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Welcome to 96 Schermerhorn Street, Penthouse E, a brilliantly designed studio loft that maximizes every inch of space with style.
The lower level of this Downtown Brooklyn home features a large living area under nearly 12-foot ceilings featuring creative display shelving that opens to reveal a large storage area. The modern bathroom features an updated white subway-tiled shower/tub combination balanced by dark flooring and a stylish gray vanity.
You'll love the elevated dining area, just outside your open, renovated kitchen with white cabinetry, stainless steel appliances, and dark countertops, creating a sophisticated contrast. Two windows frame the east-facing open views across Brooklyn filling the space with light. It's perfect for entertaining.
On the opposite end of the home, you'll ascend the striking black industrial chic stairs with sleek metal railings to find a cozy lofted sleeping area. The custom-built bed nook features well-designed cutouts on both sides, creating an airy retreat under the six-foot high ceiling. There's ample space for a dresser or a desk for a dedicated work-from-home area.
Built in 1928 during the Art Deco era, 96 Schermerhorn Street was formerly home to St. Johns College before its conversion in 1981. The building offers residents a full-service experience with round-the-clock doorman, convenient second-floor laundry facilities, dual passenger elevators, dedicated bicycle storage and basement storage units (currently with a waiting list), and a spectacular communal rooftop terrace that provides views of Manhattan's iconic skyline and Brooklyn's evolving urban landscape.
Situated where four of Brooklyn's most coveted neighborhoods intersect-Brooklyn Heights, Downtown Brooklyn, Cobble Hill, and Boerum Hill - this address delivers exceptional access to the borough's finest offerings. The vibrant shopping and dining scenes of Smith Street, Atlantic Avenue, and Court Street lie just steps from your door, while commuters benefit from numerous transit options via the nearby Borough Hall and Jay Street-MetroTech transportation hubs, putting all of NYC within easy reach.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$540,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $432,000 | $432,000 | $432,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,731 | $2,838 | $3,616 |
Total Monthly Payment | $2,823 | $2,930 | $3,708 |
* 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.