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Sponsor Paid Free Parking Nearby for Two Years
Welcome to 18 Melrose Street - a sprawling boutique condominium in the heart of prime Bushwick.
Residence #2 is guaranteed to dazzle even the most discerning of homebuyers. This unparalleled 988 sqft 2-bedroom, 2-bathroom floor-through home boasts an expansive open concept floor plan beautifully illuminated by natural light. A vast great room is at the heart of the unit spanning spacious living room, dining room, and kitchen areas. A tasteful blend of industrial chic and laidback luxury defines the design of the space and harkens to the hip neighborhood of Bushwick beyond your doors. Statement finishes include polished concrete floors, sweeping floor-to-ceiling windows, in-unit vented washer / dryer, and several convenient storage closets. This unicorn of a property is not likely to be found elsewhere at this price point.
Upon entering, you step into a lovely entryway replete with a large coat closet and full bathroom. The natural flow of the space sweeps you into the bright and airy living room / dining room / kitchen space gorgeously framed by picturesque sliding floor-to-ceiling windows. The chef's kitchen is an entertainer's dream with its eat-in peninsula and high-end stainless steel appliance package from Fisher & Paykel and Blomberg - featuring a custom, built-in exhaust hood. Caesarstone countertops and matching backsplash as well as Brienza antique copper finishes makes this kitchen as lovely as it is functional.
The sizable primary suite boasts a full spa-like bathroom highlighted by its beautiful Calacatta marble floors and Italian imported gold beveled tiles. A custom floating vanity, vessel sink, and wall-mounted Duravit toilet complete the design. The second bedroom is equally thoughtfully outfitted with its own private closet and easy access to the second full bathroom.
18 Melrose Street is just as breathtaking on the outside as it is within. The dramatic exterior of this boutique condominium is made up of a trio of adjacent buildings with imported Greek Aluminco facades. Shared amenities include an open rooftop terrace with expansive views and a gorgeous lobby. Nestled conveniently between Bushwick and Bed-Stuy, The Melrose offers all the best that Brooklyn has to offer. A plethora of popular restaurants, trendy bars, charming cafes, and bespoke shops are mere minutes away as are the M/J/Z subway lines.
Parking garage options available nearby
Don't let this once-in-a-lifetime property get away! Contact us today.
This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. File No. CD20-0185
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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:
$1,089,000
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 | $871,200 | $871,200 | $871,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,947 | $5,578 | $7,411 |
Total Monthly Payment | $5,072 | $5,703 | $7,536 |
* 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.