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270 5th Street, 4B
Penthouse perfect!
Welcome to unit 4B at 270 5th Street, a beautifully renovated top floor residence at the coveted Milk Factory Lofts in the heart of Park Slope.
Set within a turn of the century converted milk factory, this exceptional home blends authentic loft character with sophisticated modern upgrades, offering a rare combination of warmth, scale, and functionality. The expansive living and dining space is anchored by a charming wood burning fireplace and flooded with natural light, creating the perfect setting for both entertaining and everyday living. Split system air conditioning throughout the home provides efficient and customizable comfort year round.
The newly renovated chef's kitchen has been thoughtfully designed with high end appliances, custom cabinetry, marble countertops, and elegant finishes that elevate the entire home. The gorgeous spa like bathroom has also been beautifully renovated with timeless materials and refined detailing.
One of the apartment's most remarkable features is its enormous private terrace spanning over 600 square feet, a true extension of the living area and an incredibly rare offering in Brooklyn loft living. Complete with ample room for outdoor dining, lounging, gardening, and entertaining, this extraordinary outdoor oasis offers seamless indoor outdoor living and open sky views perfect for year round enjoyment.
The thoughtfully designed layout includes two well proportioned bedrooms, generous closet space, private storage, and a coveted outdoor parking space that transfers with the unit.
The pet friendly Milk Factory Lofts is a well maintained elevator coop with laundry facilities and rich industrial history, ideally positioned on a leafy Center Slope block moments from Prospect Park, JJ Byrne Park, beloved restaurants and cafés along 5th Avenue, Whole Foods, and multiple subway lines including the R, F, and G trains.
A rare opportunity to own a turnkey penthouse loft with character, comfort, outdoor space, parking, and storage in one of Brooklyn's most sought after neighborhoods
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.Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
| 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 | $6,337 | $6,871 | $9,417 |
| Total Monthly Payment | $6,462 | $6,996 | $9,542 |
* 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.