Sponsor sale! Generously proportioned luxurious one bedroom with large balcony in the heart of Williamsburg just a few blocks from McCarren park. This rear facing home overlooks a quiet garden below. Just one block from the Metropolitan Ave G/L and 5 minutes from McCarren park, 476 Union is perfectly situated. Designed from the ground up by the award-winning Meshberg Group, this home blends beautiful mid-century inspired interiors with a striking brick and glass facade. Kitchens and baths feature hand-made custom walnut cabinetry and Carrara marble backsplash and countertops. Designed for comfort and efficiency, the kitchen features include Bertazzoni Pro Series oven and cooktop, Liebherr paneled fridge, Bosch paneled dishwasher, Hansgrohe hardware, and under cabinet lighting. The spacious bathrooms have oversized limestone floor tile, marble wall tiles, marble vanity counters, glass-enclosed showers and custom walnut illuminated medicine cabinets. Super low taxes even without an abatement! This combined with low common charges make this a savvy investment. Just two sponsor homes remain. The complete terms are in an offering plan available from Sponsor- File No. CD15-0167.
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William Raveis Real Estate
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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 | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.125% | 6.000% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.951% | 6.108% | 5.805% |
Monthly Tax Payment | $185 | $185 | $185 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,138 | $4,557 | $6,260 |
Total Monthly Payment | $4,415 | $4,834 | $6,537 |
* 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.