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A New Townhouse Conversion by ECKSTRØM
181 Baltic Street - The Upper Residence
Late Summer Completion
Common Charges: $1, 528 / month
Taxes: $1, 447 / month
Occupying the upper two floors of a restored 25-foot-wide brownstone in the Cobble Hill Historic District, The Upper Residence is one of only two homes within 181 Baltic Street.
The interiors are defined by a restrained palette of natural materials, including wide-plank European oak flooring, a custom kitchen imported from Germany, Miele appliances, Calacatta Viola marble countertops and Waterworks fixtures throughout. Warm, understated detailing creates spaces designed for both everyday living and entertaining.
A private terrace extends directly from the kitchen and dining room, while a landscaped roof terrace with a fully equipped outdoor kitchen offers an exceptional setting for outdoor dining, entertaining, and quiet retreat above the surrounding neighborhood.
Located moments from the restaurants, cafés, boutiques, parks, and Brooklyn Bridge Park, 181 Baltic Street offers boutique condominium living within one of Brooklyn's most established historic neighborhoods. The home is currently zoned for PS 29.
Renderings are artist's representations and are intended for illustrative purposes only. Materials, finishes, fixtures, appliances, landscaping, dimensions, and specifications are subject to change without notice.
The complete terms for The 181 Baltic Street Condominium are contained in an Offering Plan available from the Sponsor. File No. CD25-0342.
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:
$5,695,000
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 | $4,556,000 | $4,556,000 | $4,556,000 |
| 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% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $25,868 | $27,316 | $38,446 |
| Total Monthly Payment | $25,993 | $27,441 | $38,571 |
* 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.