Welcome to 5J at The Esquire, featuring majestic proportions and authentic details. With impressive 18ft ceilings and massive windows facing West and North flanking the walls of the great room, this corner unit brings the Williamsburg waterfront & the Manhattan skyline to your doorstep. Complete with a Juliet balcony and sunset views over the East River and Domino Park, this loft is one of the most spectacular and unique spaces on the market. Exposed brick and cast concrete ceilings speak to the building’s industrial history, while pristine Brazilian hardwood cherry floors lend warmth and depth to the space. The large, newly renovated open kitchen leads into the great room, and is complete with brand new stainless steel Bosch appliances, Zimbabwe black granite countertops, and plenty of storage space. Tucked behind the open kitchen, one finds a giant pantry with a stacked washer/dryer. Bathed in western and northern light, this ~2, 000 square foot duplex loft offers complete flexibility in terms of layout. Currently configured as a 1 bedroom, this loft can be transformed into a 2 bedroom or 3 bedroom home. With a full bathroom on each level, the upper level is a natural primary suite, with 2 closets. An easy extension to the second floor space may be added for additional bedrooms. Dual-zone central air conditioning completes the offering. The Esquire Building, one of the only remaining original loft buildings in Williamsburg, is a former shoe polish factory that was converted to condos in 2002. Each loft space in the building is unique, offering owners low monthly carrying charges, a rooftop terrace, geothermal climate system, small gardening plots, a composting center, pet washing room, video intercom entry, and the convenience of a live-in superintendent. The building is located just a block from Domino Park and is just moments away from the best restaurants, bars, and shopping in Williamsburg.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,400,000
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 | $2,720,000 | $2,720,000 | $2,720,000 |
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 | $1,657 | $1,657 | $1,657 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,444 | $16,969 | $22,770 |
Total Monthly Payment | $17,226 | $18,751 | $24,552 |
* 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.