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For a Limited Time - Get up to $15K in closing costs* - Inquire for details. Save over $600/month ($7, 500/year) in Real Estate Taxes - with a Tax Abatement through 2036!Sponsor Unit – Newly Renovated and Ready for Immediate Move-In! Be the first to live in this spacious one-bedroom home on a tree-lined street. The generously sized one-bedrooms at 175 & 192 Spencer Street are graced with an abundance of light and space. Every residence has been thoroughly reimagined with spacious interiors that are flooded with light from oversized windows and kitchens finished with striking Calacatta stone, custom cabinetry, and Bosch and Liebherr appliances. All of the residences at 175 & 192 Spencer are made complete with plentiful closet space, a Nest thermostat and a Bosch washer and dryer. Added conveniences at 175 & 192 Spencer include a furnished roof-top with BBQ, a fitness center and a live-in super. Residence FeaturesWide-plank hardwood floorsOver-sized windowsExposed concrete ceilingsBosch & Liebherr appliancesCalacatta stone counter-tops and backsplashBosch washer & dryerNest thermostatBuilding AmenitiesFurnished roof deck w/ BBQ grillFitness CenterSmartphone Video IntercomStorage*The NeighborhoodPerfectly positioned on the border of Bedford-Stuyvesant and Clinton Hill, this home places you in the center of one of Brooklyn’s most sought-after neighborhoods. From tree-lined streets and historic brownstones to a lively dining and café scene, the location offers a seamless blend of character and convenience. Multiple subway lines and nearby amenities make getting around effortless. Only a few short blocks from the G train at Bedford-Nostrand, mobility throughout Brooklyn, Manhattan and Queens from 175 and 192 Spencer is a breeze. *Subject to availability & fees. Images represent a previous model residence and may not be reflective of the layout of the subject residence in this advertisement. Equal Housing Opportunity. This advertisement is not an offering. Sponsor reserves the right to make changes in accordance with the offering plan. The complete offering terms are in an offering plan available from the Sponsor. File No. CD18-0448. Sponsor: BSP Spencer LLC, 80 Fifth Avenue, Suite 1201, New York, NY 10011
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:
$735,000
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 | $588,000 | $588,000 | $588,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,525 | $3,668 | $4,883 |
| Total Monthly Payment | $3,617 | $3,760 | $4,975 |
* 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.