583 Putnam Avenue, #2, Brooklyn (Stuyvesant Heights), NY, 11221 | $930,000

Bedford Stuyvesant Boutique Condo with Tax Abatement, a classic Brooklyn Brownstone, reimagined for today. 583 Putnam, with gated front garden and stunning late 19th-century facade, Italianate in style, welcomes owners into four distinct residences. Each suite offers soaring ceilings, oversized windows, recessed lighting, and rustic wide plank flooring that compliments every design choice. Gas fireplaces in each of the open living spaces set the tone for quiet evenings at home. The sleek design of each of the kitchens ensures that entertaining will be seamless. Bold black and white quartz waterfall countertops and breakfast bar seating with complimenting and stylish matte black stainless steel appliances and soft-close cabinetry elevate the design. High-quality sound by the Herido home audio speaker system and a convenient virtual doorman bring a 21st-century touch to this quintessential townhouse. The baths are luxurious, with warm tones of brown and gold throughout quartz tile, contrasting dual-head rainfall showers, and backlit anti-fog mirrors. All residences have access to a common rooftop deck, and to lower level mechanicals. Nearby, neighborhood faves, including Peaches, Chez Oskar, Coyote, and Macosa, mean dining choices are endless. The Greenspaces and performance spaces of Herbert Von King are just a short distance away.

Residence 2: The parlor floor is a bright two-bedroom, one-bath floor-through residence, with soaring ceilings, oversized windows, and magnificent outdoor spaces. Entry feels special; a grand staircase with a traditionally exposed red brick wall leads into a large living room and open spaces. Bathroom and kitchen fixtures in this unit are identical to those throughout the property, and a laundry closet is in-suite; no need to leave home. If you love outdoor spaces, this unit will also check that box. Both bedrooms have access to a tiled private terrace, perfect for morning coffee, and also to a private fenced lower garden with planters, perfect for enjoying the night sky. Cooling and heating are Fujitsu split units throughout.

The complete offering terms are in an Offering Plan available from the Sponsor. File NO. CD23-0062. Sponsor: PH Holdings, LLC. 280 South Beverly Drive, Ste 409, Beverly Hills, CA 90212. Equal Housing Opportunity.

Features

  • Town: Brooklyn
  • Cooling: Central
  • Levels: 4
  • Amenities: Roof Deck;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Year Built: 1901
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer/Dryer Hookups: Yes
  • Balcony: Yes
  • Private Garden: Yes
  • Building Access : Walk-up
  • Service Level: Virtual Doorman
  • LobbyAttendant: No
  • OLR#: 2105044
  • Days on Market: 80 days
  • Website: https://www.raveis.com
    /prop/2105044/583putnamavenue_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Keller Williams Realty Empire

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NMLS Mortgage Loan Originator ID 1880936

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583 Putnam Avenue, #2, Brooklyn (Stuyvesant Heights), NY, 11221

$930,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $744,000 $744,000 $744,000
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 $4,401 $4,764 $6,329
Total Monthly Payment $4,493 $4,856 $6,421

* 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.