Experience the allure of 264 Gates Ave, a captivating brownstone nestled on the border of Bedstuy/Clinton Hill. Be the very first to call these newly renovated apartments home in this sought-after boutique building, renowned for its long-term residents—some of whom have cherished their space for an impressive four decades. With only three private units, these exquisite one-bedroom, one-bathroom residences blend timeless elegance with modern comforts. Revel in the beauty of hardwood floors, whip up culinary delights in chef-inspired kitchens featuring stainless steel appliances, and indulge in luxurious bathrooms equipped with your choice of a soaking tub or stand-up shower. Oversized windows bathe each home in natural light, crafting a warm and inviting ambiance. Plus, with voice and video intercom systems and convenient on-site laundry, everything you need is right at your fingertips. Located just a stone’s throw from the C train at Franklin and the G train at Bedford & Nostrand, and with the 52 Bus at your doorstep, you’re perfectly positioned to dive into Brooklyn’s vibrant nightlife and entertainment scene along Franklin and Bedford Avenues—too many hotspots to list! Don’t just take our word for it; come and experience it yourself. Schedule your viewing today! *Pets on approval
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995
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 | $2,396 | $2,396 | $2,396 |
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 | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $16 | $16 | $20 |
Total Monthly Payment | $91 | $91 | $95 |
* 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.