Welcome to The Mill, a new luxury elevator building located on the border of Bushwick and Ridgewood. The lucky residents of The Mill have access to state-of-the-art amenities, including a virtual doorman, a business center, a package room, a lounge equipped with a pool table and ping pong tables, and a rooftop deck. A large, modern laundry room is available for residents in the building. Storage and parking are also available for a monthly fee. Transportation to Manhattan and other parts of Queens/Brooklyn is easily accessible, as both the M and L subway lines are located a mere block away. The luxury residences feature plenty of natural light, oversized floor-to-ceiling windows, air conditioning/heat, incredible finishes, and recessed lighting. The kitchens are equipped with modern appliances. In addition, the building is pet-friendly. Guarantors are accepted. Feel free to reach out to schedule a tour for any of the available units in the building! Please note, that these images are of model residences. Finishes/layouts are similar.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,313
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,650 | $2,650 | $2,650 |
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 | $18 | $18 | $23 |
Total Monthly Payment | $93 | $93 | $98 |
* 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.