Offered for the first time in over forty years, this home is perfectly located in the heart of the Lower East Side. Currently owned by a prolific and published artist, 5E awaits its next resident to be inspired by the history and pedigree of this property and make their mark in the world. Eastern windows provide glorious morning light and a view of the iconic Williamsburg Bridge. If youre into cooking, the kitchen has surprisingly generous cabinetry and workspace. The living room offers flexibility to create sleeping/living/dining to suit your needs. Hardwood floors unite the space, creating a warm base for your personal design. And the value offered is extraordinary, especially compared to renting.
157 Broome Street is an intimate, self-managed, pet friendly, elevator building. It is an HDFC coop where the owners must satisfy the following financial guidelines for annual income which may not exceed:
$130, 440 for one person,
$149, 160 for ,
$167, 760 for three people.
Located at the epicenter of the vibrant Lower East Side, 157 Broome is convenient to an eclectic mix of shopping, restaurants, rooftop bars and nightlife; this truly is the Manhattan neighborhood that never sleeps! Nearby, discover the new Essex Crossing, where 157 Broome residents are minutes from Regal Cinemas, The Essex Market, The Gutter Bowling Alley, and more. The arts and cultural scene of the Lower East Side include museums, music venues, galleries, and performance spaces. Just minutes from the expansive east side waterfront and several neighborhood parks, residents can escape the bustle of the neighborhood and enjoy quieter open spaces. Transportation to other parts of the city is provided by nearby B/D/F/M/J/Z lines, buses and nearby Citibike stations.
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Our Executive Mortgage Banker:
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$394,000
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 | $315,200 | $315,200 | $315,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,966 | $1,915 | $2,491 |
Total Monthly Payment | $2,041 | $1,990 | $2,566 |
* 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.