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Residence 1105 is beautifully laid out two-bedroom, one-bath home offering modern comfort and refined city living in the heart of Downtown Brooklyn. This residence features an efficient layout enhanced by oversized windows that invite abundant natural light, creating a bright and airy ambiance throughout. The open living and dining area provides a versatile space ideal for both everyday living and entertaining. The contemporary kitchen is thoughtfully designed with sleek cabinetry, quality appliances, and ample storage, blending style and functionality. Both bedrooms are well-proportioned, offering flexibility for a primary suite, guest room, or home office, while the bathroom is finished with clean, modern details. Additional highlights include hardwood flooring, generous closet space, and an in-unit washer/dryer, ensuring comfort and convenience at every turn. Key Highlights - Heating, cooling, and gas included in common charges - Tax abatement in place until 2035 (significant savings!) - Exceptionally low monthly carrying costs - Investor-friendly building - Virtual Elements in photos Toren is perfectly located for commuter convenience, just ONE STOP away from Manhattan on multiple lines. It is across the street from NYU Engineering School and 15 minutes door-to-door to NYU's main campus. Luxury amenities; a yoga studio, heated indoor pool, TWO saunas, library, bike room, two-level terrace, and a 2, 000SF fitness center equipped with interactive Peloton Bikes, and techno gym treadmills. Newly built CityPoint is across the street, housing much-talked-about Dekalb Food Market, Trader Joe’s, Target, and the date-night perfect Alamo Drafthouse Cinema. In the neighborhood are Whole Foods and the Apple store. Across the street is Brooklyn Commons, which hosts dynamic neighborhood events such as Pickle-ball, ICE SKATING, and public art installations. As featured in press Downtown Brooklyn has become one of Brooklyn’s premier residential destinations.
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:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
| 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 | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,224 | $5,516 | $7,763 |
| Total Monthly Payment | $5,349 | $5,641 | $7,888 |
* 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.