Brooklyn (Williamsburg), NY, 11249 | $2,450,000

**SHOWINGS AVAILABLE DAILY BY APPOINTMENT–INQUIRE NOW!** This property benefits from a 421-A tax abatement in place until 2032, with current monthly taxes at approximately $10. 00. Currently configured as a 2 bedroom layout, it can EASILY be converted into a 3 bedroom, 2. 5 bathroom home (see alternate floor plan). Step into this spectacular 1, 780 SF high-floor corner apartment, where every detail has been designed to elevate your living experience. With floor-to-ceiling windows that frame stunning panoramic views of the East River, Midtown Manhattan skyline, and Brooklyn, natural light pours into every room, creating a bright and inviting atmosphere. The expansive 34 ft x 20 ft living and dining area offers an abundance of space, perfect for entertaining or relaxing in style. The open layout is flexible enough to accommodate a third bedroom with a half bath, while still leaving plenty of room for your dream living and dining setup. High ceilings and hardwood flooring add a touch of modern elegance to the space. A chef’s kitchen with polished granite countertops and premium stainless steel appliances—such as a GE Profile oven, LG refrigerator, and wine fridge—makes this home as functional as it is beautiful. Wake up to East River views from your oversized master suite, which includes a luxurious walk-in closet and a spa-like en suite bathroom with a deep soaking tub, separate shower, and marble finishes. Additional features include an in-unit laundry room with a Miele washer/dryer, plus abundant storage with three large hallway closets. With a coveted 421-A tax abatement through 2032, this home offers both luxury and long-term financial benefits. Beyond your door, Schaefer Landing offers top-tier amenities, including a 24-hour concierge, full-time doormen, a state-of-the-art gym, and a beautifully landscaped rooftop terrace with BBQ grills and cabanas for ultimate relaxation. A gated circular driveway provides residents with both security and privacy upon arrival. Enjoy a leisurely walk through the courtyard’s rose garden or along the waterfront boardwalk, where the East River Ferry conveniently transports residents to work or some of New York City’s most sought-after neighborhoods. Destinations include the scenic Dumbo and Brooklyn Heights parks, North Williamsburg’s Smorgasburg, Greenpoint, Long Island City, 34th Street, and South Street Seaport in Manhattan. In addition to being just steps from the ferry, the building is only 10 minutes from the J, M, and Z subway lines, putting the best of Williamsburg and all of New York City at your doorstep. Enjoy the vibrant dining scene, trendy boutiques, and the stunning Domino Park just moments away.

Features

  • Town: Brooklyn
  • Cooling: Central Air
  • Levels: 24
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 91.460000x200.660000
  • Laundry: Building Washer Dryer Install Allowed,In Unit
  • Year Built: 2003
  • Common Charge: $2,280 Monthly
  • Approx Sq. Feet: 1,780
  • Est. Taxes: $120
  • View: River
  • Pet Policy: Building No,Cats OK,Dogs OK
  • Appliances: Dishwasher,Range,Refrigerator,Stainless Steel Appliance(s),Wine Cooler
  • MLS#: COMP-167995946249335
  • Days on Market: 43 days
  • Website: https://www.raveis.com
    /prop/COMP-167995946249335/440kentavenue_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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860.690.5052

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Our Insurance Division:

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Brooklyn (Williamsburg), NY, 11249

$2,450,000

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 $1,960,000 $1,960,000 $1,960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $10 $10 $10
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,283 $12,389 $16,540
Total Monthly Payment $11,418 $12,524 $16,675

* 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.