Brooklyn (Downtown Brooklyn), NY, 11201 | $600,000

A rare offering, this expansive one bedroom plus home office with northern and eastern exposures is ready for its next owner! Upon entering, you are welcomed into an extra large living area filled with natural light that beautifully highlights the hardwood floors. The generous living space easily accommodates a full living room setup, making it functional for both everyday living and entertaining. Just off the living room is a recently renovated galley kitchen featuring floor to ceiling cabinetry for abundant storage, high end appliances including a dishwasher, and a dining area with custom built-ins. This versatile dining space can easily be converted into a home office or second bedroom. At the end of the hallways sits the oversized corner bedroom, large enough to comfortably fit a king size bed and additional furniture. Across the hall is a recently renovated bathroom with tasteful finishes. Multiple closets and linen storage are found throughout the apartment, accommodating all of your storage needs.

225 Adams Street is a part of the Concord Village Co-op, ideally situated on the borders of DUMBO, Brooklyn Heights and Downtown Brooklyn. Each building comes with a doorman, elevator, rooftop access, full laundry facility, bike storage and storage cages (wait list). The beautifully landscaped grounds include manicured gardens, a gym, playroom, outdoor play area, community garden and private parking for rent (wait list). The A & C subway entrance is right next to the building for express access into Manhattan, plus many other subway lines within minutes of the complex, including the F, R, 2, 3, 4, 5 lines. The co-op allows pied-à-terres, co-purchasing and gifting. Pets are allowed (1 dog per unit and as many cats as you like!). ZONED FOR PS8.

Features

  • Town: Brooklyn
  • Cooling: Other
  • Levels: 15
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Building Other
  • Complex: Concord Village
  • Year Built: 1955
  • Common Charge: $1,357 Monthly
  • Pet Policy: Building Yes,No
  • MLS#: RLS20068430
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/RLS20068430/225adamsstreet_brooklyn_ny?source=qrflyer
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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 Serhant   Phone: 646-480-7665

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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Brooklyn (Downtown Brooklyn), NY, 11201

$600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $480,000 $480,000 $480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 5.990% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.322% 6.168% 5.628%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,763 $2,875 $3,890
Total Monthly Payment $2,855 $2,967 $3,982

* 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.