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Union Channel marks the debut of Gowanus Wharf’s campus of residential buildings in the heart of Gowanus, Brooklyn. Situated on the corner of Union Street and 3rd Ave, Union Channel is a collection of 224 apartments, easily identifiable by its undulating facade and metal paneled angular-shaped bay windows, and one block from the R train and just 3 stops into Manhattan. *Residences* Designed by Fogarty Finger architects, the uniquely crafted residences promote balance in pursuit of the living ideal. Inspired by a neighborhood flowing with artists, creatives, and culture, Union Channel is an ode to the enduring spirit of Brooklyn and no detail has been overlooked. From work-from-home to hosting friends, every apartment is built with intention. Apartment features include open and airy layouts, island kitchens, panelized appliances, industrial countertops, wide-plank flooring, floor-to-ceiling windows, European-like balconies, and ample closet space. *Amenities* The Drift Club at Union Channel is for those seeking a balanced lifestyle and exclusive access that extends outside the walls of the building. Featured amenities include: -24/hr Doorman + Concierge -Premier Fitness Center + Yoga Room with regular classes and programming -Work From Home Lounge -Skylounge with Private Dining and Viewing Terrace -Rooftop Pool with Skyline Views -Landscaped Roof with Bocce, Cornhole, Bar, and BBQs Our connection to the community is equally important. We’ve created a custom Gowanus Wharf App designed to bring what matters most to your fingertips. On the app, access your complimentary Brooklyn Museum membership, join interest-based community groups, create and attend local events, reserve amenities, open your apartment, sign up for fitness classes, meet your dog concierge, and much more. In a city where change is the constant and the constant moves at hyperspeed, development doesn’t need to be a dirty word. Our mission is to activate a residential and retail experience that is an authentic expression of our locale. That catalyzes community, culture, and sets a new standard for city living. Gowanus Wharf is designed to achieve the perfect balance of art and commerce, nature and digital integration, and legacy and transformation. A tribute to the enduring spirit of Brooklyn, The Wharf is a stage built for residents, retailers, and visitors to pursue their living ideal. From a place of balance, the most important things in life come into focus. Upfront fees: Application fee: $20 per application Security deposit: $1, 000 for qualified applicants Amenities: $100pp + $500 annual pool fee (ask about any specials!) Storage fee: $100 (optional) Bike storage fee: $25 (optional) Risk Protection fee: $20 Parking (optional): $400 (optional) Residents are responsible for electricity payments based on usage
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $5,600 | $5,600 | $5,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.397% | 6.304% | 5.628% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $32 | $34 | $45 |
| Total Monthly Payment | $107 | $109 | $120 |
* 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.