Sponsor sale, no board approval needed. Newly renovated 5th-floor studio apartment at Tudor Tower. This apartment features western exposure with beautiful views of Tudor City Park. The renovated new kitchen features a full sized refrigerator, two-burner electric cooktop, microwave oven, and new white kitchen cabinets and premium countertops. There are two deep closets throughout the space. 25 Tudor City Place is a completely smoke-free building and welcomes cats but not dogs. Electricity, heat, and water are included in the monthly maintenance. Dating to 1929, this historic Gothic Revival building features an intricately designed façade and a grand lobby with artful stained glass windows and dark wood accents. The very convenient location is in the heart of Midtown Manhattan, but set on a tranquil tree-lined street directly across from the privately owned Tudor City Park and Garden. There is a full-time doorman and on-site amenities include a roof deck with stunning Midtown views, a garden, laundry room, bike room and common storage. The Midtown office district and vibrant restaurant scene of First and Second Avenues steps away, and nearby Grand Central Station providing rapid transportation anywhere in New York.
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Our Executive Mortgage Banker:
Our Insurance Division:
$320,000
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 | $256,000 | $256,000 | $256,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,703 | $1,682 | $2,159 |
Total Monthly Payment | $1,778 | $1,757 | $2,234 |
* 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.