Welcome home to 295 12th street where you can experience the best of both worlds: high end, designer condo living in a beautifully renovated unit coupled with calm townhouse living vibes nestled in the heart of Park Slope, one of Brooklyn's most coveted neighborhoods.
There are two units in this unique condo conversion, and both are premium triplexes with private outdoor space, designer finishes, sconce and pendant lighting, and tons of storage throughout. Both units boast exceptionally low monthly carrying costs and taxes, under $1, 000 per month.
Unit 1 is a magnificent 2 bedroom, 3 bathroom unit encompassing an impressive 1, 787 square feet and includes the private fenced and landscaped backyard with a back patio -- an ideal space for alfresco dining and entertaining.
The chef's kitchen is outfitted with a premium Thermador appliance package, custom warm oak cabinetry and quartz countertop with a top tier black cosmic granite leather finish.
The designer bathrooms have tiled niches, fluted vanities and sconce lighting that casts a warm ambient glow.
There is a large bedroom on the first floor of this unit with a custom closet and sconce lighting. The room is large enough to accommodate a queen or king size bed. Continue up the stairs to find the south west facing primary bedroom with walk in closet with built out cabinetry and drawers. The bottom floor of this triplex has a large rec space with a custom lighting design making this space feel as comfortable as any living room. A half bathroom, in-unit laundry and extra storage rounds out the floor.
The spectacular location of 295 12th Street places you squarely within Park Slope, a vibrant community renowned for its charming brownstone-lined streets, lush green spaces, and a thriving local scene. Just a stone's throw away is the iconic Prospect Park, not to mention the rich cultural and culinary scene on 5th avenue. Commuting within Brooklyn or to Manhattan is a breeze with the 4 Av-9 St F/G subway station one block away.
The complete offering terms are in an Offering Plan available from Sponsor. File NO. CD24-0196
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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 | $1,596,000 | $1,596,000 | $1,596,000 |
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% | 6.739% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,062 | $10,219 | $13,576 |
Total Monthly Payment | $9,187 | $10,344 | $13,701 |
* 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.