196 Scholes Street, #1B, Brooklyn (East Williamsburg), NY, 11206 | $985,000

Welcome to Residence 1B at 196 Scholes Street, a thoughtfully designed duplex condominium offering a unique blend of indoor-outdoor living in the heart of East Williamsburg.
Currently configured as a 2 bedroom apartment, this is a 1-bedroom, 2-bathroom duplex condominium with balcony and patio, per the offering plan.

The main level features an open-concept living and dining area filled with natural light from floor-to-ceiling windows. The contemporary kitchen is appointed with custom dark wood cabinetry, Caesarstone countertops, tiled backsplash, and stainless steel appliances, creating an ideal space for everyday living and entertaining.

Also on the main floor is the primary bedroom, a full bathroom, and direct access to an expansive private outdoor terrace. Whether enjoying morning coffee, dining al fresco, or hosting friends, this private outdoor retreat serves as a true extension of the living space.

An interior staircase leads to the lower level, which offers a spacious recreation room and flexible bonus area suitable for a home office, media room, fitness area, creative studio, or additional storage, along with a second bathroom and dedicated laundry area.

Additional features include central heating and air conditioning, hardwood flooring throughout, and a pet-friendly condominium. Residents benefit from low monthly common charges and convenient access to neighborhood amenities.

Ideally situated just moments from the Montrose Avenue L train, Residence 1B is surrounded by some of Brooklyn's most sought-after dining, shopping, and cultural destinations. Nearby favorites include The Brooklyn Tree and BK Belly, while grocery options continue to expand with the recently opened Whole Foods Daily Shop on Grand Street and the larger Williamsburg location at Whole Foods Market. The neighborhood also offers easy access to the vibrant retail corridors of Graham Avenue, Grand Street, and Williamsburg's renowned restaurant and nightlife scene.


Features

  • Town: Brooklyn
  • Cooling: Central
  • Levels: 4
  • Amenities: Laundry Room; Roof Deck;
  • Rooms: 6
  • Bedrooms: 1
  • Baths: 2 full
  • Laundry: None
  • Complex: 196 Scholes
  • Year Built: 2007
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Balcony: Yes
  • Patio: Yes
  • Service Level: Video Intercom
  • Built Size: 25'x75'
  • OLR#: RLS20100270
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/RLS20100270/196scholesstreet_brooklyn_ny?source=qrflyer
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 Corcoran Group

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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
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196 Scholes Street, #1B, Brooklyn (East Williamsburg), NY, 11206

$985,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $788,000 $788,000 $788,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.086% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,474 $4,724 $6,650
Total Monthly Payment $4,566 $4,816 $6,742

* 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.