Brooklyn (Williamsburg), NY, 11211 | $5,800

he residencies in this building create environments that speak to Brooklyn’s history and unique style. The structure was erected in the early 1900s, operating as a Steam Factory, and still retains many of its’ timeless characteristics. Iron pillars, exposed brick, original factory arching windows, and expansive interiors set the stage for homes that are warm, inviting, and memorable. Each loft-like interior presents high ceilings, oversized living/dining areas, and an update to kitchens and bathrooms installed just over 10 years ago. With superb management by onsite superintendents, the hallways, stairwell, unique entryway-to-lobby, and one of a kind elevators are kept in impeccable condition. Residents can enjoy a few amenities, such as a rooftop deck facing the Manhattan skyline.

Around the way those who reside in this building have access to a seemingly never ending list of outstanding eateries, boutique shops, supermarkets, banks, and nightlife options. From stunning rooftop bars at the William Vale & Williamsburg Hotels to the Smorgasburg and events at McCarren Park there are no shortage of things to get into. For commuting needs there are many options to make your way around the Boroughs or Manhattan such as the Bedford L, Lorimer L/G, Nassau G, East River Ferry, and bus stop at buildings’ foot.

Features

  • Type: Multi Family
  • Town: Brooklyn
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Units: 69
  • Lot Size: x
  • Laundry: Building Coin-Operated
  • Year Built: 1900
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 800
  • Lot Size: x
  • Pet Policy: Building Size Limit,Size Limit
  • MLS#: RSFT-00120000006279
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/RSFT-00120000006279/500driggsavenue_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 Brick & Mortar LLC   Phone: (718) 599-0869

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.

Customer Service

888.699.8876

Contact@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.

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, 11211

$5,800

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $4,640 $4,640 $4,640
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.616% 7.171% 6.518%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $31 $31 $40
Total Monthly Payment $106 $106 $115

* 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.