Welcome to unit #5C at the renowned Knitting Factory Lofts of Clinton Hill!
This stunning unit features 11 foot high wood ceilings, exposed beams, architectural features, and an open layout. The kitchen is complete with stainless steel appliances and granite countertops, and hardwood floors run throughout the home. There is an in-unit washer and dryer neatly tucked in the common space and the flexible open room allows ample space for separate living and dining areas.
All three bedrooms are spacious and offer high ceilings and large windows and are all equipped with closets. The renovated bathrooms features vanity and mirror storage.
79 Clifton Place is a Pre-War building and the former Knitting Factory converted to residential lofts in 2000. Located just around the corner are the G and C trains (Classon Avenue) and centrally located near the wonderful cafes & restaurants that Clinton Hill has to offer.
Please note some photos have been virtually staged.
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
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 | $5,356 | $5,356 | $5,356 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $36 | $36 | $46 |
Total Monthly Payment | $111 | $111 | $121 |
* 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.