406 is a 2 Bedroom 2 Bath featuring a modern kitchen with stainless steel appliances, hardwood floors and in unit Bosch Washer & Dryer. Kitchens include custom imported cabinetry and mill work, quartz countertops, stainless appliances from Bosch and Fisher & Paykel.
Situated on an acre of land, 180 Franklin Avenues modern new rental residences and creative amenities border Brooklyns trendy Clinton Hill and historic Bedford Stuyvesant neighborhoods. Bold, modern, and fun, with a shot of urban luxury, studios, 1 & 2 bedrooms, and duplexes feature state of the art kitchens and bathrooms as well as in-unit washer dryers. Select units also offer large private outdoor patios. Of-the-moment amenities include a vibrant social lounge with pool table, full circuit and cardio fitness center, sound proofed music rehearsal space, artist workroom, bike storage, and on-site parking. 180 Franklins fully landscaped roof deck and features barbecues, outdoor seating and dining areas. The neighborhood is dotted with parks, diverse eateries, and gorgeous turn of the century brownstones and row houses. An easy trip to the Pratt Institute and eclectic local shops, 180 Franklin Avenue is also close to the G, A & C subway lines.
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Our Executive Mortgage Banker:
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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 | $3,287 | $3,287 | $3,287 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.404% | 7.133% | 6.236% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $22 | $22 | $28 |
Total Monthly Payment | $97 | $97 | $103 |
* 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.