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Brooklyn (Bedford-Stuyvesant), NY, 11205 | $750,000
A Rare Opportunity in Prime Bed-Stuy!
Enjoy a coveted tax abatement through 2036!
This oversized 1-bedroom, 1-bathroom corner condo comes with both a private storage unit and a dedicated parking space - an unparalleled offering in the neighborhood.
Bathed in natural light, this contemporary residence features an open-concept layout with oversized north- and east-facing windows, wide plank hardwood floors, and industrial-chic concrete ceilings. The sleek chef's kitchen is appointed with modern cabinetry, chic countertops, a custom backsplash, and top-of-the-line Liebherr and Bosch appliances.
The king-sized bedroom offers a generous closet, custom built-ins, and serene treetop views. The bright, modern bathroom is complete with classic subway tile, a deep soaking tub, and stylish fixtures. An in-unit Bosch washer and dryer provide added convenience.
175 Spencer Street is a boutique elevator condominium offering lifestyle amenities including a fitness center, smartphone video intercom, private storage, and a rooftop terrace with skyline views, a grill, and lounge space.
Perfectly positioned near the border of Clinton Hill, the building is moments from acclaimed local favorites like Fan Fan Doughnuts, Brooklyn Kolache, and The Emerson, with green spaces and playgrounds nearby. The G train at Classon Ave puts North Brooklyn, LIC, and Manhattan within easy reach.
Pet-friendly and perfectly located, this is city living with rare extras - plus unbeatable tax savings until 2036.
Photos are virtually staged.
Features
- Town: Brooklyn
- Cooling: Other
- Levels: 6
- Rooms: 4
- Bedrooms: 1
- Baths: 1 full
- Laundry: Building None,Washer Hookup,In Unit
- Year Built: 2008
- Common Charge: $567 Monthly
- Approx Sq. Feet: 761
- View: Other
- Pet Policy: Building Yes,No
- MLS#: RLS20024320
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/RLS20024320/175spencerstreet_brooklyn_ny?source=qrflyer
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.Listing courtesy of Serhant Phone: 646-480-7665
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Brooklyn (Bedford-Stuyvesant), NY, 11205
$750,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
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 | $600,000 | $600,000 | $600,000 |
| 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 | 7.083% | 7.063% | 6.152% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,792 | $3,942 | $5,023 |
| Total Monthly Payment | $3,884 | $4,034 | $5,115 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535