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Artist’s Duplex with Private Terrace in Iconic Williamsburg Loft Conversion! Welcome to Lofts1, a boutique 23-unit condominium that blends authentic loft living with modern luxury. Originally a cheesecake factory built in 1911 and masterfully reimagined by Andres Escobar in 2007, this industrial-chic building captures the soul of Williamsburg’s creative spirit. Residence 1D is a one-of-a-kind duplex loft offering 1, 074 SF of flexible living space, including 1 spacious bedroom, 2 full bathrooms, and a private 200 SF terrace - perfect for al fresco dining, gardening, or unwinding with a glass of wine. Enter through your private foyer into an expansive open-plan layout featuring soaring 13 ft ceilings, maple wood floors, and brand-new factory-sized windows that flood the home with natural light. The chef’s kitchen is outfitted with sleek black granite countertops, stainless steel appliances, and abundant cabinetry. Adjacent is a spa-like bathroom with an oversized soaking tub, ideal for relaxing after a long day. Enjoy premium conveniences including an in-unit washer/dryer, a split AC system, virtual doorman, and custom French doors that open directly to your sun-drenched private terrace with southern exposure. Downstairs, the generous bedroom features its own entrance, full bath, and room for a home office or creative studio. With two separate entrances, this flexible layout allows for easy conversion into a 2-bedroom, 2-bathroom residence (if desired) . Located in the heart of South Williamsburg, Lofts1 places you at the epicenter of Brooklyn’s most dynamic neighborhood. Just steps from Havemeyer St, Grand St, and Metropolitan Ave, you’re surrounded by the area’s best dining, cafes, bars, and nightlife. Transit is a breeze with the Bedford Ave L, Marcy Ave J/M/Z, and Metropolitan G trains all nearby, and the vibrant Domino Park only 4 blocks away. If you’re looking for a unique, light-filled loft with authentic character and unbeatable location, Residence 1D checks every box. Don’t miss this rare opportunity to own a piece of Williamsburg’s creative legacy!
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:
Our Insurance Division:
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $925 | $925 | $925 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,982 | $6,654 | $8,840 |
Total Monthly Payment | $7,032 | $7,704 | $9,890 |
* 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.