Welcome to The Pearl at 1776 Broadway, a brand new condominium development nestled in the intersection between Ocean Hill, Bed Stuy, and Bushwick. Consisting of 5 one-bedrooms, a duplex garden apartment, and a two-bedroom duplex penthouse, each sun filled apartment boasts private outdoor space, and sophisticated thoughtful design. A furnished roof deck with stunning city skyline views serves as common area for the building, with deeded private storage and bike racks for your convenience located in the basement. Penthouse 4B is a 846 SQ FT sun filled 2 bedroom, 2 bath duplex apartment boasting selected white oak floors throughout, stainless steel appliances, custom cabinetry, white quartz countertop, high efficiency central heating and cooling system with nest thermostat, washer/dryer in unit, and a balcony off the living space. The second floor showcases an extra large master bedroom and en-suite featuring soaring 9.8 ft ceilings and a spacious private roof deck with unobstructed city skyline views. On any given day you will find something new to discover in the neighborhood, whether it be one of a kind iconic street art or trendy new hot spot. The Pearl has everything you need. Located less than a block from the J/Z train station at Chauncey St, owners can also access to the L & C trains just a few short minutes away. Local coffee shops, bars and restaurants can be found in every direction, with a supermarket just cross the street. *Taxes listed are subject to 421-A Tax Abatement approval. The complete offering terms are in an offering plan available from the sponsor: File No. CD18-0047 For more information go to : thepearlbk.com
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