PERFECT FOR INVESTORS! Unlimited Sublet after purchase! Parental purchasing allowed! Sponsor unit! NO BOARD APPROVAL. 311 East 25th Street is a well maintained 6 story boutique Co-op building and centrally located in the most desirable location in the heart of the Kips Bay/Gramercy neighborhoods. As you step into unit 3B, you’ll be immediately captivated by the spacious layout and quiet feel. The long entry foyer leads into the well-lit living space, with room for a queen sized bed, couch, and additional furniture. This unit features a fully equipped kitchen with new appliances as well as a bathroom with a combined tub and shower. Hardwood flooring and ample closet space is provided for all of your storage needs. Building Features: - Elevator - Laundry room - Renovated lobby - Voice intercom system - Building Super The location allows easy access to Gramercy Park and Union Square. Enjoy dining at renowned restaurants and the convenience of grocery stores just a stone’s throw away. Transportation options are abundant, with access to the 4, 5, 6, L, N, and Q lines just a short distance away. Please note that some images have been virtually staged. Must Be A Cash Deal! There is a monthly operating assessment of $144. 95.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$315,000
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 | $252,000 | $252,000 | $252,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,677 | $1,675 | $2,125 |
Total Monthly Payment | $1,752 | $1,750 | $2,200 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.