Total Est. Monthly Carrying Cost:
$4,388 ($7.24/ft2)
Note: the above is based on a down payment of 20% ($150,000),
which is the minimum amount permitted by the building.
Description
Truly, one of the best deals on the market, residence 505 has a perfectly efficient layout with southern exposure (warmth/light all-day), in a boutique elevator building set just above the treetops and neighboring buildings. Adorned with high-end Bosch/LG appliances and finishes, set over Caeserstone countertops and hardwood floors, complete with a washer/dryer!
The layout is intelligently efficient, allowing room for dining and hallway storage, giving this apartment the feel of a much larger space. Lastly, you have a private balcony perfect for outdoor dining and herb planting, and a storage unit in the basement!
1 Powers is a boutique elevator building with a 24 hr gym, large roof-deck with views, and best of all, a 25 YEAR ABATEMENT running until 2036.
The building is located in best transportation area in Williamsburg, just minutes from multiple train lines. You can both the L or the G three blocks away at Lorimer/Metropolitan in less than 5 minutes, or the J/M at Marcy Ave in about 10. Beyond the exceptional transit, the building is juxtaposed between the incredible food and nightlife found on Grand and Metropolitan, yet set on the adorable and quiet residential block of Powers Street.
Most of all, the 25 year abatement means that you can own for less than you rent this, lovely, bright, and intelligent investment. This apartment is priced to sell, so make your appointment today.
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