IMMEDIATE OCCUPANCY. Sleek and stunning 1, 162 sq ft, 1 bedroom 1. 5 bathroom duplex with private outdoor space at the brand new luxury building, 171 North 1st Street in prime Williamsburg! This impeccably-designed home in a boutique building is light, bright, and beautiful, featuring an open floor plan for entertaining, floor-to-ceiling windows, European white oak flooring and refined modern finishes throughout including LG washer and dryer. The gracious living/dining room is adjoined by a high-end open kitchen styled for the chef with quality cabinetry, Valor White quartz countertops and backsplash, and a suite of premium appliances by Bosch. A glass door off the living area leads out to a large balcony where you can enjoy a coffee or cocktail while taking in the views. Generous bedrooms are highlighted by the tranquil primary suite complete with an outfitted walk-in closet and spa-like bath. Upscale bathrooms are well-appointed with porcelain tile flooring and top-quality finishes. 171 North 1st Street is a brand new collection of 57 unique homes spanning 7 stories, ideally located between Bedford and Driggs Avenues. The amenity-rich building offers something for everyone, including a fitness center with a yoga studio and mirror fitness screens, zen garden, resident’s lounge, children’s playroom, pet spa, garage with semi-automated parking, common laundry facility, plus bike storage, a package room with cold storage for grocery deliveries, and storage lockers. There’s also a serene rooftop with grills and NYC skyline/Brooklyn Bridge views, and private cabanas available for rent. The address is exceptional, in the dynamic north side of Williamsburg, just one block from the Bedford Avenue shopping corridor offering Whole Foods, Equinox Fitness, Sweetgreen, Sephora, the Apple Store, and other attractions. Also nearby are great restaurants, shops, parks, and other conveniences. Plus you’re close to the L train and ferry. Known for its contemporary art scene and vibrant nightlife, this sought-after neighborhood is only a half mile from the East River and a 10-minute subway ride to Manhattan! The complete offering terms are in an offering plan available from Sponsor. File no. CD22-0139. All images are artists’ renderings. They are provided for illustration purposes only. Not all items depicted in artist renderings are included in Unit purchase. Prospective purchasers should not rely upon these depictions and are advised to review the complete terms of the offering plan for further detail as to the type, quality, and quantity of materials, appliances, equipment, and fixtures to be included in the units, amenity areas and common areas of the condominium.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,656,000 | $1,656,000 | $1,656,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $2,000 | $2,000 | $2,000 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,273 | $10,062 | $13,641 |
Total Monthly Payment | $11,398 | $12,187 | $15,766 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.