Embark on a captivating journey through urban elegance with this newly renovated 1066 sq ft corner apartment nestled within The Cove Club. Boasting two bedrooms, two bathrooms, and a charming 55 sq ft balcony offering enchanting river and city views, this residence is a testament to modern comfort and style. Bask in the gentle glow of southeastern light streaming through oversized windows, illuminating the living and dining spaces adorned with captivating water vistas, cityscapes, and lush greenery. The kitchen, a culinary haven with ample cabinet and counter space, beckons for delightful gatherings with its open layout to the entertaining area. Retreat to the primary bedroom, where relaxation meets luxury with an en suite marble master bath and generous closet space, while the second bedroom offers convenience with its adjacent bathroom. No washer or dryer is permitted in the apartment. The Cove Club presents a haven of convenience and relaxation, offering amenities such as 24-hour door attendant service, a live-in superintendent, and a well-equipped gym and laundry facility. Indulge in leisurely moments on the expansive roof deck, boasting panoramic water views, or effortlessly access the on-site parking garage directly from the lobby. Nestled in the heart of Battery Park City, this residence offers a peaceful retreat amidst bustling city life. Enjoy easy access to waterfront recreation along The Battery and Esplanade, while nearby destinations like Brookfield Place and Westfield World Trade offer an array of shopping, dining, and entertainment options. With excellent transportation connectivity, this home promises the perfect blend of serenity and urban excitement. CC: $4, 861. 70 (Includes PILOT & Ground Rent) PILOT: 39. 8% - $1, 934. 95 - PILOT are the taxes. GR: 30. 9% - $1, 502. 26 Remaining operation charges to the Condo - $1, 424. 49 = 29. 3% Assessment: $119. 50 - ongoing since 2011 for current & future capital improvements.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,273 | $4,709 | $6,557 |
Total Monthly Payment | $4,365 | $4,801 | $6,649 |
* 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.