Dream Duplex in prime Williamsburg! This beautiful penthouse home occupying 2 spacious stories at 117 Kingsland Ave is a rare gem with generous well-designed interiors and 3 wonderful private outdoor spaces that total over 700 sq ft. The 2 bedroom 2 full bath apartment’s crown jewel is its amazing roof deck that spans 31x19 ft offering views to the east, north and south, and lots of space for lounging and dining alfresco. The main/lower level is perfect for entertaining, with a large sunny southwest corner living-dining room accessing a lovely balcony for enjoying a coffee or cocktail. The adjoining open kitchen featuring ample cabinetry, granite counters, a breakfast bar with seating, and stainless steel appliances affords easy serving. Also on this floor is a quiet and spacious bedroom, a full bath with tub and separate shower, and a brand new washer-dryer. A sleek staircase rises to the upper level where you’ll find the serene king-size primary bedroom with its own contemporary shower bath, southwest-facing terrace with city views, and expansive roof deck that’s a rare amenity in NYC. Built in 2007, 117 Kingsland Ave is a boutique 10-unit boutique condominium nestled on the border of vibrant Williamsburg and Greenpoint. The walk up building has a tax abatement in place until 2025, and some of the lowest monthlies in the area in addition to a common rooftop deck with sweeping city views and free bike storage for residents. Pets are allowed, and subletting is immediately permitted upon purchase. The excellent location is very close to great local shops and restaurants, McCarren and McGolrick Parks, and the L and G subway lines.
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Our Executive Mortgage Banker:
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$1,095,000
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 | $876,000 | $876,000 | $876,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $388 | $388 | $388 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,182 | $5,537 | $7,511 |
Total Monthly Payment | $5,695 | $6,050 | $8,024 |
* 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.