Brooklyn (Williamsburg), NY, 11249 | $525,000

A rare opportunity to own a thoughtfully maintained two-bedroom home in one of Brooklyn's most dynamic neighborhoods. Offered for sale for the first time in over 40 years, this sun-filled cooperative combines comfort, convenience, and exceptional value just moments from the Williamsburg Bridge.

Bathed in natural light from northeast-facing windows throughout, the apartment offers a comfortable and efficient layout with generously proportioned rooms. The spacious primary bedroom easily accommodates a king-sized bed and additional furnishings while featuring two oversized closets. Located on the opposite side of the apartment for added privacy, the second bedroom is ideal as a guest room, home office, nursery, or bedroom.

The eat-in kitchen offers abundant cabinet storage and workspace, making it equally suited for everyday living and entertaining. Lovingly maintained over decades of ownership, the home is move-in ready while offering the opportunity to personalize and make it your own.

Perfectly positioned at the crossroads of Williamsburg and the Lower East Side, the apartment is moments from the Williamsburg Bridge, providing a quick commute to Manhattan. Enjoy easy access to the J, M, and Z trains, Citi Bike, Domino Park, acclaimed restaurants, coffee shops, nightlife, shopping, Whole Foods, Trader Joe's, and countless local favorites that have made this area one of Brooklyn's most sought-after destinations.

This home is part of an HDFC cooperative and is subject to restrictions at 120% of Area Median (AMI), offering a unique opportunity for qualified buyers to achieve homeownership in a prime Brooklyn location.

BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.

Features

  • Town: Brooklyn
  • Heating: Radiant
  • Cooling: Window Unit(s)
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Building None,None
  • Year Built: 1910
  • Common Charge: $525 Monthly
  • Approx Sq. Feet: 600
  • Est. Taxes: $0
  • View: City
  • Pet Policy: Building Yes,Yes
  • MLS#: RLS20095574
  • Days on Market: 77 days
  • Website: https://www.raveis.com
    /prop/RLS20095574/124s3rdstreet_brooklyn_ny?source=qrflyer
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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 Bond New York Properties LLC   Phone: (212) 582-2009

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888.699.8876

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Brooklyn (Williamsburg), NY, 11249

$525,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $420,000 $420,000 $420,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.230% 6.512% 5.866%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,484 $2,620 $3,460
Total Monthly Payment $2,576 $2,712 $3,552

* 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.