WEST VILLAGE WONDER! DRASTIC PRICE REDUCTION!
605 Hudson Street, is a 10, 124 square-foot (gross) mixed-use building facing Abington Square in the prime West Village neighborhood. Built in the early 1900s, this 5-story property offers 35 feet of frontage on the park including a ground floor commercial component as well as six (6) apartments varying from 900 to 2, 000 square feet.
The West Village, one of Manhattan's most desirable neighborhoods continues to experience an economic resurgence and thriving commercial hub. The Abingdon Square serves as a community anchor for the rapidly growing population. Thanks to the landmark status, the West Village has kept building heights in check and protected the many architectural wonders of this enclave. Its quaint streets, many of them cobblestone with brownstones and Federal-Style townhouses continue to draw many high-profile celebrities and increasingly affluent and fashionable crowds.
Located in close proximity to the Google Headquarters and Hudson River Park, 605 Hudson is at close proximity of an array of fashionable boutiques and restaurants, most notably on Hudson and Bleeker Street. In addition, one can find a variety of art galleries and the Whitney Museum.
This perfect combination of location and space makes this property prime Real Estate!
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Our Executive Mortgage Banker:
Our Insurance Division:
$17,000,000
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 | $13,600,000 | $13,600,000 | $13,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $73,008 | $80,449 | $112,028 |
Total Monthly Payment | $73,133 | $80,574 | $112,153 |
* 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.