Last Unit Remaining at 415 Degraw Condominium - A New Conversion by ECKSTROM
This full-floor, four-bedroom, three-bathroom home features four exposures, two spacious terraces and private access via a key-locked elevator.
Nestled on a serene, tree-lined block in picturesque Boerum Hill, the 415 Degraw Condominium is a boutique collection of six residences, including full-floor homes and two duplexes, situated in a rare 47-foot-wide, turn-of-the-century pre-war building. Redesigned with ECKSTROM''s signature soft minimalist aesthetic, the homes are thoughtfully crafted to enhance well-being, blending pure forms with natural materials and refined simplicity.
Residence Two is a remarkable offering rarely found in brownstone Brooklyn. This full-floor home boasts four exposures, four bedrooms, three bathrooms, and two generously sized terraces, all on a single level spanning nearly 2, 200 square feet. The private elevator opens to an elegant foyer that sets the tone for a serene and beautifully curated space. Interior finishes include wide-plank oak flooring, Caesarstone concrete-mineral countertops and backsplashes, custom Shinnoki wood cabinetry, Miele appliances, and European lighting by Astro and Lambert et Fils. The bathrooms showcase Grohe and Duravit fixtures, Porcelanosa tiles, and a striking stand-alone Krion bathtub, all imported from Spain.
Located just steps from Smith Street and Carroll Park, 415 Degraw offers the best of Boerum Hill-a vibrant neighborhood filled with charming conveniences and culinary gems-while being tucked away on a peaceful block away from traffic and noise. Building amenities include a virtual doorman, package room, and porter service, all with some of the lowest monthly charges for new construction in the area.
The complete offering terms for the 415 Degraw Condominium are available in the offering plan from the sponsor. File No. CD22-0149.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,400,000 | $3,400,000 | $3,400,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,775 | $20,659 | $28,007 |
Total Monthly Payment | $18,900 | $20,784 | $28,132 |
* 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.