RARELY AVAILABLE FURNISHED SHORT-TERM RENTAL IN ICONIC BUILDING Experience modern living in this one-of-a-kind triplex located in the iconic Newswalk Condominium, formerly the historic Daily News building. Step into the contemporary lobby and ride the sleek glass elevator with industrial accents to your stunning apartment. This three-bedroom, three-bath loft, with its expansive double-height ceilings, boasts an open, airy design and an abundance of natural light. Each level of the home is connected by a custom-built floating staircase of iron and glass, adding to the modern aesthetic. The gourmet kitchen is a chef's dream, equipped with custom cabinetry and top-of-the-line stainless steel appliances. The living room and primary bedroom offer built in storage solutions to keep your space organized, while polished poured concrete flooring with hardwood inlays adds a sophisticated touch. As a corner unit, this apartment is bathed in natural light from its many windows and glass surfaces, offering a bright and inviting atmosphere throughout the day. The open floor plan is perfect for hosting gatherings, and central air conditioning ensures comfort year-round. The luxurious primary suite features an ensuite bathroom with slate flooring and a glass-enclosed shower. The second bathroom, conveniently located off the kitchen, offers mosaic tile flooring and serves as an ideal powder room or children's bath. Outdoor space abounds with this home. Step onto the south-facing terrace off the living room or enjoy your private gated roof deck, which opens to a sprawling 15, 000 sq. ft. communal deck. This shared space includes mature trees, barbecue grills, a wet bar, and a jungle gym, making it perfect for both relaxation and entertainment. The Newswalk Condominium offers a wealth of amenities, including a full-time doorperson, valet parking, Zipcar access, a 24-hour fitness center, bicycle storage, and a laundry room. The building is pet-friendly, making it a perfect home for animal lovers. Located in the vibrant Prospect Heights neighborhood, this home is close to the Atlantic Center, providing easy access to the LIRR and multiple subway lines (2, 3, 4, 5, D, B, Q, N, R, M), offering a quick commute to Manhattan. Enjoy the nearby attractions, including the Barclays Center, Prospect Park, the Brooklyn Botanical Gardens, and Grand Army Plaza, home to the Farmers' Market and lush park spaces. Explore the trendy Vanderbilt Avenue with its open street concept and the area's renowned dining and specialty retail. Condo application required. Household income must be a minimum of 40 times the monthly rent, and applicants should have a credit score of 700 or higher.
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $8,000 | $8,000 | $8,000 |
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 | $53 | $53 | $69 |
Total Monthly Payment | $128 | $128 | $144 |
* 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.