Amazing opportunity! Lease break with reduced rent for first 3 months with option to renew for a full lease term. Unit available February 1st, 2025. This spacious high floor two bedroom / two bathroom apartment is over 1000 square feet. This home is flooded with southern exposure and features renovated kitchen and bathroom. In unit washer/dryer, dishwasher, and central A/C. BUILDING DESCRIPTION: Designed by Marvel architects, Plank Road is situated on the southeast corner of Sixth Avenue and Pacific Street, between Pacific and Dean Street in Prospect Heights, Brooklyn. It is in close proximity to Barclay’s Center, with Downtown Brooklyn to the northwest and the tree-lined brownstones of Prospect Heights to the southeast. Amazing amenities include -Swimming pool (outdoors and heated) -Gym -Children's playroom -Media room -Bike room -Elevator -Package room -Concierge (24 hours) -Laundry in building (and in unit) -Valet service
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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 | $4,000 | $4,000 | $4,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $26 | $27 | $34 |
Total Monthly Payment | $101 | $102 | $109 |
* 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.