The perfect Pied-A-Terre or first home with fully renovated kitchen and bath. The kitchenette features new appliances with a two-burner electric cooktop, mini fridge, and convection/microwave oven. New floor and portable AC in the living area. Tudor Tower is located on a tree lined street across from 2 landmark parks with lush gardens that provide a tranquil respite from hectic city life. Pied-a-terres, co-purchasing, parents purchasing, gifting, and guarantors are allowed. The building is completely smoke-free and welcomes cats but not dogs. Fitness center membership available for small fee at 5 Tudor City Place. Heat, hot water and electric are included in the monthly maintenance. Amidst the picturesque Tudor-style buildings, you'll find a warm and welcoming community with an amiable building staff. Its strategic location offers convenient access to all subway lines, as well as being in close proximity to Grand Central and Penn Station, enabling effortless exploration of every corner of the city.
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Our Executive Mortgage Banker:
Our Insurance Division:
$279,000
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 | $223,200 | $223,200 | $223,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,485 | $1,483 | $1,882 |
Total Monthly Payment | $1,560 | $1,558 | $1,957 |
* 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.