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Welcome to Residence 7B at 554 Fourth Avenue, a striking high-floor corner one-bedroom where floor-to-ceiling windows on two walls — including a sculpted glass bay — frame open views from Park Slope to the Manhattan skyline. Tucked at the end of a private hallway, the home opens into a sun-drenched great room with dramatic light all day. The open chef's kitchen is anchored by a waterfall peninsula in honed marble with breakfast bar seating, paired with custom cabinetry, a full-height marble backsplash, a Bosch panel-front refrigerator, and a KitchenAid gas range. Wide-plank white oak floors and seven-foot red oak interior doors run throughout, with central HVAC and individual zone control. The king-sized bedroom enjoys its own wall of glass and an oversized custom closet. The spa-inspired bathroom is wrapped floor-to-ceiling in marble and features a deep soaking tub, rainfall showerhead, and a floating marble vanity. A vented in-unit washer/dryer and abundant additional closets complete the home. Built in 2017, 554 Fourth Avenue is a boutique 40-residence glass condominium with video intercom entry, a stylish lobby, a fully equipped fitness center, a landscaped common terrace with outdoor seating and pergola, bike storage, package room, and a porter. The building is pet-friendly. Taxes approximately 819 per month. Perfectly positioned at the crossroads of Park Slope and Gowanus, the building is steps from the R train at Prospect Avenue, with the F and G lines a short walk away. Prospect Park, Whole Foods, and the celebrated dining of Fifth Avenue are all moments away. A rare combination of corner light, designer finishes, and boutique amenities in one of Brooklyn's most dynamic neighborhoods — Residence 7B is a turnkey opportunity not to be missed.
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Our Executive Mortgage Banker:
$820,000
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 | $656,000 | $656,000 | $656,000 |
| 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 | $819 | $819 | $819 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,725 | $4,039 | $5,536 |
| Total Monthly Payment | $4,635 | $4,949 | $6,446 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.