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Industrial style meets designer luxury in this sprawling two-bedroom, two-bathroom showplace featuring a desirable split-bedroom layout, private outdoor space and premium finishes at 98 Front, one of Dumbo’s most revered new condominiums. Purchase includes a parking space valued at $150, 000. Inside this turnkey 1, 218-square-foot residence, polished concrete ceilings and designer light fixtures soar above 5-inch white oak floors and massive sound-attenuating windows on the western and southern exposures. A gracious foyer flanked by a coat closet welcomes you into the expansive great room, an ideal setting for seamless indoor-outdoor entertaining alongside your private balcony. Chefs will love the open Italian kitchen, where custom wood cabinetry and white Corian surround top-of-the-line Bosch appliances, including a gas cooktop, convection oven and speed ovens, a paneled refrigerator and a dishwasher. Head to the primary suite to find a king-size layout and an en suite bathroom where a double Laufen sink floats above oak shelving. A walk-in rain shower, wide medicine cabinet, brushed nickel fixtures, and radiant heat marble flooring complete the spa-like space. Across the living room, the second bedroom boasts a roomy reach-in closet and easy access to the beautifully appointed guest bathroom. An in-unit washer-dryer and central HVAC add comfort and convenience to this delightful Dumbo retreat. Designed by renowned ODA Architecture in 2019, 98 Front is an award-winning LEED-certified condominium where residents enjoy 24-hour doorman/concierge service, a chic lobby, a Butterfly MX smart intercom system, and Latch keyless smart door locks for seamless arrivals and departures. Indulge in the indoor saltwater pool, spa, steam room and state-of-the-art fitness center. The residents’ lounge, co-working space and children’s playroom are perfect for gathering, while the 7, 000-square-foot roof deck tempts you outside with glorious views, outdoor kitchens and grills, screening capabilities and a workout area. On-site parking, a bike room and resident storage round out the spectacular 98 Front lifestyle. Located just two blocks from Brooklyn Bridge Park, this Dumbo location enjoys easy access to gorgeous waterfront open space, jaw-dropping views and endless recreation. The fantastic Empire Stores and St. Ann’s Warehouse deliver world-class shopping and entertainment, while the local dining scene features great spots for seafood, French and Italian cuisine. Transportation is effortless with A/C, F, 2/3, R and 4/5 trains, excellent bus service, the Fulton Ferry Landing and CitiBike stations all nearby.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,050,000
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 | $1,640,000 | $1,640,000 | $1,640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | $1,887 | $1,887 | $1,887 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,312 | $10,501 | $13,950 |
Total Monthly Payment | $11,324 | $12,513 | $15,962 |
* 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.