Welcome to The Stratton Building. This charming 2-bedroom/Junior 4 coop combines classic appeal with thoughtful updates for modern comfort. Upon entering, you'll be greeted by a welcoming entry foyer that leads into a large living room, perfectly designed to accommodate a dining table as well. The entire space boasts beautiful hardwood floors and has been freshly repainted, creating a warm and inviting atmosphere. Natural light floods the apartment through the numerous windows, enhancing the spacious feel of each room. The updated, windowed kitchen is a chef's delight, featuring sleek stainless steel appliances and ample counter space. The primary bedroom is generously sized, easily fitting a king-size bedroom set and providing a serene retreat at the end of the day. The windowed bathroom is lined with elegant porcelain tiles and equipped with an espresso vanity, adding a touch of luxury. The good-sized second bedroom also includes its own closet, offering plenty of extra space for your needs. Throughout the apartment, you'll find ample closet space, ensuring you have plenty of room for storage. The Stratton is a financially sound coop. Laundry & Storage and Bike room located in the basement. Parking is a short wait list for only $140/monthly. Maintenance includes all utilities except electric. Subletting allowed after 2 years. Cats are welcome, No dogs, 20% of down-payment is allowed Debt to income must be below 28%. Close to all Public Transportation/Q11 & 12 Buses, E/F/M/R Subway, Shops, Entertainment, Parks, Major Highways, Etc. - Zoned For Top School District 28 and PS 175.
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Our Executive Mortgage Banker:
Our Insurance Division:
$400,000
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 | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,183 | $2,127 | $2,744 |
Total Monthly Payment | $2,258 | $2,202 | $2,819 |
* 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.