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NEW PRICE!!
The one you've been waiting for! Located on the border of the East Village and the Lower East Side, this lofted one bedroom in a 28-unit elevator building has not been seen on the market in decades and now awaits your creative touch.
As you turn from the long entry foyer, you are greeted by a wall of six south-facing windows and sky-high ceilings in the living room. There is plenty of wall space for art and you could grow almost any plant in the endlessly sunny space. Ascend the industrial stairway to the bedroom loft and you have ample room for a bed, work area and even some storage. There is a full kitchen, a working fireplace and, best of all, a designated outdoor space on the roof that goes with the apartment.
While the space requires some TLC, it won't take much for you and a contractor to make it your own. Still the most cutting edge neighborhood of Manhattan, this coveted location puts you close to NYU, near both chic and historic restaurants and bars like director Baz Luhrmann's new bar Monsieur, Bradley Cooper's Philly Cheesesteak shop, Danny and Coop's on Avenue A, Katz's Delicatessen, and Ballato's classic Italian cuisine), numerous art galleries featuring artists both established and on their way up, the lively buzz of Chinatown restaurants, shops, and Sunday Dim Sum, the ability to walk across more than one bridge to Brooklyn, small verdant parks and community gardens galore (ever a hallmark of the East Village) not to mention a variety of subway and bus lines. You will spend many afternoons lounging on the roof, surveying the downtown city panorama with your favorite drink in hand, thinking how lucky you are to be there!
Ownership is flexible: this can be a pied-a-terre, parents can buy for children, or it can become your dream primary residence. There is an assessment in force of approximately $161/month - more information forthcoming.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $556,000 | $556,000 | $556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,514 | $3,653 | $4,654 |
Total Monthly Payment | $3,606 | $3,745 | $4,746 |
* 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.