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You had me at "tax abatement. "
In a market where monthly costs keep climbing, a tax abatement through 2034 isn't just a perk - it's a game-changer. Combined with impressively low common charges, this duplex delivers monthly expenses that actually make sense in Brooklyn.
Situated at the BACK of the building and super quiet, 402D is a thoughtfully designed two-bedroom, two-bathroom duplex on Nostrand Avenue in Bedford-Stuyvesant. The layout feels intentional and spacious, never cramped or improvised. The main level is flooded with strong eastern morning light, framed by high ceilings and beautiful wide-plank flooring. The kitchen is clean and elevated, featuring Caesarstone countertops, a full suite of stainless steel appliances, and a standout Bertazzoni gas range.
This level also includes a generously sized second bedroom with ample closet space, a flexible living/dining or home office area, a full bath, a Miele washer/dryer, and practical storage. (There's also a storage cage in the basement)
Upstairs, the primary suite feels like a true retreat - bright with glorious morning sun, private balcony access, and an en-suite bath finished with elegant marble and warm wood accents.
But the real showstopper is the expansive private roof deck. With sweeping views over historic Brooklyn rooftops and the Manhattan skyline beyond, it's large enough to actually live on: perfect for dining, lounging, barbecuing, or creating your own rooftop garden.
This boutique condominium offers easy access to the A/C and G trains, Herbert Von King Park, and the vibrant restaurants, bars, and cafés of Tompkins Avenue.
The appeal is simple and compelling: locked-in low monthly costs for years to come, smart and functional living space, and meaningful outdoor areas that elevate everyday life.
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:
$1,195,000
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 | $956,000 | $956,000 | $956,000 |
| 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 | $5,353 | $5,809 | $8,003 |
| Total Monthly Payment | $5,478 | $5,934 | $8,128 |
* 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.