350 Butler Street, #PH1, Brooklyn (Park Slope), NY, 11217 | $4,325,000

AVAILABLE FOR IMMEDIATE OCCUPANCY. ALL SHOWINGS ARE BY APPOINTMENT. PLEAS EMAIL OR CALL TO SCHEDULE YOUR VISIT.

Enjoy contemporary Park Slope penthouse living at its finest in this expansive four-bedroom, three-and-a-half-bathroom home with multiple private outdoor spaces at The Butler Collection's 350 Butler Street - a groundbreaking new condominium from The Brooklyn Home Company.

Arrive at this brand-new 2, 628-square-foot full-floor residence via a private elevator landing to discover a Pietra Cardosa and Bianco Carrara marble foyer, Madera wide-plank white oak floors and tall ceilings dotted with recessed ultra-thin LED lighting throughout. Built in accordance with Passive House design principles, the home features triple-pane windows and an individual ERV unit for superior air quality. The generous open-plan layout welcomes comfortable daily life and entertaining with three distinct spaces for dining room, living room and family room use, or step out to your 161-square-foot terrace or 75-square-foot balcony for wonderful al fresco gatherings. Elevate your culinary experience in the open kitchen featuring Shaker cabinetry and a center island topped by honed granite countertops and a Fireclay sink with a Waterworks faucet and garbage disposal. Chefs will love the elite appliance package, including a Bosch refrigerator and dishwasher, Bertazzoni range, Zephyr hood and GE microwave. Head to the owner's suite to discover another private balcony, a palatial walk-in dressing room and an en suite spa bathroom where Carrara marble surrounds a shower, soaking tub, custom double vanity, water closet, chic Waterworks fixtures and an antique Restoration Hardware mirror. Two spacious and bright secondary suites feature private bathrooms and roomy closets. A third bedroom in a separate wing is ideal as a home office or media room. A chic shiplap powder room, an in-unit washer-dryer and an oversized entry closet add effortless ease to this exceptional urban sanctuary.

Residents of this luxurious complex enjoy an attended lobby, a fitness center, children's playroom, bike storage and a glorious common roof deck. From this ideal location where Park Slope meets Gowanus, you're surrounded by some of the best dining and nightlife in the city, including Threes Brewing, Dinosaur Bar-B-Que, The Sackett, Blueprint and more. Boutique fitness studios, the Park Slop Food Co-Op and Whole Foods are all nearby. Four blocks east, Prospect Park offers hundreds of acres of outdoor space and recreation plus access to the Brooklyn Botanic Garden, Museum and Library. Nearby R, 2/3, B/D, N/R/Q and 4/5 trains, excellent bus service and CitiBike stations make getting around town effortless.

The complete offering terms are in an offering plan available from the Sponsor, 346 Butler LLC, 80 4th Street, Brooklyn, NY 11231. File Number CD21-0297.

Features

  • Town: Brooklyn
  • Cooling: Central
  • Levels: 12
  • Amenities: Bike Room; Outdoor Parking; Fitness Room; Laundry Room; Nursery; Roof Deck;
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Complex: Butler Collection, The
  • Year Built: 2022
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Washer/Dryer Hookups: Yes
  • Balcony: Yes
  • Terrace : Yes
  • Building Access : Elevator
  • Service Level: Attended Lobby
  • OLR#: RPLU5122633365
  • Days on Market: 288 days
  • Website: https://www.raveis.com
    /prop/RPLU5122633365/350butlerstreet_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Douglas Elliman Real Estate

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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350 Butler Street, #PH1, Brooklyn (Park Slope), NY, 11217

$4,325,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@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 $3,460,000 $3,460,000 $3,460,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.664%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,023 $22,730 $30,140
Total Monthly Payment $21,148 $22,855 $30,265

* 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.