FINAL STUDIO RESIDENCE!
ASK ABOUT OUR INTEREST RATE BUY DOWN OPTIONS The Opportunity Own Your Zone in this gem of a southern exposure studio will exceed your expectations with its space and functionality. Facing a quiet landscaped courtyard, this home is a true sanctuary from the hustle and bustle of New York City.
This Studio residence features gray oak floors throughout, complementing the natural light that fills the spacious home. A 25-year tax abatement and immediate occupancy.
The open kitchen features a waterfall breakfast bar. Modern Quartz countertops and mosaic glass tile backsplash. Wood grain lower cabinetry and white, high-gloss upper cabinetry, frame a cohesive stainless steel appliance package. The premium appliance package featured exclusively in Penthouse residences includes a Liebherr refrigerator and gas range, dishwasher and microwave by Viking.
Sleek bathroom finishes include Florentine Carrara porcelain wall tile and Grigio Medio porcelain tile floors. A recessed medicine cabinet and wood vanity with integrated sink complete the space.
Tech-smart details and environmentally conscious design set the tone for innovative living. WiFi enabled EcoBee smart thermostat with remote access to your cell phone. Fisher & Paykel washer and dryer, and USB charging ports make for comfort and convenience. Residences are all pre-wired for cable, telephone and data. The Central Heating and cooling is provided by a vertical water source heat pump system, and energy efficient windows are comprised of double-glazed, high performance, Low-E glass.
A suite of amenities includes an attended lobby, Rooftop Terrace, Entertaining Terrace, Party Room, Children's Playroom, Fitness Center and Pet Spa. Attended parking, bike storage and private storage are also available. Located just a few blocks from the 2, 3, A, C and B trains, this is the Manhattan you didn't know you could have. Inside and out, The Rennie gives new meaning to city living.
The complete offering terms are in an offering plan available from the Sponsor. File No. 18-0078
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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:
$550,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,711 |
Total Monthly Payment | $3,019 | $3,016 | $3,803 |
* 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.