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Step into the vibrant lifestyle of Bushwick with this stunning condo at 1008 Decatur Street, Unit 4A!
With 7 years remaining on a 100% tax abatement and an additional 6 yeard of 25% tax abatement this is a fantastic opportunity for anyone wanting to shift from paying rent to building equity. This home is eligible for a Valley National Bank loan with an interest rate of just 5. 5%.
Offering bright and airy living with a modern bent, this exceptional top-floor, one-bedroom condo covers 655 square feet and boasts an open layout designed for comfort and style. As you enter, you're greeted with beautiful hardwood flooring and high ceilings adorned with oversized noise-reduction windows that allow an abundance of natural light and delightful northwest exposure offering views over charming rooftops with the sky as your backdrop.
The modern kitchen is a dream, featuring a sleek center island, dishwasher, and a 5-burner stove, making it both functional and aesthetically pleasing. Unwind in the luxurious bathroom complete with an oversized tub, ideal space for relaxation after a day enjoying your neighborhood. Step out onto your private Juliet balcony or take advantage of your private portion of the building's roof deck, offering you space to relax and take in the sweeping views.
The unit provides ample storage space with generous closets and the added convenience of a washer/dryer right in the apartment. Located in a post-war walkup building, this home perfectly captures the charm of Bushwick and Bed Stuy. You are conveniently close public transport options, ensuring easy access to the rest of the city.
This beauty is just waiting for your special touches to make it home!
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.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.
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Our Executive Mortgage Banker:
$600,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $480,000 | $480,000 | $480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,955 | $3,031 | $3,986 |
| Total Monthly Payment | $3,047 | $3,123 | $4,078 |
* 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.