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Rare one-bedroom condo with three private outdoor spaces and skyline views. Keyed-elevator access brings you directly into this sun-flooded home with exposed brick and hardwood floors, perched above a tree-lined Spencer Street. The west-facing balcony off the living room offers unobstructed, panoramic views of Manhattan, from the Freedom Tower to the Empire State Building - ideal for sunsets. There’s an easy flow to the open-plan layout, moving through the kitchen to the east side of the apartment, where morning light floods into a dining area, naturally doubling as a home office. The south and east-facing, king-sized bedroom opens onto its own private terrace - a peaceful, generous space where a garden actually gets planted. From there, a spiral staircase climbs to a private roof deck with more Brooklyn and Manhattan views. City-living is made easy with a Nest-controlled central air/heat system, vented washer/dryer in-unit, video intercom and a fully-equipped kitchen with ample storage and stainless steel appliances - including a Bosch dishwasher. The 421A tax abatement runs through 2031, which meaningfully lowers carrying costs compared to most Brooklyn condos in this category. The building is currently completing an elevator modernization, adding long-term infrastructure value. 195 Spencer Street sits at the convenient intersection of Bed-Stuy and Clinton Hill. Within 1-2 blocks is the Bedford-Nostrand G train, Citi Bike docks and the B38, B44, and B54 bus lines. Herbert Von King Park, Fort Greene Park, and the Pratt Institute campus are all within walking distance. With Bar Birba, The Swan, C’mon Everybody, Greenberg's Bagels, Fan Fan Donuts, Samurai Papa, and Brooklyn Kolache nearby, there’s a great mix of neighborhood food and cafe options. *Common charges listed above include an 18-month special assessment (Feb’26-Aug’27) *$399 base common charges + $410 assessment through June’26; July‘26 assessment comes down to $270/month until Aug ‘27
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:
$875,000
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 | $700,000 | $700,000 | $700,000 |
| 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 | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,920 | $4,253 | $5,860 |
| Total Monthly Payment | $4,012 | $4,345 | $5,952 |
* 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.