Over 50% Sold. On-site model residences now available to tour by appointment. Offering views of the New York Harbor and Downtown Brooklyn, Residence 23D is the definition of reimagined luxury in the heart of Dumbo. This two bedroom, two-bathroom residence with 1, 518 SF of interior space is imbued with a timeless yet modern beauty. The centrally located foyer provides discrete entrance hallways to each of the bedroom suites and the central open plan living/dining area. The Workstead-designed kitchen merges exquisite detail with rich materials and features a statement island with inlaid Fior di Bosco stone slab and chamfered edges, raked maple cabinetry paired with satin nickel hardware and Gaggenau appliances. The primary bedroom suite has three closets, and an en-suite bathroom featuring Aglo Ceppo honed stone walls, flooring and countertops, custom brushed nickel shower controls, a freestanding soaking tub, and a custom-slatted white maple double vanity with satin nickel cabinetry pulls, deck-mounted faucets and oak controls. The secondary bedroom has an adjacent bathroom which features mosaic tile flooring, undermount tub with brushed nickel fixtures, custom vanity in maple with edge detail and a round mirrored medicine cabinet. The offering is completed by the laundry closet with LG washer and dryer discretely located off the secondary bedroom hallway. 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 and industrial heritage of Dumbo's waterfront. Olympia is designed to maximize comfort and convenience, boasting over 38, 000 SF of indoor and outdoor services and amenities spread over 3 levels. The Garden level features our ground floor amenities. Through an entry court, a contemporary 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 all about fun and fitness, complete with a game lounge, two-lane bowling alley, state-of-the-art fitness center, spin studio, boxing gym, private locker rooms and maritime-themed playroom. The Bridge level of Olympia offers a variety of indoor & outdoor amenities dedicated to recreation & relaxation. Features include a 60’ indoor lap pool, wellness amenities, 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 Street, 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 | $2,800,000 | $2,800,000 | $2,800,000 |
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 | $2,613 | $2,613 | $2,613 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,340 | $17,698 | $23,628 |
Total Monthly Payment | $19,078 | $20,436 | $26,366 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.