Discover Brooklyn Heights living at its finest in the landmarked Love Lane Mews, a unique condominium tucked away on the serene cul-de-sac of College Place, just steps from Love Lane. Residence 2K stands out with its abundant natural light, impressive ceiling heights, upscale finishes, ample closet space, and a highly sought-after designated parking spot. As you step into this expansive home, sunlight streams in from three exposures, filling the space with a warm, inviting glow. The charming casement windows offer views of lush, mature gardens from neighboring townhouses, providing a tranquil backdrop. The generous living area, complete with a cozy gas-burning fireplace, is perfect for relaxation and entertaining, all enhanced by the rich tones of solid hardwood flooring. The chef’s kitchen is thoughtfully designed for both cooking and socializing. It features high-end Viking appliances, a garbage disposal, ample cabinetry, and a substantial island with seating for up to six — ideal for gatherings or casual meals. The layout includes two spacious bedrooms positioned on opposite sides of the apartment, ensuring privacy. Both rooms feature extensive closet space. The primary suite includes a luxurious five-piece marble en-suite bathroom. An in-unit washer/dryer adds to the convenience of this elegant home. Love Lane Mews, set on a picturesque cul-de-sac in prime Brooklyn Heights, offers an array of top-notch amenities: a 24-hour attended lobby, live-in superintendent, fitness center with Peloton Bike, bike storage, an attended indoor garage, and a grand lobby adorned with African teak, exposed brick, and marble. The building’s prime location places you near the Brooklyn Heights Promenade, Brooklyn Bridge Park, and charming local cafés and shops. The 2/3 subway is just around the corner, and the 4/5, A/C, F, and R trains provide easy access to the rest of the city. A 1% flip tax is to be paid by the buyer. Please note, residence 2K is listed in the offering plan as a 1-bedroom plus home office. Buyers are encouraged to consult with their architect or attorney for any questions.
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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 | $2,156,000 | $2,156,000 | $2,156,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | $1,083 | $1,083 | $1,083 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,073 | $13,275 | $17,904 |
Total Monthly Payment | $13,281 | $14,483 | $19,112 |
* 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.