Imagine waking up to the gentle embrace of sunlight streaming through a bank of five windows, casting a warm, golden glow across your charming Co-op studio in the heart of Kips Bay. Nestled on the 2nd floor, this cozy haven offers lovely views of a quaint neighborhood that feels like a step back in time. The parquet floors add a touch of timeless elegance, while three large closets provide ample storage for all your cherished belongings. The incredibly efficient galley kitchen, with its cabinets reaching up to the ceiling, is perfect for preparing delightful meals. You're sleeping area, approximately 12' x 8', offers a snug retreat, and the full bath completes this inviting space. The building itself is a treasure trove of amenities, including a 24-hour attended lobby that greets you with a friendly smile every time you come home. With two elevators, a resident parking garage, a central laundry room, and a bicycle room, convenience is at your fingertips. Kips Bay is a neighborhood steeped in history and charm, bordered by Murray Hill to the north, the East River to the east, Stuyvesant Town and Gramercy Park to the south, and Rose Hill to the west, all within the vibrant range of Midtown.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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:
$295,000
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 | $236,000 | $236,000 | $236,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,570 | $1,569 | $1,990 |
Total Monthly Payment | $1,645 | $1,644 | $2,065 |
* 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.