406 Midwood Street, #3-B, Brooklyn (Wingate), NY, 11225 | $575,000

**Inquire on our special 5. 75% loan rate from Valley National Bank, our preferred lender. As well as our unique furniture incentive for buyers!**

This South facing, 1-bedroom, 1-bathroom condo with a PRVIATE balcony begins with a spacious open-concept layout with incredible natural light and curated designer finishes. Features include engineered prefinished white oak floors with a protective acoustic layer, double-pane floor-to-ceiling Pella windows, multi-zone split unit heating and cooling, custom imported closets and cabinetry, custom recessed lighting, and a ventless in-unit LG washer/dryer.

The living area flows out to a private porcelain-tiled balcony for seamless indoor/outdoor entertaining and potted plants. The black-and-white kitchen is equipped with an eat-in waterfall peninsula, premium quartz countertops and backsplash, custom cabinetry, Kraus faucets, and high-end appliances, including a vented gas stove, Fisher & Paykel dishwasher, and custom-built refrigerator.

The bedroom has a large reach-in closet and adjoins a stylish full bathroom with radiant heated floors, imported fixtures, a Spanish vanity, and a deep soaking tub.

Crafted by the iconic SPEARHEAD Architecture & Design, The Art Deco boasts an alluring facade and ten stunning residences. Amenities include a lovely lobby, a landscaped courtyard, and a tranquil rooftop terrace with stove pavers and open city views. The building is pre-wired for internet and cable and has a video intercom system and private storage units.

Enjoy the best of Prospects Lefferts Gardens and Crown Heights. Neighborhood highlights include Prospect Park Zoo, Brooklyn Botanic Garden, Brooklyn Museum, Brooklyn Children's Museum, and exciting dining and nightlife options along Nostrand Avenue, Kingston Avenue, and Flatbush Avenue. Numerous grocery stores and delis are conveniently within a few blocks. Nearby subway lines include the 2/3/5/B/Q/S.

All measurements are approximate and subject to normal construction variances and tolerances. Sponsor reserves the right to make changes in accordance with the terms of the offering plan. The complete offering terms are in an offering plan available from Sponsor. File No. CD22-0197. Sponsor: HLPG 406 Midwood LLC.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 4
  • Amenities: Garden; Roof Deck; Private Storage;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Art Deco, The
  • Year Built: 2023
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Virtual Doorman
  • LobbyAttendant: No
  • OLR#: 2113290
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/2113290/406midwoodstreet_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Reavis

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Robert.Reade@raveis.com

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406 Midwood Street, #3-B, Brooklyn (Wingate), NY, 11225

$575,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 $460,000 $460,000 $460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.295% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,060 $3,099 $3,944
Total Monthly Payment $3,152 $3,191 $4,036

* 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.