Welcome to 289 Devoe Street, a new development condo building in the heart of East Williamsburg! Featuring 7 thoughtfully designed and carefully built units, with stylish finishes and artistic touches throughout the building. Each unit features stunning 5 White Oak floors, oversized Pella windows, Mitsubishi heat & cooling split systems, and instant hot water heaters for maximum efficiency.Nestled among local neighborhood hot spots including C.Lo Caf, Il Passatore, Hosh Yoga, Grimm Ale House, Sage, Blue Stove Caf, Win Son, Concord Hill, and Mesacoyacan. The L train at Graham Ave is a short walk from 289 Devoe, just 3 stops into Manhattan getting you to Union Square in less than 15 minutes! Take a beautiful stroll to Cooper Park and enjoy this peaceful neighborhood with gorgeous tree-lined streets, bike lanes, and easy street parking.Unit #3R is a 596 sq ft one-bedroom one-bathroom apartment with central heat and air and an in unit washer dryer. Enjoy the benefits of having a coat closet in the entry way, plus a private storage space in the basement. An oversized private balcony with North Western views has room for a table and chairs so you can enjoy the sunset views!The open concept kitchen features elegant wood-grain cabinets with push to open mechanisms, light grey granite waterfall countertops with a large breakfast bar, and built in shelves for easy access while you're cooking. Top of the line appliances include a Fisher and Paykel fridge with French doors, Bosch gas range with a pot filler above, and a paneled Bosch dishwasher that blends right in to the lower cabinets. The kitchen flows seamlessly into the dining area that has space for a table that seats 4. The large living area can accommodate acomfortable living room! The floor to ceiling sliding glass doors with North Western exposure lead to the huge balcony that faces the sunset!The extra-large bathroom has been outfitted with wall-mounted toilets, double sinks, a medicine cabinet, and a large vanity with multiple drawers for extra storage. The full size tub has built in shelving, and a rain shower.The spacious bedroom can accommodate a Queen sized bed plus additional furniture, and has a generous closet.The complete offering terms are in an offering plan available from the sponsor. File #: CD18-0136 The 289 Devoe Street Condominium Offering Plan.
Williamsburg, located in the borough of Brooklyn, borders Greenpoint to the north, Bedford-Stuyvesant to the south, Bushwick, East Williamsburg, and Ridgewood (Queens) to the east, and Fort Greene to the West. Williamsburg has rapidly evolved from a manufacturing neighborhood in the mid-1990s to the gentrified and highly sought-after real estate destination it’s known for today. Known for its vibrant nightlife, art scene, and its ever-expanding food scene, Williamsburg is an ideal fit for the artistically inclined (not to mention the hipster generation). With its proximity to Lower Manhattan, Williamsburg has emerged as the preferred home base for many young workers in New York City.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more