Tucked away on a peaceful, tree-lined stretch of the avenue, 1198 Jefferson brings a boutique collection of just four residences to one of the neighborhood's most charming corridors. With classic Brooklyn character and a sense of tranquility that feels rare in the city, this address offers a quiet retreat while keeping Bushwick's lively energy within reach. All residences are floor-through, north and south-facing homes with generous square footage and private outdoor space, most of which have private storage rooms included.
Unit B is a massive 2-bedroom, 2-bath home featuring a sweeping floor plan as well as a lovely Juliet balcony. Wide plank white oak floors run throughout the home, and all of the living spaces are open, airy, and light-filled. There's also a beautiful finished rooftop space with scenic 360-degree views as far as the eye can see.
The main great room is generously proportioned, easily accommodating a large dining table and a variety of living room furniture configurations. Discreetly tucked away off the main living space is a utility closet housing a conveniently stackable LG washer/dryer. An additional double-wide front hall closet provides ample storage space with built-in shelving, and its Shaker-style doors add a stylish touch. The galley kitchen is warm and inviting, with stunning custom cabinetry and a high-end stainless appliance package.
The first full bath is serene and beautifully appointed, offering a quiet space for relaxation. Neutrally hued, large format tiles add to the tranquility of the space. The primary bedroom features an expansive, elongated layout, providing ample space to comfortably accommodate a king-size bed. A large walk-in closet provides abundant storage space, and the ensuite bathroom features a floating vanity with additional storage and a sizable shower. The secondary bedroom is equally spacious, with its own walk-in closet and Juliet balcony. Both bedrooms offer gorgeous views of the deck.
Residents of 1198 Jefferson Avenue are surrounded by local favorites, including Phil's, Father Knows Best, Irving General, Money Cat, Fazio's, Tikal Cafe, Caffeine Underground, Bar Cornelia, and Halsey Ale House. The property also offers convenient access to multiple subway lines, Citibike on the block and Irving Square Park.
This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. File No. CD24-0147
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $700,000 | $700,000 | $700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.750% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.028% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,652 | $4,085 | $5,720 |
| Total Monthly Payment | $3,744 | $4,177 | $5,812 |
* 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.