Residence 2B at 41 West 16th Street offers the perfect blend of pre-war elegance with modern upgrades. No expense was spared during this tasteful renovation. The chefs kitchen boasts exquisite marble countertops, white lacquer cabinets and top-of-the-line Miele appliances. Ample storage throughout as well as common storage in the basement. Enjoy 11. 5 foot ceilings, hardwood floors and the quiet garden views. 41 West 16th is an intimate, nine unit self-managed coop that permits pets as well as flexible purchase structures on a case by case basis. This pre-war beautifully maintained building is located at the cross roads of Chelsea, Union Square and the Flatiron District. Appreciate the ease of this location, the comfort of nine different train lines all within minutes as well as a variety of bus options. The shopping is optimal as well with Whole Foods, Trader Joes and the West Side Market amongst many other shops, noteworthy restaurants and boutiques all within minutes of your front door.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$765,000
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 | $612,000 | $612,000 | $612,000 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,072 | $4,068 | $5,247 |
Total Monthly Payment | $4,164 | $4,160 | $5,339 |
* 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.