**LARGE PRIVATE TERRACE** **Open house by appointment only** A newly renovated one-bedroom apartment in a full-service building in the heart of NYC. This gorgeous home has undergone gut renovations, including state of a state-of-the-art kitchen with a massive quartz breakfast counter, custom cabinetry, stainless steel appliances, a washer/dryer, a dishwasher, recessed lighting, custom-built closets, wide plank floors, a designer bathroom with all new tiles, glass enclosure and plenty of storage space throughout. To top it all, you’ll enjoy a large private terrace, which makes this apartment a perfect place for entertaining or just relaxing after a long at work. The Magellan is a full-service luxury rental building in the heart of Manhattan. It features 24 24-door staff/concierge, a fitness center, a resident lounge/communal workspace, a laundry room, two roof terraces, and an incredible staff. It is located steps from all major trains, including the PATH.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,175
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 | $4,140 | $4,140 | $4,140 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $25 | $25 | $33 |
Total Monthly Payment | $100 | $100 | $108 |
* 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.