Brooklyn (Williamsburg), NY, 11249 | $4,500,000

Sponsor offering two years of taxes as a $181, 056 closing credit. Parking included. Direct from the sponsor purchase- no board package required and sponsor will punch list the apartment! Photos are of PH2 - a very similar unit. Situated on the vibrant South Williamsburg waterfront with endless amenities, Oosten brings luxury living in New York City to a whole new level. This spacious duplex home has double height ceilings and oversized rooms throughout- Incredible space at a price per square foot you simply won’t find anywhere else. A rare full city block development designed by celebrated Dutch architect Piet Boon, the building’s stunning glass façade with gunmetal-framed floor-to-ceiling windows gives every residence the modern touch, as well as a taste of the original Williamsburg. For the interiors, Boon’s design features calming colors and clean lines that perfectly accentuate the roomy, airy features of the homes. An indoor swimming pool, a children’s playroom with a bouncy-house, a 13, 000+ square-foot lush green courtyard and much more – Oosten is known for having one of the best amenities package in Williamsburg, not to mention New York City. Urbn Playground, the onsite lifestyle concierge, provides both adults and children with a series of bespoke activities, including but not limited to swimming lessons, wine tasting, massages…you name it! South Williamsburg is experiencing a true renaissance with Domino Park, incredible local restaurants (Diner, Marlow and Sons, Barano, Sunday in Brooklyn, etc) and so much more to discover. Less congested than the Northside (with a vibe more SoHo than East Village) and with more open space and various transportation options including the J, M, Z trains and the East River Ferry dock (directly across the street)with quick and easy access to Manhattan or Dumbo / Brooklyn Heights. Come and Explore! THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM THE SPONSOR. FILE NO. CD13-0264. THE ARTIST REPRESENTATIONS AND INTERIOR DECORATIONS, FINISHES, APPLIANCES AND FURNISHINGS ARE PROVIDED FOR ILLUSTRATIVE PURPOSES ONLY. SPONSOR MAKES NO REPRESENTATIONS OR WARRANTIES EXCEPT AS MAY BE SET FORTH IN THE OFFERING PLAN. SPONSOR RESERVES THE RIGHT TO SUBSTITUTE MATERIALS, APPLIANCES, EQUIPMENT, FIXTURES AND OTHER CONSTRUCTION AND DESIGN DETAILS SPECIFIED HEREIN AS PROVIDED IN THE OFFERING PLAN. ALL DIMENSIONS ARE APPROXIMATE AND SUBJECT TO NORMAL CONSTRUCTION VARIANCES AND TOLERANCES. SQUARE FOOTAGE EXCEEDS THE USABLE FLOOR AREA. SPONSOR RESERVES THE RIGHT TO MAKE CHANGES IN ACCORDANCE WITH THE TERMS OF THE OFFERING PLAN. PLANS AND DIMENSIONS MAY CONTAIN MINOR VARIATIONS FROM FLOOR TO FLOOR. SPONSOR: 421 KENT DEVELOPMENT, LLC, C/O XIN DEVELOPMENT INTERNATIONAL INC. 150 EAST 52ND STREET, NEW YORK, NEW YORK 10022.

Features

  • Town: Brooklyn
  • Heating: Central
  • Cooling: Central Air
  • Levels: 8
  • Rooms: 11
  • Bedrooms: 6
  • Baths: 6 full / 1 half
  • Lot Size: 0.000000x0.000000
  • Laundry: Common Area,In Unit
  • Year Built: 2015
  • Common Charge: $4,863 Monthly
  • Approx Sq. Feet: 5,086
  • Est. Taxes: $90,528
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Dishwasher,Washer
  • MLS#: COMP-100878819992863
  • Days on Market: 801 days
  • Website: https://www.raveis.com
    /prop/COMP-100878819992863/429kentavenue_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 Compass   Phone: (212) 913-9058

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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
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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, 11249

$4,500,000

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 $3,600,000 $3,600,000 $3,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.664%
Monthly Tax Payment $7,544 $7,544 $7,544
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,874 $23,649 $31,360
Total Monthly Payment $29,543 $31,318 $39,029

* 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.