OPEN HOUSE BY APPOINTMENT ONLYSpacious 2 bedroom, 2 baths in a full-service luxury Condo building with a 421-A tax abatement. This gorgeous unique unit on a high floor has spectacular views of Fort Greene and upper Manhattan, not to mention beautiful sunrises. Apartment features a large living room, contemporary granite/stainless steel open kitchen good for entertaining, large rooms and good closet space. There is a full-size stackable washer/dryer, high speed internet, hardwood floors, wall-to-wall over-sized windows throughout, and plenty of sun!Nestled at the edge of the historic brownstone Fort Greene, at the north end of the expanding Bam Cultural Center, and just a breath away from the beautiful Fort Greene Park, the Forte features a 24-hour doorman, concierge service, live-in super, complimentary (recently renovated) gym, and manicured courtyard. It is in an exceptionally well-maintained full service luxury building that has a 421-A tax abatement expiring in 2023. With only four residences per floor, you will have the feeling of privacy. Best of all is the furnished roof terrace with community herb garden and breathtaking 360 panoramic views that will let you experience amazing sunrises and sunsets, Fourth of July fireworks, and the Manhattan skyline. The apartment is a commuters dream, including nearby Atlantic Terminal (home to 11 subway lines, the Long Island Railroad, a new suburban style shopping mall). Also nearby is Mark Morris Dance Studio, the Barclay Center, new Apple Store and Whole Foods. The Brooklyn Academy of Music Cultural Center located practically at your doorstep is one of the most innovative centers for the arts, and many new restaurants are opening nearby. Also across the street is the Gotham Food Market, and just blocks away is the recently opened City Point shopping, dining and entertainment center (including Alamo Drafthouse, a movie theater, Trader Joes and expansive food hall). In short, this is the new Brooklyn at its best: historic and vibrant; earnest and hip; proud and visionary; diverse and inclusive. This property makes for the perfect investment property, pied-a-terre, or a place to call home.
Fort Greene, a tree-lined neighborhood in the borough of Brooklyn, is located directly across from Lower Manhattan and is situated just north of Prospect Park. Fort Greene is charming, thanks in part to its tranquil, brownstone-studded streets, while also maintaining a youthful demeanor. Home to many cafes, trendy boutiques, and famous performance centers like The Brooklyn Academy of Music, Fort Greene is a cultural hotspot for writers, musicians, and city dwellers looking for a pace that’s a bit more laid back.
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