Discover the epitome of Manhattan Beach living in this breathtaking four-bedroom, two-bathroom designer duplex penthouse wrapped in 1, 441 square feet of sprawling private terraces and spectacular views of the city, water and Coney Island tower. Tax abatement, garage parking and exceptional finishes make this a not-to-be-missed opportunity to live a luxury lifestyle in Manhattan Beach’s most sought-after neighborhood. A gracious foyer introduces 1, 900 square feet of seamless indoor-outdoor living, beginning with a dramatic great room paved in chic wide-plank hardwood flooring. Large living and dining areas flank a convenient walk-up bar and a gourmet open kitchen filled with custom cabinetry, stone countertops and a fleet of stainless steel appliances. Walls of windows on the southern and western exposures flood the space with natural light, while two long terraces set the stage for al fresco dining and lounging overlooking the sparkling bay and dazzling sunsets. Head to the king-size owner’s suite to discover direct terrace access, handsome built-ins and a huge custom walk-in closet. The primary bathroom beckons with a wide double vanity and oversized glass rain shower surrounded by gleaming tile. Two more spacious and bright bedrooms boast excellent closet space, and one opens to the west-facing terrace. A beautifully appointed guest bathroom, additional storage space and an in-unit LG washer-dryer complete the well-planned main level. Ascend the floating staircase to enjoy cozy gatherings in the beautiful penthouse lounge that could easily serve as a fourth bedroom. Outside, another terrace leads to a 108-square-foot shed perfect for storing garden equipment, toys and lounge chairs. Further on, the 712-square-foot deck and covered seating area invite you to experience truly unmatched outdoor living. Central HVAC, solid 8-foot-tall doors and upgraded sound insulation add to this unrivaled Brooklyn sanctuary’s serene and secluded ambiance. This home comes with a garage parking spot. Built in 2016, The Wave is a spectacular contemporary condominium setting a new standard for style and sophistication in Manhattan Beach. Residents of the pet-friendly building enjoy an undulating glass façade, luxurious lobby, state-of-the-art fitness center and steam room, a meeting room with a kitchenette, laundry, secure garage parking and two glorious rooftop lounges with panoramic views of the ocean, bay and iconic Manhattan skyline. Low monthly maintenance; Manhattan Beach neighborhood is surrounded by the Sheepshead Bay waterfront and the Coney Island Channel. Just blocks away, enjoy glorious Manhattan Beach Park’s beach and boardwalk, sports courts and fields, dog park and outdoor amphitheater. Kingsborough Community College, Brighton Beach and Coney Island attractions are also within easy reach. The Shore Parkway, excellent local bus service, and B and Q trains at the Sheepshead Bay station put the rest of the city within easy reach.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,825,000
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 | $1,460,000 | $1,460,000 | $1,460,000 |
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 | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $461 | $461 | $461 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,176 | $8,989 | $12,124 |
Total Monthly Payment | $8,762 | $9,575 | $12,710 |
* 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.