Presented by
Jim Wisner |
218 North 5th Street, Brooklyn (Williamsburg), NY, 11211 | $7,250,000
Welcome to 218 North 5th, a one of a kind property situated in the heart of Williamsburg’s Northside. Spanning nearly 5, 000 square feet and positioned on a 24’ x 75’ corner lot, this single family residence was built from the ground up and completed in 2013. Homes of this scale and specification are rare in North Brooklyn and even more unusual in such a prime location within Williamsburg. Offered on the open market for the first time, 218 North 5th is a trophy asset for those in pursuit of superior townhouse living. Defining features of this immaculate residence include: - Four levels of living plus cellar and rooftop - Dual curb cuts with two garages creating space for 3-4 cars + powder room in the garage - 4 bedrooms, 4 outdoor spaces totaling 1, 530 sq. ft. - Ceiling heights up to 11’6 - Full floor primary suite w/ Manhattan views - Wood burning fireplace, polished concrete & white oak flooring - State of the art mechanicals, systems & utilities - Incredible lower level with nearly 9 ft. ceilings ideal for a home gym, large format office + storage 218 North 5th offers unprecedented single family living on a massive corner lot. Every level is filled with tons of natural light, understated finishes, the highest level of craftsmanship and a super thoughtful floor plan. Come see this amazing property for yourself.
Features
- Town: Brooklyn
- Amenities: Garage;
- Rooms: 16
- Laundry: SeeRemarks
- Year Built: 2013
- Garage: Yes
- Cooling: Unknown Type
- Balcony: Yes
- Terrace : Yes
- Patio: Yes
- Building Access : Walk-up
- Service Level: None
- Built Size: 24'x75'
- OLR#: COMP1590744201340853
- Days on Market: 201 days
- Website: https://www.raveis.com
/eprop/COMP1590744201340853/218north5thstreet_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.
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Jim WisnerSales Associate
508.237.2010
Jim.Wisner@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1020051
508.740.5922
Frank.Merola@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
Allen GellermanInsurance Sales Director, William Raveis Insurance
617.686.2668
Allen.Gellerman@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
218 North 5th Street, Brooklyn (Williamsburg), NY, 11211
$7,250,000
Jim Wisner
Sales Associate
William Raveis Real Estate
Phone: 508.237.2010
Jim.Wisner@raveis.com
Frank Merola
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.740.5922
Frank.Merola@raveis.com
NMLS Mortgage Loan Originator ID 1020051
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $5,800,000 | $5,800,000 | $5,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $33,847 | $36,660 | $48,944 |
| Total Monthly Payment | $33,972 | $36,785 | $49,069 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535