Presenting Penthouse B: The ultimate Dumbo living experience and the ‘one and only’ five-bedroom plus residence at Olympia. With 360 views, immediate occupancy and a private 552 SF terrace, this five-bedroom plus, four-and-a-half bath home is 4, 928 SF of entertaining perfection spanning across the entire 32nd floor. Arriving via elevator to a private landing, the formal foyer and gallery lead to the sun filled living and dining areas, highlighting remarkable views of the Brooklyn Bridge, Manhattan and New York Harbor. The Workstead-designed kitchen is stylishly separated from the main living area and features a beautiful island with inlaid Fior di Bosco stone slab and chamfered edges, raked maple cabinetry paired with satin nickel hardware, and Gaggenau appliances. A linen closet, laundry room with an LG W/D, and a powder room are discretely located off the main hallway. The powder room features a pedestal vanity in honed African St. Laurent stone and chamfered edges, and a hidden mirror. The den/fifth bedroom, located near the open living area, provides an ideal relaxation space. The Manhattan Bridge-facing primary suite features double walk-in closets and an exceptional seven-fixture bathroom. With Aglo Ceppo honed stone walls, flooring and countertops, custom-slatted white maple double vanity with satin nickel pulls, deck-mounted faucets and oak controls, dual showers, and a freestanding soaking tub, this unique layout is perfectly completed by a dressing area and linen closet. Each of the additional three bedrooms feature en-suite bathrooms, boasting mosaic flooring, undermount tubs with brushed nickel fixtures, custom vanities in maple and rounded medicine cabinets. A private study located directly offer the foyer completes this unique offering. Created by careful hands and thoughtful minds. Olympia is a modern interpretation of its surroundings. Rising tall from the heart of historic Dumbo, Olympia offers expansive views of the harbor and Lower Manhattan skyline from the highest crest in the neighborhood. With thoughtful exteriors by Hill West Architects and interiors by Workstead, the 76 homes reflect a sense of scale and rhythm, and a palette of colors and materials that is grounded in the maritime heritage of Dumbo's waterfront. Olympia is designed to maximize comfort and convenience, boasting over 38, 000 SF of indoor and outdoor services & amenities spread over 3 levels. The Garden level features our ground floor amenities. Through an entry court, a porte coche`re welcomes you to a vestibule, and to the building’s triple-height lobby. The fully serviced lobby features a sculpture by Jacob Hashimoto. Adjoining the lobby is the private garden lounge that overlooks the MPFP-designed Gair Gardens. Located in the building’s lower level, The Club is complete with a game lounge, 2-lane bowling alley, fitness center, spin studio, boxing gym, private locker rooms and playroom. The Bridge level of Olympia offers a variety of indoor & outdoor amenities dedicated to recreation & relaxation. Features include a 60’ indoor lap pool, juice bar, a 58’ outdoor pool and hot tub, cabanas, BBQ areas, children’s ship-inspired playground & waterpark, and a full-size tennis court overlooking the Brooklyn Bridge, lower Manhattan and beyond. Additional services include private on-site parking available for rent or purchase, 24-hour doorman and concierge, package room, bicycle storage and private residential storage available for purchase. Sponsor: Fortis Dumbo Acquisition, LLC, 45 Main St, Suite 800, Brooklyn, NY 11201; Sponsor makes no representation or warranties except as may be set forth in the offering plan filed with the NYS Department of Law. The complete offering terms are in an OP available from sponsor. NYS Department of Law File No. CD20-0174. Equal Housing Opportunity. Co-exclusive.
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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 | $15,600,000 | $15,600,000 | $15,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $91,037 | $98,603 | $131,642 |
Total Monthly Payment | $91,162 | $98,728 | $131,767 |
* 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.