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Welcome to the Toren Condominium, a striking architectural landmark located in the heart of Downtown Brooklyn. Designed by the world-renowned firm Skidmore, Owings & Merrill, Toren represents a bold interpretation of modern urban living, combining innovative design, sustainability, and elevated lifestyle amenities. From its distinctive glass façade that shifts beautifully with the light throughout the day to its thoughtfully planned interiors, Toren stands as one of Brooklyn’s most recognizable and forward-thinking residential developments. The building was developed with a strong emphasis on environmental responsibility, targeting Gold LEED certification and incorporating a high-efficiency Cogen energy system to support reduced environmental impact while maintaining modern comfort and performance. Residences at Toren are designed to maximize natural light, space, and views. Floor-to-ceiling windows frame sweeping panoramas of the Brooklyn skyline, Manhattan, and surrounding neighborhoods, creating a bright and open living environment. Open-concept layouts enhance flow between living, dining, and kitchen areas, while clean modern finishes and high-quality materials contribute to a refined yet comfortable atmosphere. Unit 2504 at 150 Myrtle Ave offers an exceptional opportunity to experience elevated city living. The residence features expansive windows, a functional layout, and bright interiors that reflect the building’s contemporary design philosophy. It is well-suited for both everyday living and entertaining, offering comfort and sophistication in one of Brooklyn’s most dynamic neighborhoods. Residents enjoy a full suite of premium amenities designed to enhance convenience and lifestyle, including: 24-hour concierge and doorman service Two-level attended parking garage Elegant resident library and lounge spaces Approximately 2, 000 sq. ft. landscaped outdoor terrace Fully equipped fitness and wellness center Secure entry and on-site management Additional resident storage options (where available) One of the standout financial benefits of Toren is the 25-year 421a tax abatement, providing significant long-term savings for homeowners and enhancing the overall value of ownership. Ideally located near major subway lines, dining, shopping, and cultural destinations, Toren offers unmatched accessibility to Manhattan and the rest of Brooklyn. It is a rare combination of architectural distinction, sustainability, and luxury amenities, making it one of Downtown Brooklyn’s most desirable residential addresses.
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:
$899,000
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 | $719,200 | $719,200 | $719,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.133% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,084 | $4,312 | $6,069 |
| Total Monthly Payment | $4,176 | $4,404 | $6,161 |
* 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.