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 1: The Garden unit is an expansive duplex: a two+ bedroom, two bath with enviable private outdoor spaces and central AC. The first level/garden features a spacious open living/dining area, two serene bedrooms overlooking a private terrace, and a beautifully fenced garden with pavers and planters for easy maintenance. Accessed through this level level, a center stair brings you to the lower level, a massive open space with high ceilings, and the second of the unit’s baths, this one with a step-in shower and similar design choices. The laundry hookup on the level separates work from play and adds to the feeling of a townhome rather than an apartment. This level is also perfect for a home office or for ensuring your houseguests enjoy their privacy. The rear of this level features plenty of light, with sliders to a private patio, and spiral stairs to access the main gardens above.
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.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,152 | $5,665 | $7,640 |
Total Monthly Payment | $5,277 | $5,790 | $7,765 |
* 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.