Introducing The Herkimer; 511 Herkimer is a brand new condominium development delivering eight thoughtfully crafted studios, one bedrooms & one bedroom + lofted home offices that satisfies one's taste for quality craftsmanship & attention to detail. These luxury residences sit within a sleek grey faade with double-sided Pella windows and unobstructed southern exposures. Residence #3B is a one bedroom + lofted home office residence with jaw dropping 18' ceilings and garden facing balcony. The interiors are graced with a comfortable open-living layout with impeccable finishes. Kitchens are detailed with Italian designed Scavolini cabinetry, a full Bosch appliance package, Quartz countertops & backsplash. Elegant 4'' white-oak engineered planks run through your home offering a bright & airy feel to your sun-splashed oasis. Radiant heated bathrooms are finished with a chic marble like porcelain tile providing a spa-like atmosphere. Additional features include a 15 YEAR TAX ABATEMENT, virtual intercom system, washer/dryer hook-ups, ductless Daikin split air conditioning and heating systems to add to your energy efficient home. Extra storage is also available in the basement. 511 Herkimer Street is centrally located at the epicenter of Brooklyn. Enjoy neighborhood amenities from both Bedford-Stuyvesant & Crown Heights. Surrounded by St. Andrews Playground, Brower & St. Johns Park, The Herkimer is in the heart of all community action. Notable establishments such as Brooklyn Beso, Saraghina, Peaches, Therapy & Bed-Vyne. A seamless commute into Manhattan is serviced by nearby C (Kingston-Throop), A (Utica Ave) & LIRR train lines.This is not a complete offering and all square footages are approximate. The complete offering terms are in offering plan available from the File No. CD180048
Located in the northern-central part of Brooklyn, the Bedford-Stuyvesant (affectionately abbreviated as Bed-Stuy) neighborhood borders Williamsburg, Clinton Hill, and Bushwick. Bed-Stuy is a diverse spot with no shortage of iconic Brooklyn brownstones. A favorite for families, Bed-Stuy has seen a recent influx of young professionals and artists. The neighborhood is a community unto itself; churches and community centers are deeply ingrained in Bed-Stuy’s cultural fabric, and remain an important part of its’ residents day-to-day gatherings.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more