577 Madison Street, #4B, Brooklyn (Stuyvesant Heights), NY, 11221 | $1,025,000

PRICE IMPROVEMENT and SHOWING BY APPNT. — This unique duplex includes 3 levels of PRIVATE outdoor space with stunning panoramic views of downtown Brooklyn and serene garden views overlooking the rear of the building brings peace and tranquility. Incredibly low monthly’s at $696 incl. CC's + RE Taxes. (NOTE: Combined 702sf interior + 426sf exterior = 1, 128sq ft) 577 Madison is a collection of townhouse-style condos on a beautiful tree-lined street with original brownstones which lead the developer to create a modern take on brownstone living. Penthouse 4B is a quiet and inviting 2BR/2BA duplex - a true feeling of a home amongst the tree-tops and from the moment you step inside you’re greeted by oversized dual-pane windows that provide wonderful natural light from 3 exposures and gorgeous hardwood floors run throughout, complemented by recessed lighting and exposed brick. The open kitchen dining area steals the show with white shaker style cabinets, premium counters, top-of-the line SS appliances which includes a double refrigerator/freezer automatic icemaker, gas oven/stove with a built-in microwave and dishwasher and for those wine and champagne lovers, there's a wine cooler fridge on the middle terrace which makes it fantastic for entertaining! The bedrooms are on separate levels, both cozy and comfortable with custom built closets and the lower level has a custom built-in Murphy bed which includes generous storage and converts into a home office. (Extra pics added to show a full size bed) The windowed bathrooms are spa-like with a deep-soaking vintage clawfoot cast iron tub, heated flooring and Victorian style pull chain toilette with a modern touch on the lower level and upper level is an en-suite bathroom with a sizable shower stall and plenty of shelf space. Central AC and heating, large in-unit LG washer/dryer, and excellent security features, including a video intercom and gated entrance. High ceilings and recessed lighting with dimmers throughout. Convenient to the A/C trains at Utica with CitiBike at your doorstep. On Lewis Avenue stop by the famous Saraghina Bakery and their adjacent restaurant for a scrumptious meal or BKB-Brooklyn Brasserie on Stuyvesant Street amongst many other trendy eatery's. FUN THINGS TO DO: “LIVE music” venue at Bar LunAtico @ 486 Halsey St/Lewis Ave; "Brownstone JAZZ" at 107 Macon St/Marcy Ave and "Herbert Von King Park" renamed from Tompkins Park which includes a Dog Park and SummerStage Amphitheater for a bit of outdoor fun! Stuyvesant Heights is a neighborhood with a strong sense of identity and community. Its mix of historic charm, artistic expression, and entrepreneurial spirit makes it one of Brooklyn's most desirable places to live. Contact the 1st Exclusive Broker for ALL viewings please. Limited Virtual Staging & Photos by Jehovy - EmpireOptix

Features

  • Town: Brooklyn
  • Cooling: Central
  • Levels: 4
  • Amenities: Roof Deck;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: CommonArea
  • Year Built: 1901
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Washer/Dryer Hookups: Yes
  • Balcony: Yes
  • Terrace : Yes
  • Private Roof: Yes
  • Service Level: Voice Intercom
  • Built Size: 20' wide
  • OLR#: RLS20076836
  • Days on Market: 87 days
  • Website: https://www.raveis.com
    /prop/RLS20076836/577madisonstreet_brooklyn_ny?source=qrflyer
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.
Listing courtesy of Compass

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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577 Madison Street, #4B, Brooklyn (Stuyvesant Heights), NY, 11221

$1,025,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $820,000 $820,000 $820,000
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 $125 $125 $125
Initial Principal & Interest Pmt $4,656 $5,049 $6,920
Total Monthly Payment $4,781 $5,174 $7,045

* 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.