One of the FIRST resales in highly coveted 208 Delancey, one of the best selling buildings in Manhattan in 2023, this is a rare opportunity to purchase into the most luxurious new development on the Lower East Side. Discover your sanctuary in the city at 208 Delancey, an architectural marvel in the vibrant Lower East Side, crafted by the award-winning ODA New York. This unique building stands out with its curved exterior and rounded corner windows, enhancing each space with abundant natural light, air, and expansive views. Residence 3C at 208 Delancey is a testament to modern living in an efficient, functional layout that allows its savvy future purchaser to lay out their home in a myriad of different fashions. This 432-square-foot studio is thoughtfully designed to maximize comfort and style. Eastern-facing views offer a serene start to each day, while the residence boasts high-end Miele appliances, including a dishwasher and an in-unit washer and dryer, ensuring top-notch convenience, a rarity for Studio homes. The interior is a showcase of luxury with wide plank 8-inch European Oak flooring and high ceilings reaching up to 9 feet, creating an open, airy feel. The quadruple-pane oversized windows not only bathe the space in light but also significantly reduce outdoor noise, offering a peaceful urban retreat. As a resident of 208 Delancey, you'll enjoy a holistic living experience with a suite of both indoor and outdoor amenities that cater to a contemporary lifestyle. Each home in this collection, from studios to three-bedroom condominiums and distinctive Penthouses, is meticulously finished with elegant materials to elevate everyday living in one of New York's most dynamic neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$864,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $691,200 | $691,200 | $691,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,925 | $4,256 | $5,740 |
Total Monthly Payment | $4,017 | $4,348 | $5,832 |
* 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.