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Live the cool & lofty life at The Knickerbocker Lofts and it's all on the level! One level that is. . . . with your own private entrance in front AND out back (more on the private outdoor patio space later). No steps living as you can just stroll from your dedicated parking space to the ramp up to this dramatically open plan condo that will immediately transport you to SoHo, Dumbo, TriBeCa. . . (if ya know, ya know) and for a fraction of the cost. The taxes are very friendly (three thousand four hundred and twenty-six dollars for the whole year and before STAR if applicable) and the monthly HOA is a mere $570. 70 per month. Let's do the math: HOA AND TAXES add up to $856. 20 per month carry charges! BOOM! Updated in keeping with the industrial-chic vibe by the artist who owns it, you will love the polished cement floor, the expansive flow and the soaring ceilings. A true restaurant range & oven (Wolf stove with salamander & flat top griddle) will allow you to release that inner Julia Child in you. An in-unit washer & dryer make life convenient. You own private al-fresco lifestyle patio out back is not only fabulous but is rare as there are not many in the building with those bragging rights. This pet-friendly Condo also provides parking, a fitness center (tear up that gym membership!), a rooftop deck, & a club room all at NO additional charge which is also a rarity! The marble tiled backsplash (counter to ceiling), an ADA accessible bathroom, an elevator in the building (for when you want to use the gym etc. ) and all just a stroll to restaurants, shops, pizza, and all of what's new in the NEW New Rochelle. And one more thing. . . this is only half a mile to the New Rochelle Metro North RR which is also an Amtrak station for those who may want to easily visit Boston, Philly, Baltimore or D. C. Parking is always available at the transit center parking facility. Parks, public beaches, playgrounds, marinas, and more are all yours to enjoy in the Queen City On The Sound! Come Knick the light fantastic!
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Our Executive Mortgage Banker:
Our Insurance Division:
$588,000
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 | $470,400 | $470,400 | $470,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $286 | $286 | $286 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,051 | $3,169 | $4,033 |
Total Monthly Payment | $3,429 | $3,547 | $4,411 |
* 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.