Brooklyn (Williamsburg), NY, 11211 | $1,056,000

Sleek and stunning 557 sq ft, one bedroom one bathroom apartment with a private outdoor balcony 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 floorplan for entertaining, floor-to-ceiling windows, and refined modern finishes throughout. Gorgeous European white oak flooring and chic color tones further enrich the airy ambiance and add warmth and elegance. 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 with loved ones or guests 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 with a soothing soaking tub. Upscale bathrooms are well-appointed with porcelain tile flooring and top-quality finishes. Topping the allure of this special home is an LG washer and dryer for laundry ease, ample closet space for storage, a telephone intercom system, and hardwired “Brilliant: Single Switch” system enabling video and connectivity to the concierge and exterior entrance. 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.

Features

  • Town: Brooklyn
  • Cooling: Central Air
  • Levels: 7
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: 0.000000x0.000000
  • Laundry: See Remarks
  • Year Built: 2023
  • Common Charge: $813 Monthly
  • Approx Sq. Feet: 557
  • Est. Taxes: $10,836
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • MLS#: COMP-166698091629193
  • Days on Market: 420 days
  • Website: https://www.raveis.com
    /prop/COMP-166698091629193/171n1ststreet_brooklyn_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass   Phone: (212) 913-9058

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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
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Brooklyn (Williamsburg), NY, 11211

$1,056,000

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 $844,800 $844,800 $844,800
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment $903 $903 $903
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $4,731 $5,202 $7,015
Total Monthly Payment $5,759 $6,230 $8,043

* 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.