1 City Pt, #48B, Brooklyn, NY, 11201 | $2,236,125

FIVE YEARS FOR FREE!Sponsor will pay 5 years of common charges and real estate taxes for new contracts on 2-bedrooms and 3-bedrooms before June 30th. THE SMARTEST BUY IN BROOKLYN. BROOKLYN POINT OFFERS ONE OF THE LAST 25-YEAR TAX ABATEMENTS AVAILABLE IN NEW YORK CITY. ESTIMATED ANNUAL SAVINGS FOR RESIDENCE 48B: $20, 480. CLOSINGS HAVE COMMENCED AND ONSITE MODEL RESIDENCES ARE OPEN. A pristine residence nestled in the prestigious Brooklyn Point development, this stunning 2-bedroom, 2-bathroom home is a portrait of contemporary Brooklyn living. Features of this 1, 056 sq. ft. home include beautiful wide plank stained oak floors, floor-to-ceiling windows with northern exposure and panoramic views of Manhattan, an in-home washer/dryer, and a harmonious light wood color palette with satin copper fixtures and finishes designed to accentuate space and natural light. A welcoming foyer adorned with a coat closet and full bathroom flows into a spacious open-concept living room, dining room, and kitchen saturated with natural light. The kitchen is equipped with an eat-in island, sleek white quartz countertops, custom oak millwork, a built-in Sub-Zero wine refrigerator, and a fully-integrated appliances from Miele including a 4-burner has range, 30" refrigerator, oven, and speed oven. The primary bedroom has a walk-in closet and an immaculate en-suite bathroom with a custom floating oak vanity, imported stone surfaces, custom Waterworks fixtures, a walk-in rain shower, and radiant heated floors. The second bedroom has its own closet space and easy access to the home's second full bathroom. Located in the trendy Downtown Brooklyn neighborhood, Brooklyn Point is a transformative residential development offering residents a one-of-a-kind living experience. It is the only for-sale residential building at the popular retail, dining, and entertainment center, City Point. And it has one of the most comprehensive amenities packages in the entire city with 40, 000 sq. ft. of private indoor and outdoor facilities including the highest residential infinity pool in the Western Hemisphere. It is close to Cadman Plaza, Commodore Barry, and Fort Greene Parks, Brooklyn Academy of Music, Barclays Center, and several unique Brooklyn neighborhoods that include Brooklyn Heights, DUMBO, Fort Greene, Cobble Hill, and Boerum Hill. It is just one stop from Manhattan and has easy access to 11 subway lines. Building Services & Amenities Include: 24- Hour Attended LobbyConciergeDoormanDry Cleaning ValetStroller ValetPackage roomCold storagePet SpaBicycle StorageStorage BinsPark Lounge & BarLandscaped TerraceFirepitPutting GreenGrillsChildren's indoor playroomChildren's Outdoor playgroundScreening & Performance RoomChef's kitchenWine LibraryPrivate StudyGame roomFitness CenterPilates StudioRock ClimbingCycling StudioYoga StudioIndoor Swimming PoolSteam RoomInfrared SaunaHot TubSquash/Basketball CourtRooftop Infinity PoolManaged by Extell Management Services. Photos represent building finishes. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABILY FORM SPONSOR FILE NO. CD16-0008.

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Style: Apartment
  • Year Built: 2019
  • Heating: Other, See Remarks
  • Cooling: None
  • Basement: See Remarks
  • Approx Sq. Feet: 1,056
  • HOA Fee: $1,338 Monthly
  • View: Skyline
  • School District: New York
  • MLS#: H6315430
  • Days on Market: 139 days
  • Website: https://www.raveis.com
    /eprop/H6315430/1citypt_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Serhant LLC   Phone: 646-4807665

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1 City Pt, #48B, Brooklyn, NY, 11201

$2,236,125

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $1,788,900 $1,788,900 $1,788,900
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 N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,157 $11,160 $14,975
Total Monthly Payment $10,282 $11,285 $15,100

* 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.