|
Welcome to unit 3B at 244 Franklin Avenue, set in one of Brooklyn’s most vibrant and historic neighborhoods, Bedford Stuyvesant. This boutique 6 story condo building has just 2 units per floor, offering an abundance of privacy and quiet living. Step into this modern 1-bedroom, 1-bathroom condo, designed with both style and comfort in mind. The open-concept layout features hardwood floors, large windows that pour in natural light, and a thoughtfully designed living space that feels both chic and inviting. The sleek chef’s kitchen is outfitted with a vented island cooktop, stainless steel appliances, ample cabinetry, and clean contemporary lines — perfect for cooking, entertaining, or enjoying a quiet night in. Convenience is key with the in unit washer and dryer and dishwasher. The cozy bedroom provides a tranquil retreat, complete with additional storage, a true bonus to have in city living. You can step out for fresh air right from the unit, with its own private balcony. This elevator building provides basement bike storage and access to a lovely, shared rooftop with breathtaking city views! Located in a hot, energetic Brooklyn neighborhood, and on the border of Clinton Hill, you’re moments from eclectic cafes, bars and restaurants, grocery choices and excellent transit options. This home blends luxury and lifestyle — an ideal sanctuary in the heart of one of NYC’s most exciting and culturally diverse communities.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.866% |
| Monthly Tax Payment | $748 | $748 | $748 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,118 | $3,244 | $4,283 |
| Total Monthly Payment | $3,958 | $4,084 | $5,123 |
* 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.