Brooklyn (Williamsburg), NY, 11237 | $859,999

Assumable 2. 5% Mortgage:

With a low interest assumable mortgage, your monthly payment is net $3, 600/mo after tax deductions, cheaper than the cost to rent! This is not an excellent place to call home but a unique investment opportunity with positive cash flow you can not find another Brooklyn condo with these metrics.

About:

This beautifully crafted and designed 1 bedroom in East Williamsburg is a rare gem. Designed with an urban escape in mind, this residence has modern amenities and views while still being located in one of the newest cultural hubs defining New York City.

The Unit:

With high ceilings, central air, luxury finishes, European white oak flooring, and an abundance of natural light, this home will transport you out of the hustle of New York City into your own oasis. The thoughtfully designed white kitchen boasts ample storage space, complimented by Bertazzoni appliances and quartz countertops. A queen-sized bedroom features a large closet along with a skyline view. Directly off the bedroom is your in-unit washer and dryer as well as a tranquil bathroom complete with a oak vanity, oversized subway tiles and dark bronze fixtures.

Building:

The building also has a fully furnished rooftop with breathtaking city views, wet bar and grill perfect for hosting friends, family, or just taking a moment for oneself. The building also features a bike room and stroller room, package vestibule, storage space and virtual doorman.

The Neighborhood:

East Williamsburg is a vibrant neighborhood known for its thriving arts scene, renowned eateries/bars/music venues, and diverse community. Some of our favorite restaurants and venues include Ichiran, Robertas, Winson, Elsewhere, Brooklyn Mirage, House of Yes among many more. For commuters, this home is a short 3 minute walk to the Morgan Ave L station, which can get you to Manhattan in 20 minutes, and even closer to the B60 Bus, and CitiBikes.





Features

  • Town: Brooklyn
  • Heating: None
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Building None,None
  • Year Built: 2022
  • Common Charge: $596 Monthly
  • Approx Sq. Feet: 626
  • Est. Taxes: $7,620
  • Pet Policy: Building Yes,Yes
  • MLS#: RLMX-103637
  • Days on Market: 56 days
  • Website: https://www.raveis.com
    /prop/RLMX-103637/95grattanstreet_brooklyn_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
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 CHARNEY REAL ESTATE LLC   Phone: (718) 937-1000

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

Brooklyn (Williamsburg), NY, 11237

$859,999

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 $687,999 $687,999 $687,999
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 $635 $635 $635
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,906 $4,292 $5,759
Total Monthly Payment $4,633 $5,019 $6,486

* 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.