When you purchase this apartment, you are buying into one of Brooklyn’s premiere pre-war luxury condominium buildings. A landmark that can be seen across the city. 16F has 10½ foot beamed ceilings, Brazilian chestnut plank floors, full sized Viking appliances and large south facing living room windows. This 1-bedroom apartment is perfect as a primary residence or income producing investment. The full-service building has two outdoor spaces, a fitness center with squat racks, bike storage and games room as well as a live-in resident manager with 24-hour doorman. When you purchase this apartment, you are also buying into one of the best locations in Brooklyn. Interested in the arts? The iconic 1 Hanson Place sits on the same block as the Brooklyn Academy of Music and around the corner from The Mark Morris Dance Company. Want a day at the beach? Which one… Catch the Q to Coney Island directly below the building or take the LIRR from Atlantic Terminal to Jones Beach. Are you a foodie and often working late? There are unbelievable restaurants all within 10 mins delivery range. Have to catch the subway to work? The 2, 3, 4, 5, B, D, N, Q and R are located on the block. Love to walk around neighborhoods? Your apartment will be situated at the crossroads of Cobble Hill, Atlantic Avenue, Boerum Hill, Park Slope, Clinton Hill and Fort Greene. You can discover a different area of Brooklyn each weekend. A coffee connoisseur? 1 Hanson Place has you covered. Within a few blocks you can reach: Devocion, Coffee Project, Kofee, Squarrel, Bearded Baker, Blank Street, Joe Coffee, Hungry Ghost and of course Starbucks. Enjoy sports and live music? Barclays Center can be seen from your apartment window. When you purchase this apartment, you are creating a sanctuary for yourself as well as taking advantage of the amazingly diverse neighborhoods surrounding you. Don’t miss this opportunity to upgrade your life with style.
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
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 | $673 | $673 | $673 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,968 | $4,298 | $5,738 |
Total Monthly Payment | $4,733 | $5,063 | $6,503 |
* 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.