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Welcome to 166 Washington Avenue 2B, a brand-new one-bedroom condo in the heart of Clinton Hill, Brooklyn. Sitting on a tree-lined street, this thoughtfully designed building features a collection of modern one-and-two-bedroom residences that blend functionality with sleek, contemporary design. Each home offers grand proportions, luxurious finishes, and unparalleled craftsmanship.
The kitchens at 166 Washington Avenue are finished with custom cabinetry and rich, warm finishes. Thick Calacatta Da Vinci marble countertops and backsplashes complement the full suite of high-end, full-sized appliances by Bosch and Bertazzoni, including externally vented exhaust hoods and gas cooktops.
The king-sized bedrooms offer maximum comfort and flexibility, with custom outfitted walk-in-closets offering incredible storage. Serene designer bathrooms are wrapped in large warm travertine porcelain tile and feature striking arched double vanities with custom quartzite tops, as well as deep soaking tubs.
Every residence is finished with wide plank white oak flooring, energy-efficient multi-zone Mitsubishi heating and cooling systems, oversized double-pane Pella windows, recessed LED lighting, and in-unit laundry. An Akuvox smart video intercom system provides seamless access and ensures your deliveries are always smooth.
Perfectly located in one of Brooklyn's most sought-after neighborhoods, 166 Washington Avenue offers proximity to both the best of Clinton Hill and neighboring Fort Greene. Trendy local spots like Roticceria Evelina, Lula Mae, and Sarai Yoga are all nearby, and Key Foods is just two blocks away. With convenient access to public transportation and the vibrant cultural scene of the area, 166 Washington Avenue is truly a place to call home.
This is not an offering. The complete offering terms are in an offering plan available from the Sponsor. File No. CD24 -0244.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$925,000
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 | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.611% | 6.358% | 6.052% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,202 | $4,556 | $6,195 |
Total Monthly Payment | $4,294 | $4,648 | $6,287 |
* 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.