Nestled in the heart of Carroll Gardens on one of its most desirable blocks, 76 1st Place stands as Brooklyn's newest 5-unit condominium within a magnificently reimagined townhouse. Combining the timeless allure of classic brownstone Brooklyn with the convenience of condo living, each residence at 76 1st Place showcases exceptional modern craftsmanship and high-quality materials. The full-floor homes in this 25' wide building on the extra-wide and sunny 1st Place offer a scale and natural light that is unmatched.
The Garden Residence, is a spacious duplex townhouse alternative offering three bedrooms, two bathrooms, and one powder room. Bathed in natural light and exuding an airy ambiance, the Garden Residence is truly a gem. This home boasts a large private rear garden with a deck and a lower patio accessible from the rec room, perfect for outdoor dining and entertaining. The oversized primary bedroom easily accommodates a king-size bed and features a stunning en-suite bathroom and an enormous walk-in closet. The secondary bedrooms are ideally situated, allowing for a bedroom on the opposite side of the house and a home office or nursery adjacent to the primary bedroom. The lower level of this home is massive with direct access to its own patio space. It will make a superb gym, kids playroom, home theater to name just a few options.
76 1st Place has set a new standard for boutique luxury condo living. Each residence features spacious living rooms perfect for entertaining, along with multi-zone central AC, sustainable oak floors, new windows, custom moldings, and full-size Miele washers and dryers. The chef's kitchens, equipped with islands, boast custom cabinetry, marble countertops, and high-end integrated Bertazzoni appliances. Residence No. 1 has a wine refrigerator seamlessly integrated into the kitchen island for added convenience. Each unit is also fitted with a video intercom system.
Situated on 1st Place between Clinton and Court Streets, your new home is surrounded by some of the finest dining, shopping, and cultural venues in NYC. Enjoy proximity to Carroll Park, Brooklyn Bridge Park, Union Market, and the best of Carroll Gardens and Cobble Hill. Commuting is a breeze with the Carroll Street F/G subway station just 2 blocks away, and the 2/3/4/5/A/C trains at Borough Hall within easy reach.
The complete terms are in an offering plan available from the Sponsor (File No: CD240084).
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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 | $2,560,000 | $2,560,000 | $2,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,939 | $16,392 | $21,776 |
Total Monthly Payment | $15,064 | $16,517 | $21,901 |
* 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.