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One and done! 594 Marcy Avenue PH2 is the apartment that checks all the boxes…Space, Light, Ease, and Low Carrying Costs. No, that's not a typo, the annual taxes really are only $57! This roomy convertible 3-bedroom apartment is ideal for end users or investors alike. Originally designed as a three-bedroom apartment but built as two, PH2 is a luxuriously large top-floor apartment bathed in light. The elevator brings you up to the 6th floor, where it opens up to your own private landing that provides space for a coat rack or bench. Coming home to the 22’ wide living room, you will feel immediately at ease by the breadth of space that greets you. Whether you want an oversized couch to sink in at the end of the day, a large dining table to entertain your friends, a piano to practice at, or a desk for work, you will have space for it all. The handsome kitchen, partially open to the living room yet smartly hidden from the dining area, features gorgeous cypress wood cabinets, quartz countertops, and a 36” wide French door fridge. The wide hall leading to the bedroom wing is clad in custom geometric wooden panels that cleverly conceals the full-sized washer and dryer, a large pantry with pull-out drawers, and the HVAC system. The secondary bedroom, currently used as work space, is nearly 10’ wide and generously proportioned. The primary bedroom fits a king-sized bed with ease and has a balcony with expansive views of downtown Brooklyn. The ensuite bathroom has a deep soaking tub and Porcelanosa vanity with drawers. Built-in Bluetooth speakers have been installed in the ceiling throughout the apartment. PH2 has low carrying costs and enjoys abated annual real estate taxes of only $57. This managed 10- unit condo also features a furnished roof deck facing east and west, where you can wonder up in the evening to enjoy a glass of wine staring at the Brooklyn city scape. A video intercom system easily ushers in your guests and deliveries. 594 Marcy Avenue is conveniently located one block from the G train. Please provide 24 hours notice for all appointment requests.
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William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
Monthly Tax Payment | $5 | $5 | $5 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,224 | $5,815 | $7,763 |
Total Monthly Payment | $5,354 | $5,945 | $7,893 |
* 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.