Presenting this exquisite Duplex Loft at Magnolia Mansion Lofts, drenched in natural light boasting over 13’ high ceilings in the living room and expansive north-facing oversized windows. This newly renovated loft, showcasing over 1, 250 square feet +/- of thoughtfully designed living space, offers hardwood floors, in-unit washer/dryer, and a meticulously updated interior with new bathroom and kitchen finishes. As you enter the foyer, you are greeted by a generously sized room, perfect for a library or home office. The first floor encompasses a grand living room, an open kitchen, a full bathroom, and four large north-facing windows. The open-concept kitchen seamlessly connects to the spacious living and dining area, creating an ideal space for hosting gatherings. Ascend the stairs to discover the primary and guest bedrooms/home office and the primary bathroom. Magnolia Mansion Lofts provide residents with access to a shared courtyard garden, rooftop amenities, video intercoms, and a full-time Super. The tranquil courtyard garden spans the length of the building, offering seating and barbecue grills for a serene oasis. Conveniently situated within walking distance of the subway, major transportation hubs, Museum Mile, shops, and restaurants, this historic building, originally a school and converted to condos in 1987, maintains its pre-war charm with a grand entry and original columns. Service pets are welcome. Elevate your lifestyle at Magnolia Mansion Lofts. First Floor ceiling height - 13'10" Second Floor ceiling height - 6'5"
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $3,120 | $3,120 | $3,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 5.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.285% | 5.510% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $19 | $19 | $25 |
Total Monthly Payment | $94 | $94 | $100 |
* 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.