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Low monthlies! Thanks to the building's tax abatement, property taxes are just $7 per month - an incredible opportunity to own in one of Williamsburg's premier waterfront condominiums.
Experience elevated loft living in this exceptional 2-bedroom, 2-bathroom duplex featuring dramatic 18-foot floor-to-ceiling windows and a private terrace with protected views. The flexible layout easily accommodates a 2-bedroom plus home office configuration, offering versatility for modern living.
The main level features an expansive open-concept design anchored by one of the largest living rooms in the building - ideal for both relaxing and entertaining. Soaring windows flood the space with natural light and provide seamless access to the private outdoor terrace.
The kitchen is outfitted with premium stainless-steel appliances, including a microwave and dishwasher, and a sleek breakfast bar perfect for casual dining. Both bedrooms are generously sized, and the two full bathrooms feature contemporary finishes.
Overlooking the living area, the lofted upper level offers the perfect space for a home office, nursery, or optional third sleeping area. Additional highlights include excellent storage and closet space, in-unit washer/dryer, and abundant natural light throughout.
Located in The EDGE, Williamsburg's premier waterfront condominium, residents enjoy an unmatched amenity package including:
24-hour doorman and professional staff
Resident lounges and private event spaces
Movie screening rooms
State-of-the-art fitness centers with classes
Indoor pool and sauna
Full-court basketball court
Children's playroom
On-site parking garage
Perfectly positioned along the waterfront, The EDGE offers stunning city views and immediate access to parks, dining, shopping, nightlife, and transportation, including the L train and East River Ferry. The building is LEED Gold certified and benefits from a 22-year tax abatement in place through 2036.
Investment opportunity: A tenant is currently in place on a month-to-month basis. Showings require a minimum of 24 hours' notice.
With its scale, light, outdoor space, ultra-low carrying costs, and world-class amenities, this is a rare opportunity to own one of Williamsburg's most desirable residences.
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.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:
$2,850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,767 | $13,854 | $19,086 |
| Total Monthly Payment | $12,892 | $13,979 | $19,211 |
* 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.