Welcome to 1118 Fulton Street, a stunning new condominium that perfectly balances modern luxury with neighborhood charm. Located on the border of Bedford-Stuyvesant and Clinton Hill, right above the Franklin C Subway, this boutique building features eleven thoughtfully designed units, predominantly one-bedroom, one-bathroom layouts. The building offers a spacious roof deck with breathtaking city views, perfect for relaxation or entertaining. Enjoy the top-of-the-line new development, plus, an elevator for the utmost convenience!
Picutures are of unit with third exposure. 3R has no third exposure.
Unit 3R stands out with its sleek, contemporary design, highlighted by exposed concrete ceilings. This one bed one bath unit is south facing, making for a private and cozy atmosphere, with tons of natural light. The living space is inviting and perfect for your own entertainment station with plenty of room for furniture.
3R boasts a stylish kitchen equipped with top of the line appliances, including paneled fridge and dishwasher, and gas cooktop range! Past the living area, enjoy your own private, rear facing, balcony, an ideal spot for sipping your morning coffee. The bedroom is a bright space with a spacious walk in closet for all your storage needs, while the serene, spa like, bathroom is fully equipped with a tub, cove lighting and top of the line fixtures.
Situated on bustling Fulton Street, you'll find yourself just steps from the Franklin Street C train, making commuting a breeze. The area is vibrant and full of local hotspots like The Fly, Otway, Locanda Vini, and Olii, offering a range of dining and entertainment options. Experience the best of modern living in a dynamic and convenient location!
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR TF 1118 FULTON JV LLC AT 188 RALPH AVE, BROOKLYN NY 11233. FILE NO. CD23-0629
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,006 | $3,810 | $4,855 |
Total Monthly Payment | $4,098 | $3,902 | $4,947 |
* 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.