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FLEXIBLE 1-BEDROOM + OFFICE, 2-BATH Welcome to Unit 8M at 70 Washington Street, a beautifully renovated industrial loft condominium in the vibrant heart of DUMBO. Converted in 2005, this expansive 1, 384-square-foot loft blends modern luxury with industrial charm. As you step inside, you're greeted by an open-concept living, dining, and kitchen area, highlighted by soaring 11-foot beamed ceilings and three oversized, west-facing windows that bathe the space in natural light while offering breathtaking cityscape views. The chef's kitchen is equipped with high-end appliances, including a Sub-Zero refrigerator, Thermador convection oven, Viking range, Bosch dishwasher, wine refrigerator, and elegant white shaker-style cabinetry. A large center island with granite countertops is perfect for cooking and entertaining. The king-sized primary suite has two giant windows, also facing West and is complemented by a generous dressing area with large dual closets. The en-suite bathroom features a luxurious marble-top double sink vanity, chrome fixtures, an oversized frameless enclosed glass shower, and a separate soaking bathtub for the ultimate in relaxation. The versatile home office can easily be converted into a second bedroom and includes a large closet. The home is also equipped with a full guest bathroom. A sizable entry foyer with a long hallway provides a wall of closet space, while the walk-in laundry utility room is complete with a Bosch washer/dryer and sink for added convenience. Additional features include noise-canceling windows, solar shades, central air conditioning, sustainable bamboo flooring, and a variety of other details that enhance the loft’s chic and modern living experience. Building Amenities: 70 Washington Street, originally a warehouse, was transformed into luxury condominiums in 2005. The building offers residents access to a stunning 7, 500-square-foot landscaped roof deck with panoramic skyline views, a 24-hour concierge, a package room, a live-in superintendent, and a fully equipped gym. Location: Nestled in the vibrant heart of DUMBO, this home is surrounded by historic cobblestone streets, scenic waterfront esplanades, world-class dining, shopping, and cultural landmarks like Time Out Market, Jane’s Carousel, and Brooklyn Bridge Park. Commuting is a breeze with nearby access to the A/C/F trains and the East River water taxi, which provides direct service to Wall Street. Please note there is a $440 monthly assessment, and the offering plan designates this unit as a 1-bed plus home office. Don’t miss the opportunity to own this exceptional piece of DUMBO’s vibrant and sought-after community.
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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 |
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Loan Amount | $1,356,000 | $1,356,000 | $1,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
Monthly Tax Payment | $1,878 | $1,878 | $1,878 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,699 | $8,571 | $11,443 |
Total Monthly Payment | $9,702 | $10,574 | $13,446 |
* 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.