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Presenting an exceptional opportunity to own a luxurious 2BD/2BA residence at The EDGE, Williamsburg’s premier condominium. The EDGE benefits from the 421-a Tax Abatement, which is in effect through 2036, (currently only $6 a month) providing long-term tax savings. This expansive home offers a thoughtfully designed layout, featuring a large private balcony with unobstructed views of Brooklyn. The spacious living area is illuminated by an abundance of natural light, thanks to a full wall of windows and soaring ceilings. The chef’s kitchen is equipped with top-of-the-line Miele and Bosch integrated appliances, including a microwave, dishwasher, and ample cabinetry. A breakfast bar with built-in shelving completes the space, making it ideal for both everyday living and entertaining. The generously sized primary bedroom easily accommodates a king-size bed and includes a walk-in closet and an en-suite bathroom for privacy and convenience. The second bedroom offers flexible living space and is conveniently located near a second full bathroom. For added convenience, the unit includes an in-unit Bosch washer/dryer and ample closet space throughout. The EDGE offers an unparalleled array of luxury amenities, including a 24-hour doorman and staff, an all-season indoor swimming pool, sauna, steam room, and jacuzzi. Additionally, there are state-of-the-art fitness centers with complimentary class offerings, a full-size indoor basketball/pickleball court, and a movie screening room. Two rooftop terraces provide stunning 360-degree views of the city skyline, while the residents’ lounge features a fireplace, billiards, and complimentary Wi-Fi. The building also boasts a children’s playroom, an on-site parking garage with Zip-Car service. Located in the heart of Williamsburg, The EDGE offers direct access to world-renowned dining, shopping, and cultural destinations. Iconic restaurants such as Lilia, Misi, Laser Wolf, and Le Crocodile are nearby, while retailers like J. Crew and Hermes, along with local markets such as Whole Foods and Trader Joe’s, are just a short walk away. For leisure, Marsha P. Johnson State Park, Domino Park, and McCarren Park are all within close proximity. The East River Ferry is directly outside the building, and the L train at Bedford Avenue is only a few blocks away. This extraordinary residence combines modern luxury with a vibrant, highly sought-after location, offering a superior living experience in one of Brooklyn’s most desirable neighborhoods.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,880,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $1,504,000 | $1,504,000 | $1,504,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $6 | $6 | $6 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,540 | $9,630 | $12,692 |
Total Monthly Payment | $8,671 | $9,761 | $12,823 |
* 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.