half bath. You can work from home in the afternoon and retire to a full media room in the evening. The garden boasts more than enough room for multiple configurations for both entertaining and relaxing.
Spiraling up the modern staircase you will find the main level. The living space here is open concept and is as functional as it is comfortable. The sleek Carrera floors and high ceilings enhance the spacious, airy feeling of the home. The generous floor plan extends through the bathroom to the master bedroom which boasts a sizable closet. The modern kitchen features stylish and energy efficient Bosch appliances. Zoned AC controls offer yet another "green" feature to this apartment.
This property is located just a few blocks away from the J Z subway line as well as a quick walk from the L train, thus offering a wide range of transportation options.
122 Palmetto Street centrally located in the most residential part of Bushwick, home to many neighborhood favorites including L'imprimerie, Abe's Pagoda, Meza Azteca, Ltauha, Carmentas, and many more.
This is not an offering. The complete terms are in an offering plan available from the Sponsor (Plan ID: CD22 0187)
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$899,995
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,996 | $719,996 | $719,996 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,259 | $4,610 | $6,124 |
Total Monthly Payment | $4,351 | $4,702 | $6,216 |
* 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.