Introducing this brand new Bushwick condominium suffused with natural light, a chic 1-bedroom, 1-bathroom home graced with statement finishes that exude luxury and style. Features of this 467 sq. ft. apartment include polished concrete floors, floor-to-ceiling windows, an in-unit washer/dryer, and a private balcony perfect for urban gardening and enjoying morning and evening beverages. The home opens into a sun-splashed living, dining, and kitchen space. The living room leads out onto the balcony, while the kitchen is equipped with polished Caesarstone countertops, a matching backsplash, a built-in exhaust hood with custom paneling, an antique copper faucet from Brienza, and high-end stainless steel appliances from Fisher & Paykel and Blomberg. The bedroom has a huge closet, and the bathroom is adorned with Calacatta marble floors, a custom vanity with a vessel sink, and an elegant copper tile accent wall. The Melrose is boutique condominium made up of a trio of contiguous buildings with imported Greek Aluminco facades. Residents of The Melrose enjoy an open rooftop terrace with lovely neighborhood views. Located at the nexus of Bushwick and Bed-Stuy, The Melrose is just moments from a variety of restaurants, bars, cafes, and shops and around the corner from the M/J/Z subway lines.
Property Details
Property Features
Property Information:
Year Built: 2021
Living Area: 467 SqFt
Listing Office:
Office Name: Serhant LLC
Office Phone: (646) 480-7665
Listing Agent: Jason Baker
Agent Phone: (850) 321-2288
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 1
Exterior Features
Exterior Information:
View: City
Exterior: Building Roof Deck
Utilities
Utilities Information:
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $600,399
Price Per SqFt: $1,286/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.
This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 4/17/2024, 2:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,064
Per Month
Principal & Interest
$2,997
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,867
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
PS 120 Carlos Tapia
18 Beaver St
Distance between this listing and this school0.23 miles
Public District Grades PK-5
9
/10
Bedford Stuyvesant New Beginnings Charter School
82 Lewis Ave
Distance between this listing and this school0.25 miles
Public Charter Grades KG-6
4
/10
PS 145 Andrew Jackson
100 Noll St
Distance between this listing and this school0.29 miles
Public District Grades PK-5
Nearby Schools
3
/10
Madiba Preparatory Middle School
1010 Lafayette Ave
Distance between this listing and this school0.45 miles
Public District Grades 6-7
4
/10
Intermediate School 347 School of Humanities
35 Starr St
Distance between this listing and this school0.45 miles
Public District Grades 6-8
6
/10
Intermediate School 349 Math, Science and Technology
35 Starr St
Distance between this listing and this school0.45 miles
Public District Grades 6-8
Nearby Schools
3
/10
Ebc High School For Public Service-Bushwick
1155 Dekalb Ave
Distance between this listing and this school0.38 miles
Public District Grades 9-12
3
/10
Williamsburg Charter High School
198 Varet St
Distance between this listing and this school0.39 miles
Public Charter Grades 9-12
2
/10
Bushwick Leaders High School For Academic Excellence
797 Bushwick Ave
Distance between this listing and this school0.44 miles
The neighbors living near this home have an average income of $41,290. Typical income of New York, NY residents is less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16-20 Melrose St Unit 18-3F
What is the listing price of this property?
The listing price of 16-20 Melrose St Unit 18-3F property is $600,399.
What type of property is this?
The property 16-20 Melrose St Unit 18-3F is a condo located in New York City, New York, 11206.
Is this property for sale now?
Sale Pending: 16-20 Melrose St Unit 18-3F is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
How many bedrooms and bathrooms does this property have?
The property at 16-20 Melrose St Unit 18-3F has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 16-20 Melrose St Unit 18-3F is 467 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 16-20 Melrose St Unit 18-3F is 2021.
This home is located at 16-20 Melrose St Unit 18-3F in New York City, NY and zip code 11206 in the Bushwick neighborhood. This 467 square foot home was built in 2021. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 26, 2022 and is currently priced at $600,399.
New York, NY housing market in March 2024 saw over 154 listings sold above listed price, more than 645 sold at listed price and over 748 sold below. The number of listings in New York, NY increased by 3.7% between February 2024 and March 2024. Listings spent 96 days on the market in March 2024, and had a median list price of $845,489 during the same period.
From Rocket Homes Real Estate and based on county public records data.