Residence 4A is a spacious two-bedroom, two-bathroom condominium featuring a versatile layout with loft-like expansiveness and private outdoor space in the full-service New Theatre Building. Situated on a tree-lined East Village block between First and Second Avenues, 240 East 10th Street is centrally located and just moments away from several parks, including Stuyvesant Square and Tompkins Square. The home’s oversized great room is lined with a wall of high performance double-paned east-facing glass that spans nearly 16 feet and floods the interior with natural light. In between the windows, a glass door opens to reveal an 80-square-foot balcony, gracefully decked with Acacia wood pavers, a hardwood renowned for its beauty and durability. Set back from the street, this private retreat offers an open quintessential view of the East Village. The recently updated kitchen boasts an open plan and is anchored by a large wraparound breakfast bar that can comfortably seat four. It is also equipped with an abundance of wood shaker-style cabinetry, stainless steel appliances (+ a garbage disposal), honed black granite surfaces, and brushed metal hardware. A set of floor-to-ceiling sliding doors separates the living space from a large secondary bedroom making it a flexible den, dining area, or extension of the living room depending on need. The former entrance, originally off the bedroom hall, can easily be restored (SEE ALTERNATE PLAN). The primary bedroom, secluded on the south side of the residence, is accessed via a corridor and features a massive custom walk-in closet that spans over 60-square-feet. Its en-suite bathroom, adorned with timeless finishes, is clad in crisp white subway tile and appointed with a glass-enclosed shower, pedestal sink and fixtures from Kohler and Grohe. Other highlights of this spacious home include a second full bathroom, a full-sized LG washer + dryer, hardwood oak floors, multiple large closets and an in-home elevator call button. The New Theatre Building, constructed in 2001, is an intimate elevator condominium designed by the renowned SLCE Architects. Soaring 16 stories above the celebrated Theater for the New City, the building offers a collection of 35 contemporary residences with only one to four homes per floor, many with private outdoor space. Residents enjoy access to a 24/7 staff with doorpersons, a resident manager, and a porter, providing continuous security and assistance. Additional amenities include a common outdoor area on the 12th floor with sweeping city skyline views, general storage (subject to availability), and a bike room. 240 East 10th Street is conveniently located near acclaimed restaurants, beautiful parks, cultural institutions, vibrant nightlife, and markets. * Please note, advertised taxes reflect a primary residence condominium abatement. There is currently an assessment in place to support building improvement projects.
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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 | $1,356,000 | $1,356,000 | $1,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $1,407 | $1,407 | $1,407 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,699 | $8,460 | $11,351 |
Total Monthly Payment | $9,231 | $9,992 | $12,883 |
* 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.