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Perfectly positioned on the literal border of Clinton Hill and Bedford-Stuyvesant, Residence Two is a beautifully designed two-bedroom, two-bathroom home within an intimate four-unit boutique condo conversion. Located on Madison Street between Bedford Avenue and Franklin Avenue, this home offers the perfect blend of modern luxury and prime Brooklyn living.
Flooded with natural light from massive windows, the expansive living and dining area flows seamlessly to a large private balcony off the back - ideal for morning coffee or evening unwinding. The thoughtfully designed layout features two generously sized bedrooms, including a spacious primary suite, and two full bathrooms finished with imported stone and refined detailing.
The expertly crafted kitchen showcases stainless steel appliances, custom cabinetry, and premium finishes that balance style and functionality. Throughout the home, you'll find beautiful hardwood floors, abundant closet space, and the convenience of an in-unit washer and dryer as well as central air & heat.
With remarkably low monthlies and a superb location just moments from the A, C, and G trains, Residence Two offers exceptional value in one of Brooklyn's most vibrant and connected neighborhoods.
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:
$1,495,000
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 |
|
|---|---|---|---|
| Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,697 | $7,267 | $10,012 |
| Total Monthly Payment | $6,822 | $7,392 | $10,137 |
* 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.