Two-of-a-kind; this architecturally stunning, freshly renovated, live-work loft is available for the first time in a gorgeous pre-war building. Set above street level, this offering includes two architecturally spectacular spaces with separate entrances; a loft for living and a loft for working divided by a common hallway. . . all for under $1, 000 per SF!
Listing Features:
- Dramatic 16' lofted tin ceilings, set 5' above street level
- Incredible prewar detail throughout
- Southern exposure with 10' high custom windows bathes the space in light
- Approximately 300 SF storage room (building amenity)
- Parking space (1 person waitlist, no fee)
- Enchanting shared garden with a koi pond and grilling area
Loft A (Living space):
- Newly renovated chef's kitchen with top-of-the-line appliances (Liebher & Bosch), stone countertop & incredible storage
- Bedroom area (wall can be built) + lofted bedroom area with 7' ceiling height
- Custom closet system
- Spacious renovated windowed bathroom
Loft B (Creative/Work space):
- Open canvas to create your dream workspace
- Additional loft space (can be used as a sleeping space)
- Laundry area with brand new washer/dryer and sink
- Full bathroom with standing shower
- Inquire about potential uses; space can be used as a sleeping space
Located in a stunning historic Romanesque revival building; this space was formerly the building library of the Long Island Business School. Set on S. 8th Street between Bedford and Driggs Avenues; one block south of Broadway with access to the JMZ trains at Marcy Ave, L train at Bedford Ave, and Domino Park. On a residential block yet, right by restaurants like Meadowsweet, Diner, Marlow and Sons and boutiques that have made Williamsburg the creative enclave it is today. If are looking for a gorgeous live/work space, this two-of-a kind loft, is a one (and only!) offering, come and see a truly awe-inspiring space!
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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.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 | $1,436,000 | $1,436,000 | $1,436,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,725 | $9,434 | $12,509 |
Total Monthly Payment | $8,850 | $9,559 | $12,634 |
* 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.