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Experience refined living in this spacious three-bedroom, two-bathroom home at The Novo, a full-service condominium in the heart of Park Slope. This light-filled residence features an open-concept layout with oversized windows, a private balcony, and stunning city and skyline views. It is fully equipped with an in-unit, vented LG washer/dryer, hardwood floors, abundant closet space, and a zoned PTAC system.
The renovated chef's kitchen includes stainless steel appliances, custom cabinetry, stone countertops, and a versatile island. The primary suite accommodates a king-sized bed and features a walk-in closet and a spa-like en-suite bath. Two additional bedrooms offer western exposures and city views.
The Novo is a premier full-service condo offering a full-time doorman, superintendent, and porter, as well as on-site parking for rent, third-party management, a fitness center, a resident lounge, a yoga room, a renovated children's playroom, a grand lobby, and a landscaped garden entrance on 5th Street.
Enjoy JJ Byrne Park and its vast playground just steps away. Fifth Avenue's boutique shopping, dining, caf s, and bars are nearby, with additional wine bars, bookstores, and grocery stores-including Whole Foods-on Seventh Avenue. Convenient subway access includes the F, G, and R trains at 4th Ave and 9th St, with the R train also accessible at Union Street. Atlantic Barclays Station, offering connections to multiple subway lines and the LIRR, is just one stop away.
A 25-year tax abatement until June 2033 keeps monthly costs low, making this home an excellent option for both investors and end-users.
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:
$1,695,000
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 |
|
---|---|---|---|
Loan Amount | $1,356,000 | $1,356,000 | $1,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.764% | 6.435% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,913 | $8,683 | $11,627 |
Total Monthly Payment | $8,038 | $8,808 | $11,752 |
* 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.