|
|
|
|
|
|
|
|
|
Artists Rendering |
 |
|
|
|
 |
|
145 Utica Avenue
Brooklyn, NY 11213
(Click
to view 3D Virtual Tour)
Quicktime Player is required to view tour. |
|
|
Luxurious Studios
$179,000 |
|
Luxurious 1 Bedrooms
$237,000 |
|
|
Would you like more information on these 1 of a kind Affordable Condos?
|
|
| |
Building Information
Spectacular 1 Bedroom and Studio Condo building on beautiful block
in Crown Heights, Brooklyn. Each unit features Granite Countertops,
Stainless Steel Appliances, Cherry Cabinets, Hardwood Floors,
Recessed Lighting, Internet/Data/Phone Jacks pre-wired, Sprinklers
Installed, Video Intercoms and more. Cheaper than renting!
Neighborhood Information
1/2 block from 77th Police Precinct. Next door to brand new
laundromat with parking lot. 2 blocks from P.S. 335 Elementary
School. 1.5 blocks from Middle School 394. 4 Blocks from Boys &
Girls High School. 4.5 blocks from P.S. 191 Elementary School. 1
mile from Kings County Hospital Center.
Transit Information
15 minutes to Manhattan. 5 blocks from 3, 4, A & C Trains. BK 46 Bus
stops on same block. 5 blocks from Eastern Parkway. |
|
|
|
| |
Zinfandel Condominium
Offering
| Unit # |
Sq Feet |
Type |
Price |
Maintenance |
Taxes |
Status |
| 2A |
410 |
Studio |
$179,000 |
$134 |
$66 |
Just Listed |
| 2B |
543 |
1 Bedroom |
$237,000 |
$178 |
$88 |
Just Listed |
| 3A |
410 |
Studio |
$179,000 |
$134 |
$66 |
Just Listed |
| 3B |
543 |
1 Bedroom |
$237,000 |
$178 |
$88 |
Just Listed |
| 4A |
410 |
Studio |
$179,000 |
$134 |
$66 |
Just Listed |
| 4B |
543 |
1 Bedroom |
$237,000 |
$178 |
$88 |
Just Listed |
| Comm |
1663 |
Storefront & Cellar |
$365,000 |
$178 |
$88 |
Just Listed |
|
|
| |
Open House Schedule
| Day |
Time |
| None Scheduled |
Call us for an appointment anytime! |
| 888.633.4778 |
888.ME.FIRST |
Brokers Protected and Welcomed
|
|
| |
Want more information?
Would you like to schedule a personalized showing?
|
|
| |
Rent vs. Own
Comparison
|
1
Bedroom Rental vs. 1 Bedroom Condo |
|
Rent |
Own |
$1200 -$1400 per month for 500 square foot apartment in
Brooklyn w/ granite, hardwood, cherry cabinets + other cool
features that Zinfandel Condominium offers (click to
craigslist to see if you can find one).
Tax Deduction: $0
Appreciation: $0
Pride of Ownership: N/A |
Mortgage Payment: $1293*
Common Charges: $178
Taxes: $88*
Monthly Out of Pocket: $1559* Deductible |
Federal Tax Bracket: 25%
State Tax Bracket: 6.85%
City Tax Bracket: 3.65%
Total Tax Bracket: 35.5%Yearly Tax Savings: $5883
Monthly Tax Savings: $490 |
| Monthly Cost of Renting: $1200 (at least) |
Net Monthly Cost of Ownership: $1060 |
| Assumptions: First you will have to find an
apartment. Zinfandel Condominium is not for rent. You will have to post 1 or 2 months
security plus your first month's rent plus a broker's fee. Then you get to sit back
while your greedy landlord gets all the benefit of tax deductions.
The only thing that appreciates when you are a renter is your
rent. In 2006 rent guidelines allowed increases between 2.25% and
5.5% of total rent per year. |
Assumptions: Purchase Price of $237,000
plus 6% sellers concession to help cover your closing costs. 5% Down
Payment ($12,561). Mortgage amount of $238,659 @ 6.5% 30 year fixed,
10 year interest only period. 2007 Federal Tax Bracket of 25%
includes single taxpayers earning between 31,850 and 77,100 and
married taxpayers earning between 63,700 and 128,500. Consult your tax advisor and
mortgage professional to verify these assumptions. |
|
MONTHLY SAVINGS BY OWNING A 1 BEDROOM CONDO
AT ZINFANDEL CONDOMINIUM: $140 |
|
|
|
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM
SPONSOR. FILE NO. CD-07-0639. Project: Zinfandel Condominium, 145 Utica Avenue, Brooklyn,
New York. Sponsor: Uticarm, LLC, 1888 Eastchester Road, Bronx, New York
10461. |
|