Experience authentic loft living at the newly renovated 275 Park Avenue with apartments averaging over 1, 000 square feet!! The building, known as The Chocolate Factory Lofts, seamlessly blends modern finishes with original factory fixtures, such as hardwood flooring, reclaimed wood beams, and 12-foot ceilings. These expansive unit layouts are perfect for young families or working from home. Tenants can save over 25% on rent compared to new construction in Williamsburg or Downtown Brooklyn. This community is professionally managed by FirstService Residential, New York’s #1 ranked property manager since 1983! The recently renovated kitchen boasts light and bright cabinets, stainless-steel appliances, dishwashers and washer/dryers in unit. Enjoy the generous oversized windows flooding your space with natural light and views of the Manhattan skylines. Building Features and Amenities: -Stainless steel appliances and newly renovated kitchens including dishwashers -Washer/Dryer in unit -12 foot ceilings and oversized windows -Enormous closets and storage space -Wide plank hardwood flooring -Modern bathrooms with high water pressure -Doorman -Elevators -Furnished roof deck overlooking the Manhattan and Brooklyn skyline -Brand New Fitness Center -Over 100 parking spaces on-site (indoor and outdoor spaces available) -On-site Café Le Petit Monstre -On-site Co-working space available to rent -Pets welcome! -Flex walls welcome! The neighborhood Perfectly positioned between Brooklyn Navy Yard, Downtown Brooklyn and Clinton Hill with Manhattan only one stop away! Explore Fort Greene Park, sip coffee at local cafes, and savor meals at Myrtle Ave. ’s restaurants. The reimagined Brooklyn Navy Yard, home to Brooklyn Roasting Company and Russ and Daughters, awaits. Other points of interest include Pratt Sculpture Park, a 25 acre campus with a DeKalb Gallery and changing sculptures. Commuting and Transportation Over 100 parking spaces on-site (indoor and outdoor spaces available) Citi Bike station adjacent to the building entrance Subway lines: G & F Buses: B62, B57, B69 Pier 72 Ferry Terminal Brooklyn-Queens Expressway *Photos are virtually staged and reflective of many units throughout the building. Multiple units available please inquire to updated availability
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,750
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 | $3,800 | $3,800 | $3,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $25 | $25 | $32 |
Total Monthly Payment | $100 | $100 | $107 |
* 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.