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The Candy Factory at 124 Washington Avenue carries a legacy of creativity and quiet ambition. Thoughtfully reimagined as a boutique collection of 15 refined luxury condominium residences across nine unique layouts, the building preserves the spirit of its industrial past while embracing modern living. Residence 2B is a thoughtfully designed one-bedroom, one-bathroom home defined by its expansive living and dining area, offering a generous layout ideal for both everyday living and entertaining. The open-concept design creates a seamless flow between spaces, allowing the living and dining areas to function as the central gathering point of the home. Large windows invite natural light into the residence, enhancing the sense of openness and warmth throughout, while the spacious living and dining area provides flexibility for comfortable lounging, dining, and hosting. At the heart of each home is a beautifully appointed kitchen designed for both everyday living and elevated entertaining. Kitchens feature a curated suite of premium appliances, including a panel-ready Bertazzoni refrigerator and dishwasher, seamlessly integrated for a clean architectural aesthetic. The cooking suite is anchored by Bosch 800 Series appliances, including a 30-inch electric cooktop, single wall oven, and over-the-range microwave, offering both performance and sophistication. Residences are also equipped with Electrolux compact washer and dryer units, designed to maximize both space and convenience. Beyond the residences, The Candy Factory offers a collection of thoughtfully designed amenities that enhance everyday living. Residents enjoy a serene common rooftop deck with skyline views and an outdoor kitchen, a private ground-floor courtyard, a fully equipped fitness center, pet spa, and bike storage. Perfectly positioned in Clinton Hill, one of Brooklyn’s most charming and architecturally rich neighborhoods, The Candy Factory is surrounded by tree-lined streets, historic brownstones, and a vibrant mix of cafés, restaurants, and cultural destinations. The neighborhood is home to beloved local institutions, independent boutiques, and nearby parks, offering a balanced lifestyle of tranquility and city energy. Commuting is seamless with convenient access to the G subway line nearby, connecting residents to Williamsburg, Greenpoint, and Downtown Brooklyn. The NYC Ferry at the Brooklyn Navy Yard is also just moments away, offering a scenic and efficient route to Manhattan and other waterfront neighborhoods. The complete offering terms are in an Offering Plan available from Sponsor. File No. CD250225
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:
$925,000
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 | $740,000 | $740,000 | $740,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,202 | $4,556 | $6,245 |
| Total Monthly Payment | $4,294 | $4,648 | $6,337 |
* 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.