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Welcome to Unit 503 at The Oosten, a thoughtfully designed two-bedroom, two-bathroom apartment featuring a generous layout that maximizes comfort and efficiency. The large living room, bathed in eastern sunlight, provides an inviting space to relax with friends and family. The well-proportioned primary bedroom boasts a massive dressing room and an ensuite bathroom. The desirable split layout places the second bedroom on the opposite side of the living space, offering excellent closet space and easy access to the guest bath. The apartment exudes luxury with elegant white oak flooring and custom millwork, providing a sense of sophistication and warmth. The kitchen is a standout feature, boasting Carrara marble countertops, custom cabinetry, and high-end Smeg appliances, combining beauty with functionality. Unit 503 also includes a washer and dryer, along with central AC and heating, ensuring comfort throughout all seasons. This 1064 +/- sq ft unit is more than a living space; it’s an embodiment of sophisticated urban living in the heart of South Williamsburg. About the Amenities: The Oosten elevates luxury living with its extensive array of amenities. A 24/7 doorman ensures security and a welcoming entrance. At its heart is a beautifully landscaped courtyard, offering tranquility in the bustling city. The state-of-the-art fitness center, complete with a spa, and the versatile lounge area cater to wellness and social interactions. The children’s playroom, hosting free weekly classes, and the indoor pool with retractable doors add to the community’s vibrancy. The rooftop deck, with BBQs, cabanas, lounge chairs, and a reflection pool, provides a luxurious urban retreat. About the Oosten building: “Enjoy a 421-A Tax Abatement until 2032”. Nestled on South Williamsburg’s waterfront, The Oosten, designed by Piet Boon, stands as a testament to modern luxury and timeless design. Spanning an entire city block, it features a striking glass façade and gunmetal-framed windows. More than just a residence, The Oosten is a symbol of style and substance, marking its prominence in one of Brooklyn’s most sought-after neighborhoods.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 |
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Loan Amount | $1,184,000 | $1,184,000 | $1,184,000 |
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 | 6.599% | 6.472% | 6.032% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,723 | $7,387 | $9,911 |
Total Monthly Payment | $6,848 | $7,512 | $10,036 |
* 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.