138 Willoughby Street, #38G, Brooklyn (Downtown), NY, 11201 | $999,000

90% Sold

THE SMARTEST BUY IN BROOKLYN

BROOKLYN POINT OFFERS ONE OF THE LAST 25-YEAR TAX ABATEMENTS AVAILABLE IN NEW YORK CITY. ESTIMATED ANNUAL SAVINGS FOR RESIDENCE 38G: $10, 789.

CLOSINGS HAVE COMMENCED AND ONSITE MODEL RESIDENCES ARE OPEN.

A pristine residence nestled in the prestigious Brooklyn Point development, this 1-bathroom studio apartment is a portrait of contemporary Brooklyn living. Features of this 557 sq. ft. home include beautiful wide plank stained oak floors, floor-to-ceiling windows with southern exposure and panoramic views of Brooklyn, an in-home washer/dryer, a huge walk-in closet, and a harmonious light wood color palette with satin copper fixtures and finishes designed to accentuate space and natural light.

A tasteful foyer adorned with a coat closet leads through a gorgeous kitchen and into a luminous studio space. The studio is large enough to accommodate distinctive living, dining, and sleeping areas, while the kitchen is equipped sleek with white quartz countertops, custom oak millwork, and fully-integrated appliances from Miele including a 5-burner gas range, 36' refrigerator, oven and speed oven. The bathroom features custom Waterworks fixtures and radiant heated floors.

Located in the trendy Downtown Brooklyn neighborhood, Brooklyn Point is a transformative residential development offering residents a one-of-a-kind living experience. It is the only residential building at the popular retail, dining, and entertainment center, City Point. And it has one of the most comprehensive amenities packages in the entire city with 40, 000 sq. ft. of private indoor and outdoor facilities including the highest residential infinity pool in the Western Hemisphere. It is close to Cadman Plaza, Commodore Barry, and Fort Greene Parks, Brooklyn Academy of Music, Barclays Center, and several unique Brooklyn neighborhoods that include Brooklyn Heights, DUMBO, Fort Greene, Cobble Hill, and Boerum Hill. It is just one stop from Manhattan and has easy access to 11 subway lines.

Building Services & Amenities Include:

24- Hour Attended Lobby

Concierge

Doorman

Dry Cleaning Valet

Stroller Valet

Package room

Cold storage

Pet Spa

Bicycle Storage

Storage Bins

Park Lounge & Bar

Landscaped Terrace

Firepit

Putting Green

Grills

Children's indoor playroom

Children's Outdoor playground

Screening & Performance Room

Chef's kitchen

Wine Library

Private Study

Game room

Fitness Center

Pilates Studio

Rock Climbing

Cycling Studio

Yoga Studio

Indoor Swimming Pool

Steam Room

Infrared Sauna

Hot Tub

Squash/Basketball Court

Rooftop Infinity Pool

Managed by Extell Management Services.

Photos represent building finishes

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABILY FORM SPONSOR FILE NO. CD16-0008.

Features

  • Town: Brooklyn
  • Cooling: Unknown Type
  • Levels: 68
  • Amenities: Bike Room; Health Club; Spa Services; Fitness Room; Pool; Sauna; Steam Room; Hotel Style Service; Valet; Facility Kitchen; Nursery; Lounge; Billiards Room; Party Room; Roof Deck; Cold Storage; Private Storage; Wine Cellar; Cinema Room;
  • Rooms: 2
  • Baths: 1 full
  • Complex: Brooklyn Point
  • Year Built: 2021
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Full Service
  • Doorman: Yes
  • LobbyAttendant: FullTime
  • OLR#: RPLU1032523215503
  • Days on Market: 43 days
  • Website: https://www.raveis.com
    /prop/RPLU1032523215503/138willoughbystreet_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 Serhant LLC

William Raveis Family of Services

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Customer Service

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

138 Willoughby Street, #38G, Brooklyn (Downtown), NY, 11201

$999,000

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 $799,200 $799,200 $799,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.850% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,475 $4,921 $6,637
Total Monthly Payment $4,567 $5,013 $6,729

* 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.