Easily converted to a two-bedroom, residence 401 is currently configured as a spacious one-bedroom. Ask us about the favorable 5. 625% interest rate by our preferred lender plus, 10% down offers accepted. The Kent Condominiums. Residence 401, nestled within a converted industrial building turned condominium in 2006, offers a unique blend of historic charm and contemporary luxury. Spanning nearly 1000 square feet, this spacious light-filled loft one-bedroom (or flex two-bedroom) residence boasts soaring 12-foot ceilings and an open living and dining area, perfect for both relaxation and entertaining. Enjoy sweeping panoramic views of the city skyline and open skies, with the added bonus of frequent rainbow sightings – truly a sight to behold. With open exposures capturing the city skyline afar and the tranquil treetops nearby, every glance out the window is refreshing. You'll find the ultimate in comfort and convenience with two full bathrooms, one en suite, featuring upgraded Kohler faucets, and showerheads, glass shower enclosures, custom cabinetry, large walk-in closets, and plenty of storage space throughout. You won't need additional storage, although it is offered in the building. Meticulously maintained by its original owners, the open-concept kitchen offers ample storage space, stainless steel appliances, and directional track lighting. This home is equipped with a full-sized Bosch washer and dryer for added convenience. Outside your private space, you’ll discover a wealth of amenities, including a fitness center, children’s playroom, bike storage, and the attentive services of a dedicated property manager and full-time doorman. Take in the sizable outdoor courtyard, complete with a walking path, manicured greenery, and a large patio with new furnishings, providing the perfect backdrop for relaxation and socializing. Located on the border of Clinton Hill and Bed Stuy, The Kent Condominium offers the best of both worlds – the tranquility of tree-lined streets and the vibrancy of popular restaurants, shops, and transit options just moments away. Commuting to the city is as close as three blocks away with the G train, and convenient parking is available in a nearby garage located on the same street. Don’t miss your chance to call 970 Kent home. Please note that there is an ongoing special assessment of $250. 76/month, ensuring continued maintenance and consistent building improvements.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 |
|
---|---|---|---|
Loan Amount | $799,999 | $799,999 | $799,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.902% | 6.360% | 6.056% |
Monthly Tax Payment | $650 | $650 | $650 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,542 | $4,926 | $6,697 |
Total Monthly Payment | $5,284 | $5,668 | $7,439 |
* 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.