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Apartment 4 is a spacious and charming one bedroom located just one flight of stairs up in a well-kept co-op right off of Houston Street. The apartment exudes quintessential downtown living. It has exposed brick in the living room and overlooks the landscaped interior courtyard with great light throughout the afternoon. The kitchen is off of the living area, clad with stainless steel appliances and plenty of cabinetry. The bedroom sits adjacent to the kitchen with room to fit a king bed and additional storage spaces above the large built-in closet. The nicely renovated bathroom is situated perfectly at the front of the unit. Additional things to note are hardwood floors, electric blinds, closets for all of your storage needs, and dimmer switches for all lighting. 170 Norfolk Street is a co-op located in the best part of the Lower East Side. Along with the secure double door entry, the building features a landscaped courtyard with BBQ, plantings, picnic table, and bike rack. There is also a shared laundry facility right downstairs and updated intercom system. There is a current assessment of $99/month that expires in 2026. The building allows for 80% financing and there is a 1% flip tax. Pets are welcome! Situated on a quiet block south of Houston Street, the building is next door to the famous landmarked Angel Orensanz Synagogue. Get your groceries at Union Market, your sandwiches at Katz’s, your drinks at Beauty and Essex and your workouts at Equinox—it’s all right there!
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $492,000 | $492,000 | $492,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.282% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,315 | $3,315 | $4,252 |
Total Monthly Payment | $3,407 | $3,407 | $4,344 |
* 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.