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Located on one of Park Slope’s most sought-after landmarked blocks, 535 1st Street is a five-story limestone townhouse that seamlessly blends modern luxury with timeless architecture. Designed by the award-winning Leroy Street Studio and featured in Architectural Digest, this exceptional home offers expansive living spaces, state-of-the-art amenities, and meticulously crafted details throughout. The home’s striking design maximizes light and space, with soaring ceilings and floor-to-ceiling glass walls that open to a professionally landscaped garden. The garden level features an impressive chef’s kitchen with an 18-foot marble island, custom cabinetry, and top-tier Miele, Wolf, and SubZero appliances. A sunken den with built-in oak bookshelves, a gas fireplace, and direct access to the garden makes for a perfect entertaining space. The parlor level boasts a dramatic living room with grand proportions, custom lighting for art display, and a second gas fireplace. An open library with glass walls creates a seamless connection to the outdoors, while a private screening room offers a high-end cinematic experience. The entire third floor is dedicated to the primary suite, complete with a sunlit bedroom, custom closets, a walk-in dressing room with built-in refrigeration, and a private terrace. The en-suite bath is a spa-like retreat with Calacatta Paonazzo marble and a stunning mosaic installation by artist Summer Wheat. The fourth floor includes a spacious en-suite bedroom with cathedral windows, plus two additional bedrooms sharing a large bathroom. The penthouse level offers a serene sitting area, a built-in desk, a custom bar, and retractable glass walls leading to two terraces with sweeping Brooklyn views. Designed with meticulous attention to detail over a four-year period, this residence is a true turnkey masterpiece in the heart of Park Slope.
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Our Executive Mortgage Banker:
Our Insurance Division:
$16,495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $13,196,000 | $13,196,000 | $13,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.739% | 6.183% |
Monthly Tax Payment | $2,350 | $2,350 | $2,350 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $74,925 | $84,495 | $111,355 |
Total Monthly Payment | $77,400 | $86,970 | $113,830 |
* 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.