Revel in designer finishes, luxurious amenities and sunny eastern outlooks in this contemporary two-bedroom, two-bathroom condominium at 550 Vanderbilt, a full-service enclave in Prospect Heights' exciting Pacific Park neighborhood. 421A tax abatement is in place until 2043.
Spanning 1, 069 square feet, this loft-like home makes a dramatic first impression with ceilings that soar 10 feet high over white-washed, wide-plank oak flooring and walls of southeast-facing windows. Relax and entertain in an open-plan living room wrapped in panoramic open-sky views, and enjoy a sleek kitchen with custom lacquer cabinetry, white Carrara marble countertops, and a fleet of Miele stainless steel appliances, including a vented gas cooktop, oven, dishwasher and cabinet-front refrigerator.
Head to the primary suite to discover a king-size layout, unimpeded eastern vistas, a walk-in California Closet, and en suite spa bathroom with a curbless rain shower, floating double vanity and modern subway tile. The second bedroom offers a roomy reach-in closet and easy access to a well-appointed guest bathroom with a large tub/shower. A roomy coat closet, in-unit washer and vented dryer and three-zone climate control system add comfort and convenience to this stunning Brooklyn home.
Built in 2017, 550 Vanderbilt is a LEED-certified contemporary masterpiece designed by COOKFOX. Residents enjoy 24-hour white-glove doorman/concierge and live-in superintendent service and a 10, 000-square-foot amenities package, including a Wright Fit fitness center, resident lounge with a catering kitchen, McNally Jackson library, children's playroom, pet wash station, bike room, storage lockers, and a landscaped rooftop terrace with panoramic views.
550 Vanderbilt is located within the Pacific Park development, a 22-acre site dedicated to parks, recreation and a superior urban living experience. From this ideal destination, you're just minutes from Barclays Center, BAM and Atlantic Terminal shopping venues, including Apple, Target and Whole Foods. Prospect Park and Fort Greene Park are within easy reach, and transportation from this vibrant enclave is unbeatable with C, G, 2/3, B/D, N/Q/R and 4/5 trains, excellent bus service and CitiBikes all nearby.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,795,000
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 | $1,436,000 | $1,436,000 | $1,436,000 |
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 | $7,930 | $8,725 | $11,829 |
Total Monthly Payment | $8,055 | $8,850 | $11,954 |
* 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.