Drop Dead Gorgeous studio. Apt 10F with Empire State Building views, has undergone a wonderful renovation that includes a kitchen with Miele appliances and hand picked finishes. The pre-war charm of the building extends to the foyer of 10F that begins with a formal entrance that leads to the very intelligently designed main room. It includes a private sleeping area that is not only beautiful with discreet reading lamps, but cozy at the same time. There are a large number of closets, warm hardwood floors and a dressing room outside the renovated bath that add to the appeal of the 10F. Electricity, gas and heat included in Maintenance. Renting is allowed after one year or ownership. Pied a terres and co-purchasing, gifting allowed with Board Approval. Pets welcome. 200 East 16th Street is a well-maintained full service prewar cooperative nestled between Union Square and Stuyvesant Park. Building amenities include a full-time doorman, resident manager, porters and central laundry room. Residents will enjoy a recreation room, gym, bike and storage rooms. Just a few blocks to Rutherford and Stuyvesant Parks, Union Square and its Greenmarket, Whole Foods and Trader Joes. Conveniently located near major transportation. Subway lines: N, Q, R, W, L, 4, 5, and 6 subway lines. Bus Lines: M101, M102, M103 on Third Avenue, and M15 on Second Avenue. Currently an assessment of $25. 50 per month through 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$570,000
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 | $456,000 | $456,000 | $456,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,845 | $2,771 | $3,604 |
Total Monthly Payment | $2,937 | $2,863 | $3,696 |
* 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.