Rare opportunity to rent a spacious loft-style unit in the coveted BellTel Lofts condominiums. This west-facing one-bedroom unit has soaring 12-foot high ceilings, bamboo floors throughout, an open kitchen with plenty of cabinets, a spa-inspired twin-sink bathroom with soaking tub/shower combo, an in-unit washer/dryer and a lot of closet space. The Kitchen features stone countertops and stainless steel appliances (refrigerator, microwave, gas stove & dishwasher), with a perfect chef's triangle configuration. The open living space is generously sized and has western light. One of the two original “home occupancy rooms” (sleeping rooms) has been renovated and adapted as an additional flexible living area that works well as a den or office – separate but connected to the main living/dining space. This area could easily be converted back to a separate sleeping room if desired. This early Brooklyn Art Deco skyscraper was originally designed as the Bell Telephone headquarters in 1928, and converted to condominiums in 2007. The building amenities include two rooftop terraces with well-maintained barbecue grills and seating/lounging areas, a 24-hour fully-equipped fitness center (you will not need another gym!), beautiful lobby with 24-hour concierge and four high-speed elevators, business center, yoga studio, a screening room lounge and children’s playroom. Bicycle storage is offered in-building, as well as in-building underground parking garage and storage spaces (both under separate management) that provide direct access to building elevators. You will be spoiled by the ease of on-floor trash chute and recycling room, package and dry cleaning delivery notifications, and friendly on-site porters and maintenance crew to help with everything from smoke alarm replacements to Christmas tree removal. This perfect location is a short walk from Dumbo, Fort Greene, Brooklyn Heights, Carroll Gardens, Boerum Hill, BAM and the Barclays Center arena. Many subway lines (2, 3, 4, 5, A, B, C, F, G, Q and R), multiple CitiBike stations and ZipCar locations are within a few blocks. BellTel is situated between two new or refurbished parks - the $15 million one-acre Willoughby Square / Abolitionist Place Park is just to the southeast and the 3. 5-acre Brooklyn Commons park to the northwest is getting a $50 million revamp to better host events and activities, including theater performances, outdoor film screenings, live music, ping pong, holiday events, food festivals, a pop-up ice-skating rink, free exercise classes and more. Downtown Brooklyn has quickly become Brooklyn's most exciting destination, and the build-out is nearing completion. CityPoint is nearby with the DeKalb Market Hall food court, Trader Joes, Target, Lululemon, Alamo Drafthouse Cinema, plus tennis and pickleball at Court 16. Other notable Downtown Brooklyn businesses include Circa Brewing Co. , SoulCycle, Chelsea Piers, and Brooklyn Fare. And let's not forget the recently reopened Gage & Tollner (once the most famous restaurant in Brooklyn) and the ACE Hotel. No smoking is allowed in the apartment. Pets may be allowed with prior approval. Brokers fees to be paid by renter. *Units in the “D-Line” units are typically used as a one or two bedrooms, this property's legal description is as a studio with two home occupancy areas.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,760 | $3,760 | $3,760 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.775% | 6.790% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $26 | $24 | $31 |
Total Monthly Payment | $101 | $99 | $106 |
* 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.