5. 875% Financing Available Through Valley National Banks Community Plus Program!
Welcome to 1647 Hancock Street, a boutique three-unit new development located at the crossroads of Ridgewood and Bushwick.
Unit 2 is a thoughtfully designed 922 sqft two-bedroom, two-bathroom home that perfectly combines modern style with practical design. Upon entry, youll be greeted by a bright and open living and dining area featuring high ceilings with ceiling speakers, creating the perfect ambiance for relaxation or entertaining. The living space flows seamlessly into a sleek, contemporary kitchen outfitted with a Bosch appliance package, including a gas stove. The 6 oak floors throughout the home add warmth and elegance, while the private balcony offers an inviting outdoor retreat.
Just behind the kitchen, youll find a laundry closet and a large storage room that can double as a home office or flex space. Down the hallway, the first of two modern bathrooms leads to two well-lit and versatile bedrooms. A second large storage room near the bedrooms provides additional flexibility.
Residents have access to parking and private storage, both available for purchase, adding convenience to this boutique development.
Situated steps from a vibrant selection of cafes, restaurants, bars, and parks, 1647 Hancock Street offers an unbeatable location. The Halsey stop on the L train is a short walk away, ensuring easy access to the rest of the city. Recently named one of the coolest neighborhoods in the world by Time Out Magazine, this area perfectly balances cultural energy with everyday convenience. Dont miss this unique opportunity to own in one of Queens most dynamic and sought-after locations. Contact us today to schedule a viewing.
The complete offering terms are in the Offering Plan available from the Sponsor. File. CD240189.
*Pictures are virtually staged
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Our Executive Mortgage Banker:
Our Insurance Division:
$799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,253 | $4,253 | $5,437 |
Total Monthly Payment | $4,345 | $4,345 | $5,529 |
* 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.