Brooklyn (Williamsburg), NY, 11211 | $1,295,000
Williamsburg's Hidden Treasure. Lofty 1 Bed Condo with 12ft Ceilings + Open City Views + 214sf Terrace + Low Carrying Costs + Private Parking Space and Private Storage Room This 1 bedroom, 1 bathroom apartment features soaring 12 foot ceilings, a separate home office area, floor to ceiling windows that flood the apartment in natural light, and a gorgeous private terrace that offers incredible panoramic views of Williamsburg and the Manhattan skyline. The kitchen features custom Italian Scavolini cabinets, a Bertazzoni Stove, a stackable Bosch washer/dryer and other top of the line appliances. The bathroom has a gorgeous black marble vanity and matching marble backsplash that runs floor to ceiling. *Bonus Incentive* Included with the sale of this home is ownership of a private, 100 square foot, walk-in storage room, located within the building. Also included is a coveted private parking space, located within the building. Element 88 has a virtual doorman, dedicated package and delivery room, a roof deck, large fitness center, and an entire 2nd floor outdoor common space that has lounge chairs, a wet bar and commercial grill, and a children play area. Located in the center of Williamsburg, you are surrounded by tons of bars, restaurants, cafes, and shops. You are also just minutes away from the L and G trains. Note: The current monthly taxes reflect a $2, 210 dollar annual deduction for STAR. Buyer to confirm if they qualify for STAR.
Features
- Town: Brooklyn
- Cooling: Central Air
- Levels: 8
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Lot Size: 125.000000x100.000000
- Laundry: Common Area,In Unit
- Year Built: 2018
- Common Charge: $535 Monthly
- Approx Sq. Feet: 660
- Est. Taxes: $10,416
- Pet Policy: Building Yes,Cats OK,Dogs OK
- Appliances: Dishwasher,Range,Refrigerator
- MLS#: COMP-162691567638145
- Days on Market: 123 days
- Website: https://www.raveis.com
/prop/COMP-162691567638145/88withersstreet_brooklyn_ny?source=qrflyer
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
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
Brooklyn (Williamsburg), NY, 11211
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
| 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 | $868 | $868 | $868 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,882 | $6,463 | $8,673 |
| Total Monthly Payment | $6,875 | $7,456 | $9,666 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535