Discover the epitome of luxury living in this fantastic 2-bedroom, 2-bathroom penthouse with a large private terrace nestled atop the prestigious Schaefer Landing South. With an abundance of natural light and pristine finishes throughout, this residence offers over 1500 sq. ft. of living space inside and out: a serene haven in the heart of urban living. Northeast-facing and with stunning water and bridge views, the spacious living/dining area with an open kitchen is the perfect space to entertain and indulge. Oversized windows that reach nearly floor to ceiling, hardwood floors, a stacked washer/dryer, and a newly updated open kitchen with modern finishes adorn this space. Featuring top of the line stainless steel appliances by Liebherr, Miele and Bosch, a massive island with undermount sink and overhang for stools, handsome walnut and white lacquered cabinetry, open shelving, integrated dishwasher, and Caesarstone countertops, the kitchen is a culinary enthusiast's dream. The 20’-long living/dining area is flanked by two well-proportioned and ample-sized bedrooms. The primary bedroom features an ensuite bathroom with marble tile finishes, a separate soaking tub and stall shower. A massive walk-in closet measuring 9’ deep by 4’ 5” wide and fully outfitted completes the primary bedroom. The second bedroom comfortably fits a queen bed and desk, plus other furnishings, has its own nice-sized closet and is located next to the second full bathroom down the hall. The dramatic entryway has a ceiling height of nearly 20 feet, and a straight staircase provides access to the large private terrace above. Enjoy direct views of the East River, the Williamsburg Bridge, and the Empire State Building on the L-shaped terrace, roomy enough to accommodate seating for 8 or more, plus a lounge area. The direct gas line and hose bib is already installed and ready to go. Built in 2003, Schaefer Landing South is tax abated until 2032 and boasts a recently upgraded fitness center and renovated lobby and hallways, plus a residents’ lounge with water views, a sizable common roof deck, library/media room, playroom, and business center - all at no cost to the residents. Convenience is prioritized with a 24-hour attended lobby, personalized concierge service, on-site resident manager, bicycle storage, package room, and an underground garage offering reasonably priced monthly parking options. Additionally, the building is conveniently situated next to the East River Ferry service, allowing quick access to Wall Street, 34th Street, Dumbo, and Greenpoint. For early subway commuters, there's a shuttle service to the Marcy J/M/Z stop and Bedford Avenue L train. Furnishings in photos differ slightly from what's currently in the apartment. Current assessment of $540/mo. in place until 9/29 for Local Law 11 and lobby/hallway renovations.
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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 | $1,300,000 | $1,300,000 | $1,300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.902% | 6.360% | 6.056% |
Monthly Tax Payment | $12 | $12 | $12 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,381 | $8,004 | $10,883 |
Total Monthly Payment | $7,518 | $8,141 | $11,020 |
* 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.