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Rare opportunity to own a unique 2-bedroom loft condo in the highly sought-after Chocolate Factory, ideally located on the border of Bedford-Stuyvesant and Clinton Hill in Brooklyn! This beautifully maintained and thoughtfully updated unit offers true open-concept loft living with soaring 13 foot ceilings, a full wall of windows, and abundant natural light. The home features new wood flooring (2024) and a new hot water heater (2024), along with an IN-UNIT washer and dryer installed within the last five years. The spacious kitchen includes granite countertops and stainless steel appliances, while the recently updated bathroom features new tiling. The flexible layout includes one bedroom on the main level and a second lofted bedroom, both offering exceptionally large closets. Additional storage throughout the unit makes the space as functional as it is stylish. Originally converted to lofted condominiums in 2002, the Chocolate Factory offers a range of desirable amenities, including a bike room, 24-hour security cameras, and an incredibly unique green rooftop deck with breathtaking views of the NYC skyline. The rooftop also features a glass-enclosed gym and reservable space for hosting gatherings, making it the perfect place to relax, entertain, or simply enjoy the fresh air. The location cannot be beat! Just blocks from the heart of Clinton Hill and within easy reach of Downtown Brooklyn, you’ll have access to an incredible selection of restaurants, bars, grocery stores, and shops. The G train entrance is only 2. 5 blocks away and can get you to Atlantic Terminal and the Barclays Center in a few short stops. In addition, multiple bus routes provide quick access to most subway lines. Outdoor lovers will also appreciate being just a short distance from Fort Greene Park and the Brooklyn Navy Yard. This is the Brooklyn loft you’ve been dreaming about!
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Our Executive Mortgage Banker:
$899,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $549 | $549 | $549 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,084 | $4,428 | $6,069 |
| Total Monthly Payment | $4,725 | $5,069 | $6,710 |
* 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.