Truly Spectacular...Introducing 411 Kent Avenue one of the last remaining Gems located on The Williamsburg Waterfront. Built Circa 1920 this property shares the architectural characteristics of a Former Firehouse. It is the very definition of a creative Williamsburg Loft, much sought after, but rarely found. The existing two-story home features massive open spaces, high ceilings, huge windows, multiple skylights, original paneled woodwork, exposed brick, original floors, and completely exposed wood ceiling joists. Additional features include a curb cut, open garage entrance, roof terrace, skyline & bridge/river views. Coupled with the rare bonus of a full-height polished basement and a picturesque Bamboo backyard garden, reached through a Donald Judd-inspired pivoting door. The Bamboo reaches skyward from the ground floor to provide a refreshing splash of green and privacy to the second-floor back roof terrace. The facade is completely restored, enhancing the buildings historical significancewith original terra-cotta panels and a refurbished classic cornice. The building is currently 3,322 SF above grade and an additional 1350 SF full height basement. The lot is 2,379 SF measuring 23.25 and 102.33 and tagged with Max FAR of 3.4 FAR there is potential to add approximately 4,766 SF to this property to build your dream home in one of the hottest locations in Williamsburg. Enjoy the convenience and comforts of riverfront living in close proximity to some of the top restaurants in New York City located on the Southside of Williamsburg: Peter Luger Steakhouse, Meadowsweet, Diner, Marlow & Sons, Patrizias of Brooklyn, Barano, Motorino. City Acres gourmet supermarket is conveniently across the street. Across the street from the East River Ferry, nearby transportation also includes J, M, Z subway lines on Marcy Ave and the bike/pedestrian path on the Williamsburg Bridge.The redevelopment and transformation of the Southside riverfront offers tremendous upside! Over 20,000 SF of new retail space and a brand new waterfront esplanade are coming soon right around the corner at 420 Kent, while the new Domino Park (designed by the lead architects of Manhattan's High Line) is merely a few blocks north! Kents promenade will add to the communal boardwalk stretching from Greenpoint all the way to Dumbo, over 77,000 SF -- Settle in the new center of Brooklyn!
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