Price reduction! The coolest apartment is now available for sale in the heart of the Financial District. This 2 bedroom /2 bathroom loft is the opposite of cookie-cutter! 50 Pine Street, apt 8S is a modern apartment with features including a king size bedroom with massive ensuite windowed bathroom, pass through open chef's kitchen with stainless steel appliances, spacious living room with 6 oversized windows, washer/dryer in the apt, high ceiling height, central air conditioning and original hardwood floors throughout. The second bedroom wall has been taken down but can easily be put back up to create a guest bedroom, family kids room or home office. The full second bedroom is great for friends and guests. A massive storage cage is deeded with this sale. Enjoy South, West and East exposures in this special modern loft with pre-war details. 50 Pine Street is a boutique pre-war building built in 1902. There is key fob video entry, a super onsite Monday-Friday, and a massive basement with storage and bike cages. Live in the heart of the Financial District and be walking distance to the South Street Seaport, Whole Foods, World Trade Center, Battery Park City and conveniently located near the 1, 2, 3, 4, 5, 6, A, C, R, W and Path trains. Also close to amazing nightlife and restaurants such as Nobu, Crown Shy, Saga, the Tin Building, The Fulton, Carne Mare, Dead Rabbit and many others!
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,553 | $1,553 | $1,553 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,224 | $5,740 | $7,701 |
Total Monthly Payment | $6,902 | $7,418 | $9,379 |
* 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.