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NO BOARD APPROVAL.
If a sunny, elegant and fresh downtown loft is your heart's desire, look no further. Apartment 522, perched at the corner of Broadway and East 11th Street overlooking Grace Church, is as crisp and bright as its newly renovated hallways and gorgeous facade, which has just undergone a multi-year, multi-million dollar facade restoration worthy of its Ladies' Mile heritage. The jewel-box kitchen offers a Bertrazzoni range, Bosch refrigerator and dishwasher, and microwave. The primary bedroom, features one window on Broadway and two facing south over East 11th Street. A stunning Viewrail stairway with solid hickory treads leads up to the loft. Two new HVAC units, a beautiful bathroom, plus skim coated walls and ceilings, round out the updates.
The Cast Iron Building is pet friendly, with a 24-hour doorman, common roof deck, laundry, brand new gym, The building allows 80% financing, there is a 1. 5% flip tax, paid by the purchaser. This listing is brought to you by the owner/broker. FIRST SHOWING IS SUNDAY, JUNE 23. Open house time TBD.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.486% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,369 | $5,740 | $7,826 |
Total Monthly Payment | $5,494 | $5,865 | $7,951 |
* 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.