Live the hi-life at 254 Park Avenue South. This fantastic building offers a 24-hour Doorman, fully equipped resident fitness center, a luxurious lounge including billiards table and a live-in super. Move right into this loft studio which is accentuated with 14 foot high ceilings and tons of lighting including a gorgeous hanging chandelier which drapes the space in elegance. This very unique apartment is a duplex with a stand-up loft bedroom which has its own walk in, completely outfitted closet. Pin drop quiet you will love the deep dark wood floors that lead to a great mix of industrial chic and modern elegance. An aluminum style staircase takes you to the bedroom while extra closet spaces are on the main floor for your washing machine and storage needs. To complete the space a luxury bathroom and kitchen are adorned in dark wood and stainless steel with top of the line appliances. The location of this apartment could not be better. You are situated at the edge of Gramercy Park, Flatiron, and Union Square where there are no end to choices for all of your restaurant and shopping needs. In addition there are many transportation options within a few blocks. Please contact us today for a private viewing
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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 | $4,240 | $4,240 | $4,240 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $28 | $28 | $36 |
Total Monthly Payment | $103 | $103 | $111 |
* 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.