1101 President Street, #1015, Brooklyn (Crown Heights), NY, 11225 | $5,127

BRAND NEW LUXURY THREE BEDROOM AVAILABLE NOW!The Arch is a 16-story residential tower featuring modern Studio - 3 Bedroom rentals, expansive amenities, and panoramic views from Brooklyn’s tree-lined streets all the way to the Manhattan skyline. The apartments at The Arch are fitted with modern matte black hardware, stainless steel fixtures and appliances, in-unit washers and dryers, and sprawling views across Brooklyn with private outdoor balconies in select units. THE AMENITIES AT THE ARCH ARE DESIGNED TO COMPLEMENT YOUR ACTIVE, DYNAMIC LIFESTYLE. Amenities Include: • Doorman • Elevator• An expansive furnished rooftop• Work-from-home business center with private conference rooms• State-of-the-art indoor / outdoor fitness centers• Resident Lounge & Business Center• Bicycle Storage• Commercial Laundry Room • Outdoor Prep Kitchen with BBQ Grills • Parking AvailableWELCOME TO HISTORIC CROWN HEIGHTSCrown Heights is a tight-knit community of tree-lined streets, classic Brooklyn brownstones, and thriving local businesses – offering an expansive selection of restaurants, shops and cafés that keep the neighborhood running. Situated at the convergence of multiple subway lines, The Arch is just a block from the bustling thoroughfare of Eastern Parkway. IN THE NEIGHBORHOODWithin a stone’s throw of such notable landmarks as the Brooklyn Botanic Garden, Prospect Park, the Brooklyn Museum, Medgar Evers College, and the Brooklyn Public Library’s flagship Central Library branch at Grand Army Plaza. Net Rent Advertised.

Features

  • Type: Rental Property
  • Town: Brooklyn
  • Amenities: Bike Room; Garage; Fitness Room; Basketball Court; Pool; Laundry Room; Lounge; Roof Deck; Business Center;
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Year Built: 2022
  • Garage: Yes
  • Cooling: Central
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • Lease Term Type: One Year
  • OLR#: 00011992806
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/00011992806/1101presidentstreet_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of MNS

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1101 President Street, #1015, Brooklyn (Crown Heights), NY, 11225

$5,127

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $4,102 $4,102 $4,102
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.425% 7.146% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $27 $27 $35
Total Monthly Payment $102 $102 $110

* 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.