583 Putnam Avenue, #4, Brooklyn (Bedford-Stuyvesant), NY, 11221 | $1,250,000

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 4: Penthouse duplex is the crown of 583. Three total bedrooms, two baths featuring a private rooftop terrace, and a primary bedroom with an ensuite bath and central AC. Enter into the residence through the exposed brick common stair into the most private feeling of the units. The first floor of this unit is a beautiful and bright two-bedroom, one-bath that enjoys all of the open feeling, finishes, and conveniences of each of the other units, including the sleek kitchen, beautifully tiled bath, and oversized windows with views of the sky. Each of the (2) rear bedrooms on this level has access to a private terrace overlooking the gardens below, perfect for morning coffee or stargazing. An iron-railed center stair brings you to floor 2, the primary suite. Both serene and separate. A primary bath, with a glass-enclosed dual head rainfall shower, will be the perfect start to the day. Glass sliders leading to your walled private rooftop deck bring in more light, and this floor is set back from the street, tranquil. Perfect for when it's time to come home and relax. 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
  • Parking: On Street
  • Heating: Electric, Natural Gas, Forced Air
  • Cooling: Ductless
  • Levels: 4
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: The 583 Putnam Ave Condo
  • Year Built: 1901
  • Common Charge: $652 Monthly
  • Approx Sq. Feet: 1,106
  • Acreage: 0.04
  • Est. Taxes: $648
  • Lot Desc: Near Public Transit
  • Elem. School: Ps 308 Clara Cardwell
  • Middle School: Ps 308 Clara Cardwell
  • High School: Boys And Girls High School
  • School District: Community District 16
  • Pet Policy: Dogs OK, Cats OK
  • Appliances: Dishwasher, Freezer, Microwave, Oven
  • MLS#: 3584871
  • Days on Market: 38 days
  • Website: https://www.raveis.com
    /prop/3584871/583putnamavenue_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Realty Empire   Phone: 718-954-8400

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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583 Putnam Avenue, #4, Brooklyn (Bedford-Stuyvesant), NY, 11221

$1,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $1,000,000 $1,000,000 $1,000,000
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 $54 $54 $54
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,600 $6,157 $8,304
Total Monthly Payment $5,779 $6,336 $8,483

* 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.