Welcome to this airy corner loft with soaring 10-foot ceilings, oversized windows, and a flexible open floor plan that allows you to fully customize the 1, 100 square-foot space to suit your lifestyle. Easily convertible to a two-bedroom, this home offers incredible versatility.
Currently configured as a spacious one-bedroom, the layout is serene and thoughtfully designed, located in a pet-friendly elevator building on a coveted Park Slope block. Perched high on the 4th floor, it offers open views of gardens, flowering trees, and sky—light-filled, peaceful, and serene.
Design highlights include a custom Sputnik light fixture, 3 ceiling fans, and built-in bookshelves with storage that define the sleeping area. The newly renovated kitchen and bathroom bring modern convenience, and the in-unit vented LG washer/dryer adds to the ease of daily living.
The kitchen features sleek stone countertops, white and glass cabinetry, a stylish tiled backsplash, under-cabinet lighting, and stainless-steel appliances, including a Bosch dishwasher. The updated bathroom includes a charming pedestal sink, and generous closets and built-ins provide excellent storage throughout.
11 Sterling Place is one of Park Slope’s earliest condo conversions—originally built as a shoe factory and now home to just 36 units across five stories. The building features a full-time super, elevator, FIOS, and is pet friendly. Subletting is allowed, and the low monthly common charges and extremely low real estate taxes make this a solid investment.
Perfectly situated at the corner of Sterling Place and vibrant Fifth Avenue, you’re surrounded by fantastic restaurants, cafes, and local shops. Atlantic Terminal—with 11 subway lines and the LIRR—is nearby, as are Prospect Park, BAM, the Brooklyn Botanic Garden, the Brooklyn Museum, Barclays Center, and more.
Don’t miss this rare, adaptable loft with low carrying costs in a prime Park Slope location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
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 | $836 | $836 | $836 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,132 | $6,915 | $9,187 |
Total Monthly Payment | $7,093 | $7,876 | $10,148 |
* 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.