Offering direct views of Prospect Park and Grand Army Plaza through custom, oversized windows under 12' high ceilings, Residence 3B is a generously proportioned 2, 144 -square foot, three-bedroom, three-and-a-half-bathroom home. One Prospect Park West is a boutique condominium with a fully attended lobby and maintenance staff where the spirit of the building’s 1920s architecture and pre-war minimalism have been meticulously preserved by Brooklyn-based designers, Workstead. Residence 3B features an elegant floor plan with 12’ high ceilings, finely-crafted millwork, wide moldings, curved arches and reclaimed, heart pinewood flooring patterned by a Frank Stella-inspired design throughout the home. The spacious entry gallery contains a large closet and powder room with a beveled-edged mirror and custom washstand of Calacatta Nero marble, chrome legs and Waterworks fixtures. At the heart of the home, a kitchen centered around a Calacatta Vagli marble island with a cast iron white undermount sink and Brancusi-like Dornbracht chrome faucet is surrounded by honed Estremoz marble countertops and backsplash framed by Workstead’s custom-designed cream lacquer cabinetry, a wine fridge, and a fully integrated appliance package by Wolf and Sub-Zero. The kitchen opens to an expansive but intimate great room with living and dining areas framed by custom-designed-curved arches, trim and moldings under 12’ ceilings and giant windows overlooking Prospect Park. The primary bedroom is tranquil and serene with custom, oversized, southeast-facing windows framing foliage and park views. The primary bathroom featuring natural Novelda Cream limestone slab walls and flooring, a freestanding bathtub, and classic Waterworks fixtures in chrome. The Bianco Dolomite marble tile-clad shower and separate water closet are entered through pyramid-glass and powder-coated steel doors. Additional bath features include a custom vanity with Calacatta Nero carved marble countertop, Duravit sink and custom cabinet with elegantly curved corners. Two additional bedrooms are connected by a hall, laundry closet and two full baths featuring Calacatta Nero marble top vanities, Waterworks fixtures in chrome, honed limestone mosaic floors with tub and shower surrounded by ceramic tile walls. A basement storage unit will transfer with residence 3B. Luxurious amenities for the residents include a fully equipped gym with sauna and steam rooms, yoga and fitness studios for personal training, basketball court, children’s playroom, library, multi-purpose community rooms, bike storage and a secured package room. ODA New York has designed the roof terrace with intimate landscaped gardens, lounge, sun deck, outdoor kitchen and grill offering magnificent and sweeping views of Prospect Park and the Manhattan skyline.
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$4,900,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $3,920,000 | $3,920,000 | $3,920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $3,098 | $3,098 | $3,098 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,566 | $24,777 | $33,079 |
Total Monthly Payment | $25,789 | $28,000 | $36,302 |
* 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.