Welcome to Unit #1 at 583 Franklin Ave, an exceptional duplex condo nestled at the crossroads of Clinton Hill, Crown Heights, and Prospect Heights in Brooklyn. This spacious 2-bedroom, 2. 5-bathroom home features an impressive private outdoor space spanning over 900 square feet-an extraordinary luxury in urban living.
Upon entering, you'll be captivated by the sleek wide white oak flooring that enhances the unit's modern aesthetic. The residence is thoughtfully designed with custom closets, recessed lighting, and the convenience of an in-unit side-by-side Bosch laundry.
The kitchen is equipped with top-of-the-line stainless steel appliances, including a LG refrigerator, Bosch dishwasher, and
Samsung range, all accented by chic Caesarstone countertops and backsplashes.
Indulge in the tranquil bathrooms that showcase elegant white and grey herringbone honed tile flooring, an inviting Duravit Architec soaking bathtub, contemporary Italian GB Group vanities, and premium fixtures by Grohe and Hansgrohe.
The generously sized master bedroom comfortably fits a king-size bed and wardrobe, featuring a luxurious ensuite bathroom with a spa-inspired shower. The second bedroom offers versatile options, perfect as a nursery, home office, or guest space, with both rooms benefiting from northeastern exposure that floods them with morning sunlight.
Downstairs, enjoy high ceilings and abundant natural light from the expansive glass sliding doors that lead to your private outdoor retreat.
Situated just off Franklin Ave, this condo is surrounded by a lively selection of restaurants, cafes, a food garden market, shops, with convenient access to the A/C, S, and 2, 3, 4, 5 trains, ensuring effortless commuting. Seize the opportunity to make this remarkable property your new home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,000
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 | $5,600 | $5,600 | $5,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $38 | $37 | $48 |
Total Monthly Payment | $113 | $112 | $123 |
* 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.