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3-Level Townhouse at Water’s Edge – Space, Lifestyle, Resort-Style Amenities & School district # 26. Welcome to 216-16 17th Avenue in Water’s Edge—where you come to upgrade not just your home, but your entire lifestyle. Located in desirable Bay Terrace, this rare 3-level, 3-bedroom co-op offers the kind of space and functionality that’s nearly impossible to find in Manhattan or Brooklyn at this price point. Inside, you’ll find expansive living across three floors - the first floor has a beautiful gourmet kitchen with lots of counter space and storage, stainless steel appliances and a sleek breakfast bar. The dining room is accentuated by sliding doors to the private patio. A convenient powder room makes entertaining easy. The huge living room has high hat lighting and an exit to the Water's Edge grounds, which offer water views and a plethora of amenities as soon as you enter the manicured grounds. The second floor layout consist of a large primary bedroom suite with private bathroom, and two additional bedrooms facing the quiet back. There is also a hallway bathroom with soaking tub. The finished basement adds enormous flexibility, perfect for an office, playroom, home gym, media space, or guest bedroom. It also holds the private laundry area with a washer and dryer. What truly sets this home apart is the lifestyle: Here, you’re not just in a neighborhood—you’re in a community designed for living well: *Easy access to Manhattan - LIRR and express bus *Private pool for summer days *Fully equipped gym on the grounds *Tennis & pickleball courts for active living *Playground to grow, play and connect. * Bell Academy and PS 169. An additional new school is being built in Bay Terrace. *Bay Terrace Shopping center with amazing restaurants, super market, a movie theater and soon a Barnes & Noble! This is the kind of environment where weekends feel like a getaway, and daily life feels calmer and more balanced. This isn’t just a home—it’s a lifestyle upgrade with built-in value.
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Our Executive Mortgage Banker:
$708,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $566,400 | $566,400 | $566,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,392 | $3,534 | $4,666 |
| Total Monthly Payment | $3,484 | $3,626 | $4,758 |
* 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.