Introducing Powerhouse 216: A luxurious 2-bedroom, 2-bath condo offering an expansive 1, 357 sqft of living space, complemented by an intimate 182 sq ft private terrace. This exceptional unit stands out with its impressive 11-foot-high ceilings, enhancing its spaciousness and grandeur.
Step into the large living room, perfect for gathering and entertaining, and experience the home’s thoughtful layout. The apartment features ample closet space and an additional custom-made cabinet next to the dining area, ensuring convenience and plenty of storage.
The open kitchen is equipped with high-end stainless steel appliances, including a Viking refrigerator and a Miele dishwasher.
The primary bedroom is spacious enough to accommodate a California king-size bed. It boasts a fully built-out walk-in closet and a second custom-built closet for extra storage. The ensuite bath is elegantly designed with a shower stall and double sinks, providing functionality and style.
The second bedroom, also fitted with custom closets, can easily accommodate a queen or bunk bed, maximizing the advantage of the high ceilings. The second bathroom features a soaking tub, offering a perfect place to unwind and relax.
Powerhouse, designed by world-renowned architect Karl Fisher and distinguished interior designer Andres Escobar.
Building & Amenities: The Powerhouse is a luxurious conversion condo that seamlessly combines old industrial details with modern touches, creating a unique and captivating atmosphere. The property is staffed 24/7 with a concierge, live-in resident manager, porter, and maintenance crew. Amenities include a fitness center, game room, screening room, cold storage, playroom, bike storage, business center, and package room. In addition, there is a full restroom with a shower, locker, and steam room. The common rooftop is divided into two sections: the west side offers water and city views with a sunbathing deck, lounge chairs, and outdoor furniture for residents to unwind, while the east side features BBQ grills and a dining area perfect for outdoor gatherings.
Neighborhood: Powerhouse is ideally located just one block from the iconic Gantry State Park, offering residents easy access to green spaces and breathtaking Manhattan skyline views. The surrounding area is filled with convenient amenities, including Food Cellar, Urban Market, Duane Reade, hardware stores, banks, CVS, and Urgent Care centers. The neighborhood is a culinary hotspot, with an array of charming restaurants, cafes, and Michelin-rated fine dining establishments along Vernon Blvd. and Center Blvd. , just a block and a half away. For those in need of parking, rental options are available adjacent to the building. It is also in proximity to Trader Joe’s and MoMA PS1, a contemporary art institution located in Court Square, just two subway stops away. The vibrant neighborhood continues to evolve with new and exciting restaurants, making it an increasingly dynamic place to live.
Common charge & tax under $1. 00 PPSF, Powerhouse 216 offers a luxurious and spacious home, a lifestyle enriched by exceptional amenities, and a vibrant, convenient neighborhood.
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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 | $1,356,000 | $1,356,000 | $1,356,000 |
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 | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,593 | $8,239 | $11,170 |
Total Monthly Payment | $7,718 | $8,364 | $11,295 |
* 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.