Welcome to 218 North 5th, a one of a kind property situated in the heart of Williamsburg’s Northside. Spanning nearly 5, 000 square feet and positioned on a 24’ x 75’ corner lot, this single family residence was built from the ground up and completed in 2013. Homes of this scale and specification are rare in North Brooklyn and even more unusual in such a prime location within Williamsburg. Offered on the open market for the first time, 218 North 5th is a trophy asset for those in pursuit of superior townhouse living. Defining features of this immaculate residence include: - Four levels of living plus cellar and rooftop - Dual curb cuts with two garages creating space for 3-4 cars + powder room in the garage - 4 bedrooms, 4 outdoor spaces totaling 1, 530 sq. ft. - Ceiling heights up to 11’6 - Full floor primary suite w/ Manhattan views - Wood burning fireplace, polished concrete & white oak flooring - State of the art mechanicals, systems & utilities - Incredible lower level with nearly 9 ft. ceilings ideal for a home gym, large format office + storage 218 North 5th offers unprecedented single family living on a massive corner lot. Every level is filled with tons of natural light, understated finishes, the highest level of craftsmanship and a super thoughtful floor plan. Come see this amazing property for yourself.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,800,000 | $5,800,000 | $5,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,272 | $1,272 | $1,272 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $32,932 | $36,184 | $48,553 |
Total Monthly Payment | $34,329 | $37,581 | $49,950 |
* 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.