224 North 6th Street introduces an exclusive collection of three newly built residences, each a masterpiece of design and light. The penthouse stands out as a meticulously crafted 1, 561 sq ft triplex, offering an additional 442 sq ft of serene outdoor space and a dedicated 94 sq ft storage area. Bathed in sunlight, its interior exudes modern elegance with three spacious bedrooms, three sleek bathrooms, and an optional configuration for an additional bedroom on the lower level. Each unit boasts oversized windows that invite an abundance of natural light, alongside central heating and cooling for year-round comfort. The open-plan living spaces blend seamlessly with the modern kitchens outfitted with ample storage, featuring Caesarstone countertops and premium Liebherr appliances. From chic bathroom fixtures to the convenience of in-unit washers and dryers, every detail has been thoughtfully considered. As you ascend through the penthouse, each level reveals its unique charm. The primary suite, complete with an en-suite bathroom, offers a tranquil retreat, while the uppermost floor features a third bedroom and direct access to a private terrace, a perfect space for relaxation or entertaining. Located in the vibrant heart of Williamsburg, this boutique building offers unparalleled access to the neighborhood's eclectic array of dining, nightlife, and cultural venues. Just steps from the Bedford L station and minutes from the Metropolitan G and the Ferry, residents enjoy the convenience of city living with the luxury of spacious homes. Surrounded by award-winning restaurants, bars, cafes, and shops, and within walking distance to landmarks such as Domino Park and the Williamsburg Cinema, 224 North 6th Street is not just a residence but a lifestyle choice for those seeking the vibrancy of Williamsburg living. This unit is a legal three bed per the offering plan but is currently configured as a large two bed. The complete offering terms are in an offering plan available from sponsor. File No. CD 20-0260. Sponsor: SCUADRA224N6 LLC1133 Broadway, Suite 1607 New York, NY 10010.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,280,000 | $2,280,000 | $2,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $787 | $787 | $787 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,125 | $14,224 | $19,394 |
Total Monthly Payment | $14,037 | $15,136 | $20,306 |
* 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.