This large and spacious southwest-facing two-bedroom, two-bath condominium at 111 Montgomery Street is now available. This apartment has been impeccably maintained and offers ample amenities for modern Brooklyn living. The sleek kitchen features Bosch appliances, a five-burner stove, a spacious quartz countertop peninsula, and ample storage. A new dishwasher was also just installed. The open kitchen and large spacious living room also offer the perfect selling for entertaining. All rooms feature large, oversized windows that fill the space with light. The split bedrooms offer great proportions and tree-lined views. 111 Montgomery is a one of kind building with a focus on bringing botanical elements into every aspect of the interiors and common areas. Residences feature 5’ white oak floors, honed quartz sleek concrete countertops, an in-unit wash/dryer and Palm-Springs inspired baths with floor to ceiling stacked tiles and elegant matte black hardware. Poised at the nexus of two legendary destinations: Prospect Park and the Brooklyn Botanic Garden, 111 Montgomery features a multitude of amenities including a sunny co-working space and resident’s lounge, community garden, BBQ / terrace dining area, fully equipped fitness center featuring Peloton bikes, an inventive wilderness themed children’s playroom with floating canoe installation, and spectacular landscaped roof terrace with incredible views of the Brooklyn and Manhattan skylines. Manhattan is less than 20 minutes away (2, 3, 4 and 5 express trains), and nearby there are various cultural institutions like the Brooklyn Museum, Prospect Park and Brooklyn Library. There are also incredible dining options nearby and the year round Grand Army Plaza Greenmarket.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.502% | 6.220% | 5.781% |
Monthly Tax Payment | $1,052 | $1,052 | $1,052 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,080 | $5,590 | $7,578 |
Total Monthly Payment | $6,257 | $6,767 | $8,755 |
* 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.