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An expanse of floor-to-ceiling sunlight through privacy-tinted windows provides the backdrop in this loft-like 2 bedroom apartment in the acclaimed luxury Blue condominium in the Lower East Side. This is the perfect share with two extra large bedrooms situated on complete opposite ends of the apartment. With features such as in-unit Bosch washer/dryer, 10 foot ceilings, automatic shades, and custom lighting. Generous storage includes a walk-in closet. The kitchen has a convenient breakfast bar and features stainless steel Viking appliances, quartz countertops, a wine fridge and garbage disposal. The bathroom features high-end fixtures including a Zuma deep soaking tub. The 2nd floor includes a large terrace with only 1 other unit on the floor, so this space works like an outdoor accompaniment to the apartment. The Blue building, designed by acclaimed architect Bernard Tschumi, features a full time doorman/concierge, superintendent, over 8, 000 square feet of terrace space, a bike room, and cold storage for food deliveries. The Blue condo is also a Green condo and one of the first to incorporate state-of-the art sustainable and energy efficient materials throughout. The neighborhood cannot be beat. The F, J, M and Z trains are just half a block away. Essex Street Market, New York City's most historic public marketplace is nearly at your doorstep, as is one of New York City's trendiest restaurant quarter, with a dynamic pedestrian plaza. It includes what Women's Wear Daily described as "akin to what many say is how SoHo felt then: a little hamlet of unique shops set up by creatives looking to draw a like-minded community. "
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William Raveis Real Estate
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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 | $4,800 | $4,800 | $4,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.066% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $30 | $32 | $40 |
Total Monthly Payment | $105 | $107 | $115 |
* 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.