Tucked away on a peaceful, tree-lined stretch of the avenue, 1198 Jefferson brings a boutique collection of just four residences to one of the neighborhood's most charming corridors. With classic Brooklyn character and a sense of tranquility that feels rare in the city, this address offers a quiet retreat while keeping Bushwick's lively energy within reach. All residences are floor-through, north and south-facing homes with generous square footage and private outdoor space, most of which have storage rooms included.
Unit A is a 3-bedroom, 1. 5-bath garden duplex featuring a multi-level deck and a spacious lower-level rec room. Wide plank white oak floors run throughout the home and large windows allow for light to glitter through the space at all hours of the day. The unit's private entrance is beautifully landscaped, enhancing both its curb appeal and privacy.
Upon entry, you are greeted with a spacious, light-flooded entryway with abundant room for a bike rack or coat storage. The home flows seamlessly into a full size dining room and the first sizable bedroom. Notably, this unicorn property is a garden unit with three "true" bedrooms - a rarity in any borough. An adjacent closet houses a conveniently stackable LG washer / dryer duo. The galley kitchen is warm and inviting, with stunning cabinetry and a stainless appliance package.
Just beyond the kitchen, a Jack-and-Jill bathroom offers both public access and private access through the main bedroom. The generously-sized primary is roomy enough to accommodate a king-sized bed and walk-in closet as well as a versatile configuration of bedroom furniture. A large window opens onto the deck, providing lovely views of the garden. The home office also boasts a spectacular view and direct access of the deck. This massive two-tiered outdoor space is complemented by your very own tree, creating a serene retreat.
Descending the stairs to the lower level, you'll find the expansive rec room, complete with built-ins for entertainment and decor. The large space offers endless possibilities for storage and the custom shelving adds architectural interest. The lower level also provides access to the backyard, and a convenient powder room off the main area makes this space both comfortable and versatile.
Residents of 1198 Jefferson Avenue are surrounded by local favorites, including Phil's, Father Knows Best, Irving General, Money Cat, Fazio's, Tikal Cafe, Caffeine Underground, Bar Cornelia, and Halsey Ale House. The property also offers convenient access to multiple subway lines and Irving Square Park.
This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. File No. CD24-0147
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $999,200 | $999,200 | $999,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,752 | $6,398 | $8,499 |
Total Monthly Payment | $5,877 | $6,523 | $8,624 |
* 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.