171 S. Portland Avenue Unit 3A is a rare, beautifully designed 3BR/2BA condo in coveted Fort Greene, recently named one of the "Nicest Neighborhoods in America. " Close to both Fort Greene Park and a dozen subway lines, Unit 3A has an exceptional level of finish but incredibly low common charges ($852/mo. ), giving you everything you could hope for in your new home. Step off of the elevator and be spoiled by the intimacy of this boutique, 9-unit building: just two apartments on this floor give you all the privacy you crave. Enter the apartment and take in the abundant natural light streaming into the welcoming living area and its east-facing windows. The living room is generously-sized and has thoughtfully designed custom cabinetry for incredible storage capacity. Just off the living room is the third bedroom, currently configured as a large home office and guest bedroom. The dining area is surrounded in natural sunlight, with sliding glass doors leading out to a sweet balcony overlooking the green gardens below. The chef’s kitchen is large and features abundant European custom soft-close cabinetry, Montclair Danby marble countertops and backsplashes, Bertazzoni range and microwave, Liebherr refrigerator, Bosch dishwasher and even a stainless steel chef’s sink with in-sink garbage disposal. Head down the hallway and find the west-facing side of the apartment, complete with two bedrooms, two baths and laundry area. Both the primary and second bedrooms get lovely afternoon light dappling in. The secluded primary bedroom is peaceful and has an enormous custom walk-in closet and spa-like ensuite marble bathroom complete with dual vanities, herringbone marble floor and extra-large shower. The cozy second bedroom is able to comfortably hold bunk beds. The second bathroom has a deep tub and sleek tile work. The unit’s separate laundry area has a vented washer/dryer and additional storage. This unit has wide plank oak hardwood floors and HVAC throughout, a large shared storage closet in the common hall as well as a large deeded storage closet in the basement. 171 S. Portland Avenue is luxury condo living without the typical, incredibly high monthlies most newer developments require. Owners share a common roof deck, large bike room and Butterfly entry system. Close to both Downtown Brooklyn and Prospect Heights, this 3BR condo gives you access to every city convenience possible: the 2/3/4/5/A/B/C/D/GN/Q/R/LIRR lines; big, brand-name stores (Whole Foods, Apple); verdant Fort Greene Park and its vibrant neighborhood community with endless small businesses, shops, restaurants, art and architecture that make this part of Brooklyn so special.
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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 | $1,756,000 | $1,756,000 | $1,756,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,095 | $1,095 | $1,095 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,970 | $10,955 | $14,700 |
Total Monthly Payment | $11,190 | $12,175 | $15,920 |
* 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.