Stunning Downtown Brooklyn Loft Duplex at 560 State Street Listed for $1.395M

By CityRealty Staff | From Great Listings Wednesday, December 28, 2016

Apartment 4C at 560 State Street in Downtown Brooklyn, currently listed for $1.395 million (images via Sotheby's International Realty)

Okay, let’s not get too excited. Yes, Jay Z once lived at 560 State Street and made the address famous in the song "Empire State of Mind" but if you're looking for an affordable stash spot, you might want to keep looking.

The 4-story, 39-unit Downtown Brooklyn building was erected in 1890 and has a stunning loft duplex apartment on the market for $1.395 million. Apartment 4C is 2-bedroom, 1.5-bathroom residence spread over 1,205 square feet of space. There’s only one word to describe walking into 4C for the first time: stunning. The home has a decidedly rustic-modern design. It has impressive 10-foot ceilings and an open-concept living area making the home seem much larger than it is. It has over-sized windows in the living areas allowing abundant natural light to flow through the loft. There are hardwood floors throughout, an in-unit Bosch washer and dryer, central air, heat, and large closets.

560 State Street, Downtown Brooklyn, Times Plaza Condo

Interior of Apartment 4C at 560 State Street in Downtown Brooklyn

The open-concept kitchen makes a bold statement. It features - brace yourself - bright red lacquered cabinets. While that style might not appeal to some, stainless steel appliances, granite counters and a center island with breakfast bar have a more traditional aesthetic. There is a skylight in the open stairway leading to the second floor where there are two bedrooms and a full bath. Each bedroom is large enough for any bed size, and the closets are generous in space. The modern bathroom features the always stately white subway tile.

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Interior of Apartment 4C at 560 State Street in Downtown Brooklyn

Apartment 4C was last sold in May 2008 for $672,045. The current price tag of $1.395 million averages to $1,158 per square foot. The monthly common charges are $550 and monthly taxes are $575. The estimated monthly mortgage based on a down payment of $279,000 is $6,947. View the listing HERE to see more pricing information and comparisons.

The pet-friendly 560 State Street in Downtown Brooklyn is at the center of three well-regarded, hip, literary, and young neighborhoods: Boerum Hill, Fort Greene and Park Slope. Getting anywhere in the borough is a commuter’s dream. Near the apartment is the Atlantic Terminal, which has 11 subway lines, LIRR, and a plethora of buses. No need to travel too far for amusement as the Barclays Center, Brooklyn Academy of Music, BAM Cultural District, Fort Greene Park, and Atlantic Center Mall are just steps from you door.