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Ideally situated at the crossroads of Clinton Hill and Bedford-Stuyvesant, Residence Two is a thoughtfully crafted two-bedroom, two-bathroom home within an exclusive four-unit boutique condominium conversion. Set on Madison Street between Bedford and Franklin Avenues, this residence combines contemporary comfort with the energy and charm of prime Brooklyn living.
Bathed in natural light through oversized windows, the expansive living and dining area offers a bright and airy atmosphere ideal for both relaxing and entertaining. The well-proportioned layout includes two generously sized bedrooms, each with direct access to a private balcony, creating a seamless indoor-outdoor experience and a perfect retreat for morning coffee or evening unwinding. The spacious primary suite features its own en-suite bathroom, complemented by an additional full bathroom finished with imported stone and sophisticated detailing.
The designer kitchen is outfitted with stainless steel appliances, custom cabinetry, and elevated finishes that effortlessly merge form and function. Additional highlights include rich hardwood flooring throughout, ample closet space, central air and heat, and the convenience of an in-unit washer and dryer.
With exceptionally low monthly carrying costs and easy access to the A, C, and G subway lines, Residence Two presents an outstanding opportunity to enjoy refined Brooklyn living in one of the borough's most dynamic and well-connected 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.
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Our Executive Mortgage Banker:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
| 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 | $6,697 | $7,267 | $10,012 |
| Total Monthly Payment | $6,822 | $7,392 | $10,137 |
* 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.